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Oracle PeopleSoft Pension Administration from Oracle Financial Services
PeopleSoft Pension Administration provides robust functionality for managing the complexities of pension plans, including benefits calculations, retirement planning, compliance, and reporting functionalities tailored for corporate treasury management.
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Product analysis by function
Pension Administration Systems for Pension and Investment Management
Software that manages participant records, benefit calculations, and regulatory compliance for corporate pension plans.
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Participant Data Management
(12 Yes /12 Known /12 Possible features)
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Member Record Creation Ability to create and store individual pension participant profiles. |
Core to any pension admin system, PeopleSoft allows the creation of member/participant records according to Oracle documentation. | |
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Data Validation Rules Enforcement of data integrity through required fields and format checks. |
Data validation, including field checks and integrity rules, is standard in PeopleSoft HRMS for pension data. Referenced in Oracle guides. | |
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Bulk Data Upload Allows upload of multiple participant records via files (e.g., CSV, Excel). |
PeopleSoft supports bulk data upload via file imports (CSV, Excel), a documented core feature. | |
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Data Change Audit Trail Logs of all edits, deletions, and creations of records. |
Comprehensive audit trails for sensitive data changes are configurable per Oracle PeopleSoft security and compliance documentation. | |
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Document Storage Capability to attach and store participant documents (IDs, forms). |
Document storage for participant documents is available and described in Oracle documentation as part of electronic recordkeeping. | |
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Data Encryption at Rest Participant data is encrypted on storage media. |
Oracle PeopleSoft supports data encryption at rest, a standard feature in its cloud security model. | |
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Automated Duplicate Detection Automatic identification and alert for duplicate records. |
Automated duplicate detection is available in PeopleSoft data quality tools as per product documentation. | |
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Flexible Data Fields Customizable fields for additional participant data. |
Custom fields can be configured in PeopleSoft for extensible participant data management. | |
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Self-Service Portal Participants can access and update their own information. |
Self-service portal with participant access/update capability is documented as a key feature in Oracle product literature. | |
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Annual Statement Generation Automatically generate and distribute annual account summaries. |
Annual statement generation/distribution is a core compliance/participant communication feature in PeopleSoft Pension Admin. | |
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Data Export/Import Ability to export and import participant data in multiple formats. |
Data import/export in standard formats is supported for integration and recordkeeping, per Oracle's documentation. | |
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Data Retention Policy Support Implement configured rules for retention and deletion of records. |
Data retention and deletion rules are supported via configurable PeopleSoft data governance policies reported by Oracle. |
Benefit Calculation & Modeling
(10 Yes /10 Known /11 Possible features)
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Defined Benefit Plan Support System supports calculation of defined benefit (DB) pensions. |
PeopleSoft supports calculations for defined benefit plans; core pension logic supports multiple calculation models. | |
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Defined Contribution Plan Support System supports tracking and calculation of defined contribution (DC) plans. |
System supports defined contribution plan logic and tracking, as described in Oracle's capability matrix. | |
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Projection Tools Allows users to model future benefits under various scenarios. |
Projection tools are available for retirement planning, as referenced in Oracle PeopleSoft product sheet. | |
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Early Retirement Factors Calculates early or late retirement benefits according to plan rules. |
Early/late retirement factor calculations are configurable, according to PeopleSoft product documentation. | |
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Multiple Formula Support Handles various calculation formulas for different groups or plans. |
Supports multiple benefit formulas, allowing different groups or plan rules as described in Oracle guides. | |
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Supplementary Benefit Support Calculates optional credits, top-ups, or annuity add-ons. |
Supplementary benefit calculations/top-ups can be configured as plan features per PeopleSoft documentation. | |
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Benefits Estimator for Participants Self-service benefit estimation tool for participants. |
Participant self-service estimator tools are mentioned in Oracle documentation for PeopleSoft Pension Administration. | |
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Multi-Currency Calculations Performs calculations in various currencies as required. |
Multi-currency calculations supported as part of Oracle PeopleSoft's internationalization features. | |
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Recalculation Triggers Automatic recalculation when relevant data changes (e.g., salary updates). |
Recalculation triggers based on underlying data changes (e.g., salary updates) are part of PeopleSoft's pension engine. | |
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What-if Analysis Runs multiple scenarios to forecast benefit outcomes. |
What-if analysis/scenario modeling included in retirement planning modules according to Oracle. | |
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Speed of Calculation Time taken to perform a standard benefit calculation. |
No information available |
Regulatory Compliance & Reporting
(8 Yes /8 Known /10 Possible features)
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Automated Regulatory Updates Regular updates to rules/logic reflecting new or updated regulations. |
Oracle touts automated regulatory update capabilities as a core differentiator for compliance. | |
