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Archive for the ‘ERP’ Category

PeopleSoft ERP Software – 2015/2016 Best in KLAS!

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Best in KLASDid you hear the news? Oracle’s PeopleSoft ERP Software has been named 2015/2016 Best in KLAS!

The report named top performing companies based on feedback from their customers. The title of Best in KLAS is a highly coveted recognition of outstanding efforts to help healthcare professionals deliver better patient care. It is reserved for vendor solutions that lead the software and services market segments with the broadest operational and clinical impact on healthcare organizations.

So what does this mean to PeopleSoft’s healthcare customers? You made a very smart purchasing decision. But are you taking full advantage of the features and functionality? If not, let MIPRO help you. For healthcare organizations seeking new software solutions, take a look at PeopleSoft. The features and functionality have seen major innovations and Oracle remains committed to continuing investing in the product.

Whatever your challenge, you can count on MIPRO to help you. We are passionate about all things PeopleSoft.

Contact us today to see how we can help implement PeopleSoft for your healthcare organization.

Utilizing PUM to Optimize your PeopleSoft Application

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Software providers spend millions of dollars in development every year providing new functionality and enhancing their applications. In the past in order for customers to take advantage of a new functionality or enhancement it generally resulted in the need to complete complex and expensive upgrades. Customers weighed the advantages of these improvements to not only drive business processes but increase business process efficiencies, increase automation, and provide valuable information to decision makers. All of these things are necessary in order for companies to stay competitive. Today, PeopleSoft Update Manager (PUM) has changed the landscape of how new functionality as well as ongoing maintenance is delivered and PeopleSoft customers are reaping the benefits.

MIPRO has designed a systematic cost-effective Program utilizing the PeopleSoft Update Manager (PUM).  Gone are the days of doing an upgrade to stay on the latest platform just to maintain support from the provider. The new updates are more frequent, smaller and easier to deploy.   The sooner you take advantage of software enhancements, the sooner you will begin realizing the benefits. The requirement to realizing these benefits: you must be on PeopleSoft 9.2. If you are not there yet MIPRO can help get you there. Once on PeopleSoft 9.2, you will stay current by systematically doing smaller incremental updates by utilizing the PeopleSoft Update Manager (PUM) tool and the Selective Adoption model. Staying current can be a streamlined process and MIPRO is ready to assist you.

MIPRO is passionate about all things PeopleSoft and we look forward to working with you to unlock all the value within your ERP investment. Email us today for more information.

PeopleSoft is NOT Dead!

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Did you attend RECONNECT 2015, in Rosemont, Illinois? If your answer is “yes,” then you know what a great event it was. If your answer is “no,” we don’t want you miss out on one of our favorite parts.

Wednesday morning the day kicked off with the Oracle keynote in which Marc Weintraub, Senior Director of Product Strategy for PeopleSoft, addressed some of the most common questions from PeopleSoft customers and partners, as well as provided an update on the state of PeopleSoft.

Some key takeaways from Marc which MIPRO firmly believes & supports:

  • PeopleSoft is NOT dead.
  • Organizations need to understand Selective Adoption.
  • PeopleTools is more important than ever!
  • PeopleSoft 9.2 adoption rates are high.
  • PeopleSoft information is everywhere!

 

If you missed the keynote at RECONNECT Marc is hosting a PeopleSoft Townhall session, today, September 9th 2:00 pm EST. Click the link below to register for the Townhall Session: Everything You wanted to Know about PeopleSoft but Were Afraid to Ask.

If you have any other questions regarding PeopleSoft please contact Larry Zagata. He will have the answers!!

The Value of Upgrading to PeopleSoft 9.2

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release_model_1Quest QA Magazine recently published an article, “Seeing the Value in Today’s PeopleSoft.” In the article, Marc Weintraub, Senior Director at PeopleSoft, talks about the enormous benefit of PeopleSoft Selective Adoption, including the ability of companies to stay on top of maintenance and get the latest capabilities without the need for a “small army” to do it efficiently. Gone are the days of expensive and labor & time intensive upgrades. PeopleSoft Selective Adoption allows customers to select which changes they want to make to their application. It is a delivery model that allows upgrades to bring true value to the organization. And customers are definitely taking advantage of this new delivery model. Weintraub shares, “Currently over 40% of active PeopleSoft customers are on the latest release of the software, with a conversion rate of just over 5% per quarter.” He highlights the fact that 9.2’s PeopleSoft Fluid User Interface (FUI) offers an intuitive user interface allowing companies to easily deploy PeopleSoft in a mobile environment. This is critical in today’s environment where the definition of what constitutes a workplace has itself become fluid.

