PeopleSoft

PeopleSoft, Inc. {{nasdaq|PSFT}} was a software company that provided enterprise resource planning, human resource management and customer relationship management software solutions to large corporations. Founded in 1987 by Dave Duffield and Ken Morris, and headquartered in Pleasanton, California, PeopleSoft's roots began with an idea Duffield had about a "Client-Server" (then a new concept) version of Integral's popular mainframe HRMS package. Once Integral declined development and released Duffield to pursue this endeavor on his own, PeopleSoft was born. In January 2005, however, PeopleSoft was acquired by the Oracle Corporation and ceased to be an independent company, although its products continue to be used by thousands of companies.

Related Topics:
Software - Enterprise resource planning - Human resource management - Customer relationship management - Corporations - 1987 - Pleasanton, California - Client-Server - Mainframe - January - 2005 - Oracle Corporation

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The software is modularized into specific components, including payroll, human resources, inventory, various accounting packages, and student enrollment. PeopleSoft is well known for its ability to be easily "customized," or tailor-made, to fit the specific business needs of each client, while still being generic enough to meet corporate and governmental tracking requirements. Its detractors decry the frequent bugs found in the system, which required patches and fixes. PeopleSoft — like most large software companies — spawned an industry-within-an-industry of PeopleSoft consulting, the implementation and maintenance of the product.

Related Topics:
Modularized - Payroll - Inventory - Accounting - Bugs - Industry

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