What Are the Key Features of PeopleSoft's Payroll System?


Quick Answer

The key features of PeopleSoft's payroll system include multiple currency support, a flexible processing framework and the ability to manage payroll for multiple countries using a single database. Local extensions for compliance are another key feature.

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Full Answer

PeopleSoft's payroll system allows single-database deployment and management of payroll for multiple countries and features a flexible payroll processing framework. The system supports multiple currencies for complex calculations. In addition, it has local extensions to aid in payroll compliance and accuracy.

PeopleSoft is an Oracle software suite that includes five separate application systems for workforce and HR management and is designed to aid large companies in managing these areas. PeopleSoft's payroll system is part of the Global Core Human Capital Management family of applications. Other application families include Workforce Management, Labor Rules and Monitoring, Workforce Service Delivery and Talent Management.

Further information about the PeopleSoft software suite can be found by visiting Oracle.com, clicking the Products link in the header menu at the top of the page and then clicking the See All Products A-Z link next to the Products header on the next page. Users should then click the letter P at the top of the page and select PeopleSoft from the list.

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