Don’t wait to take advantage of the benefits of upgrading to PeopleSoft 9.2. Contact Larry Zagata today to get started.

FSCM PUM Image 12 – Pricing Manager WorkCenter

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On May 6th, Oracle released Image 12 for PeopleSoft FSCM. One of the enhancements released was the Pricing Manager WorkCenter in Order Management; it is designed to streamline the daily functions for power users. The Pricing Manager WorkCenter contains the pricing dashboard, alerts, additional analytics, reports and queries and links to the most common work functions in Order Management.

As with other work centers, users can configure additional links, reports, queries etc. to further improve their end user experience. The “one-stop shopping” of these work centers vastly improves the ability of users to perform their jobs and improves speed and efficiency. The ability to be alerted about pricing issues from one page and then investigate, diagnose and take action in a streamlined manner frees up time to improve the effectiveness of the power users.

Pricing Manager WorkCenter

Using your Oracle support user name and password, you can find a PDF describing in more detail the Pricing Manager WorkCenter here.

If you would like more information about Pricing Manager WorkCenter, please reach out to me via email.

 

Gartner Confirms MIPRO’s Commitment to PeopleSoft

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peoplesoft oracle

In 2005, MIPRO made a commitment to the PeopleSoft platform and the organizations that use the PeopleSoft solution. Over the years we’ve tested the waters of other solutions, but we continued to come back to our passion – PeopleSoft.

In Michael Guay’s April 20, 2015 assessment he confirms what we’ve observed over the past few years. Despite rumors of PeopleSoft’s demise, Oracle’s commitment is solid and organizations should evaluate the PeopleSoft solution as they would any ERP suite.

Guay’s analysis goes on to say that PeopleSoft is as viable as most other ERP suites. With all the talk about the cloud, which can deliver real benefits, those who have invested in PeopleSoft can have the best of both worlds utilizing the newest technology and functionality found in the latest 9.2 release or by adopting cloud point solutions if they are looking to test the cloud approach.

The article’s summary encapsulates it well; driven by rumors and questions regarding Oracle’s commitment to the PeopleSoft suite, ERP leaders are uncertain about its future. But ERP leaders must separate rumor from fact, understand Oracle’s roadmap and plan for PeopleSoft, and evaluate the suitability of PeopleSoft for their organizations within a postmodern ERP strategy.

If you have ANY PeopleSoft questions, please be sure to contact Larry Zagata

PeopleSoft Supply Chain Management Presents a Range of Benefits for Healthcare Institutions – Part 2 Sourcing

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One of the underappreciated aspects of high-quality Supply Chain Management(SCM) is its ability to provide healthcare institutions with the capability to take a more proactive approach to sourcing. In other words, instead of working with a single manufacturer or supplier, hospitals can cast a wider net and proactively compare candidates based on a wide range of factors. By taking more time to refine requirements, evaluate options and compare different vendors and manufacturers with their competitors, hospitals can be confident that they are making the best-informed and most cost-effective decisions.

Powerful SCM solutions will also provide supplier enablement functionality. This allows suppliers to register online where they can place a competitive bid to provide a specific commodity or service — resulting in the hospital’s ability to vet pricing quickly. This type of feature cuts down on time spent talking to various suppliers and comparing pricing. It brings the information directly to your doorstep.

PeopleSoft Strategic Sourcing provides a powerful tool to enable organizations to manage the sourcing process. It allows for streamlined request-for-quote and request-for-proposal (RFx) activities to focus on finding the best value and lowest total cost supplier rather than searching for the lowest price.

So what exactly is strategic sourcing? Strategic sourcing refers to the process of determining the best suppliers for needed goods or services and the conditions under which you award them your business. The strategic element of this definition comes from the ability to apply different methodologies to create the most value in your supply chain. This value can come in the form of pricing, warranty terms, quality, delivery accuracy, or other factors. Strategic sourcing enables you to quantify and balance these requirements so organizations can achieve specific business objectives. A complete solution built on internet-based portal technologies, reverse auction capabilities, and proposal analysis tools can deliver significant value to organizations.

Some features of PeopleSoft Strategic Sourcing include the ability to:

  • Efficiently add bidders with self-service registration.
  • Create auction events and reverse auction events to ensure competitive sourcing events
  • Author a contract document at the time of RFx creation so bidders will have full visibility to terms.
  • Invite named suppliers to participate or open a purchasing event to the general public.
  • Hold a sealed event in which the buyer cannot review the responses until after the submission period has closed.
  • Leverage knowledge from internal experts through online collaboration while ensuring not all collaborators have access to sensitive data.
  • Perform “what- if” analysis by adjusting factors, weighting, and scores and view the optimal award.
  • Award these events into a purchasing application as POs or contracts.
  • Save strategies and results as templates, capturing results for future use.
  • Automate event notifications.

Enabling the sourcing process and its features allow for organizations to better manage and secure the best information to ensure that all factors are considered when deciding on which suppliers to utilize.

In future blog posts I will explain how, once the supplier is awarded a contract or PO, PeopleSoft SCM products tightly integrate and complement this process to facilitate managing and reducing supply spend.

In the meantime, please be sure to contact Larry Zagata if you have questions about the PeopleSoft SCM applications or ANY PeopleSoft questions.

PeopleSoft FSCM 9.2 Supplier and Customer 360 Views – Making it Easier!

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As you might be aware, PeopleSoft FSCM 9.2 Update 10 provided the Supplier 360 Degree View.  Instead of employees juggling tasks and having to go in and out of various areas, Update 10 provided a one-stop page where users can see everything about a supplier; all information related to a supplier can be viewed in order to address tactical and strategic business issues and challenges.

Supplier 360 Degree View

Supplier 360

Comparison of Suppliers View

Suppliers View

On March 5, 2015, PeopleSoft FSCM Update 11 delivered the Customer 360 Degree View. Based on the Supplier 360 framework, the Customer 360 Degree View will provide one central place to view all information related to a customer. Users will be able to compare customers side-by-side and drill into details.

You can find the new PeopleSoft FSCM Update Image 11 here  and this document provides the Release Value Proposition of the new features and enhancements for PeopleSoft FMS, ALM, ESA, SRM and SCM 9.2 released in PeopleSoft Update Images 1 through 11.

You’ll need your Oracle support user ID and password to access the content on the Oracle support site.

In the meantime, please be sure to contact Larry Zagata if you have questions about any of the recent changes to PeopleSoft or ANY PeopleSoft questions.

 

 

 

 

PeopleSoft Supply Chain Management Presents a Range of Benefits for Healthcare Institutions

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Asset-management

 

The sheer logistics of operating a modern healthcare facility are daunting. From the most expensive medical devices to the vast array of paraphernalia required to provide comprehensive care (medications, syringes, bandages and various medical instruments), hospitals procure, store, utilize and dispense an extraordinary quantity of specialized material and equipment. It is an extremely complex supply chain with many diverse links.

In fact, supply chain costs are one of the biggest expenses in any hospital’s budget. At close to 40 percent of the operating budget for some institutions, the supply chain represents the second largest expense after labor costs. Because the supply chain occupies an outsized space on the balance sheet, implementing more effective inventory management strategies and improving supply chain performance can have a significant impact. Reductions of 10-12 percent are possible with even moderate supply chain improvements.

With the opportunity for huge savings to the bottom-line, healthcare organizations are increasingly looking to robust technology systems to help create more efficient business processes and advanced supply chain management software is one of the most popular and effective ways to do exactly that. PeopleSoft Supply Chain Management presents a range of benefits for healthcare institutions including optimizing supply chain efficiency, streamlining essential business processes, and making a measurable, sometimes dramatic, impact on the bottom line. Stay tuned, in the coming weeks I will be outlining the various PeopleSoft Supply Chain Management applications.

In the meantime, please be sure to contact Larry Zagata if you have questions about the PeopleSoft Supply Chain Management applications or ANY PeopleSoft questions.

PeopleSoft 9.2: What’s Next??

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Are You Waiting for PeopleSoft 9.3 to upgrade?

It’s been two years since Oracle released PeopleSoft 9.2, shouldn’t we just wait for 9.3 to upgrade? What’s that, there is no 9.3? Is PeopleSoft Dead?  FAR from it!

Watch the latest PeopleSoft Talk with Marc Weintraub, Oracle’s Senior Director – PeopleSoft Product Strategy. Marc explains why there doesn’t need to be a 9.3. Here are a few of the highlights from the video:

  • The difference between PeopleSoft Update Manager (PUM) and PeopleSoft Selective Adoption.
  • Some of the great new features that have already been released via PUM over the past two years.
  • New innovations that are being considered for future updates.

Be sure to watch the video; it’s short…only 13 minutes but well worth the time. PeopleSoft definitely is not dead. PeopleSoft is evolving and, as things stand right now, 9.2 may be the last upgrade you will ever need!

As always, please be sure to contact Larry Zagata with any questions. MIPRO is happy to be your go-to contact for anything PeopleSoft.

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