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Statutory Report Generation Generation of legally required reports (e.g., 5500, SFAS disclosures). |
Statutory and custom report generation is a major component described in PeopleSoft Pension Admin documentation. | |
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Electronic Filing Integration Ability to file reports electronically with regulators. |
System supports electronic filing integrations, e.g., for IRS Form 5500, per PeopleSoft documentation. | |
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Tax Calculation Engine Accurate handling of taxes on contributions and disbursements. |
Sophisticated tax engine for pension and benefit payments described as a feature set by Oracle. | |
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Compliance Alerts Notifies staff when regulatory deadlines or data discrepancies occur. |
Compliance alerts and workflow routing for regulatory deadlines are included, per product guides. | |
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Audit Trail for Compliance Actions Records all compliance-related actions and changes. |
Extensive logging and compliance audit trail features are repeatedly referenced in Oracle product/technical documentation. | |
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Documented Regulation Mapping Clear mapping between system controls and legal requirements. |
No information available | |
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Plan Document Management Stores historical and current plan documents for reference. |
Plan document management (current/historical) is included as part of Records Management and compliance. | |
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Role-based Data Controls Manages who can access, modify, or report on sensitive data. |
Role-based data access/controls are recurring in platform security and permission documentation. | |
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Time to Generate Standard Report Typical time to run and export a regulatory report. |
No information available |
Payments & Disbursements
(10 Yes /10 Known /11 Possible features)
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Automated Payment Scheduling Ability to set up recurring and one-time payments. |
Automated payment scheduling is integrated into benefits disbursement modules per Oracle. | |
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Direct Deposit Integration Transfers funds directly to participant bank accounts. |
Supports direct deposit integration for payroll/pension disbursements, confirmed by Oracle documentation. | |
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Check Printing Capability Generates and prints paper checks for disbursement. |
Check printing remains a supported feature for manual payments per Oracle literature. | |
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Multi-batch Processing Handles multiple payment batches concurrently. |
Multi-batch processing for disbursements is documented in PeopleSoft's payment processing workflows. | |
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Payment Status Tracking Monitors payment statuses and failures. |
System tracks payment statuses, failures, and resolutions, per workflow documentation. | |
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Tax Withholding Calculations Automatic deduction and remittance of taxes. |
Tax withholding is automatically calculated and remitted within the pension disbursement engine. | |
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Payment Notification Emails Notifies recipients of incoming payments or issues. |
Payment notification emails to participants are configurable in payment communications. | |
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Suspense Account Handling Manages undeliverable payments & remediates issues. |
Suspense accounts and unclaimed payment management available as per PeopleSoft disbursement features. | |
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Disbursement Approval Workflow Multi-level approval before releasing payments. |
Multi-level approval workflows for payments are supported in PeopleSoft (as per Oracle). | |
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Manual Payment Override Allows authorized users to override or reissue payments. |
Manual override of payments by authorized users is possible, per system security controls documentation. | |
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Maximum Batches per Day Number of payment batches handled in a day. |
No information available |
Investment Management Integration
(10 Yes /10 Known /11 Possible features)
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Custodian Integration Connects directly to asset custodian banks/platforms. |
Custodian integration is supported for direct connectivity with asset service providers. | |
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Automated NAV Updates Fetches net asset values and updates position valuations automatically. |
Automated NAV updates for holdings/positions are available and highlighted in asset integration documentation. | |
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Portfolio Allocation Engine Allows assignment and rebalancing of participant investments. |
Portfolio allocation and rebalancing engines are integrated per core investment support literature. | |
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Investment Switching Support Supports participants moving funds between investment options. |
Investment switching (reallocation) for participants is a key capability in PeopleSoft's modules. | |
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Performance Reporting Provides detailed investment return and risk analytics. |
Performance and risk reporting for investments is part of Oracle's standard analytics offerings. | |
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Trade Order Routing Routes contribution and withdrawal orders to investment platforms. |
Trade order routing integrated into withdrawal/contribution modules according to product documentation. | |
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Real-Time Data Feeds Displays up-to-date investment valuations. |
Real-time/intraday data feeds documented for investment positions in Oracle integration guides. | |
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Automatic Dividend Reinvestment Reinvests dividends/distributions automatically. |
Automated dividend/distribution reinvestment is noted in investment management features. | |
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Multi-Asset Class Support Manages equity, fixed income, cash, and alternative allocations. |
Multi-asset class investment support (equity, fixed income, alternatives) extensively described in Oracle product sheets. | |
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ESG/Custom Filters Allows filtering or tagging for responsible investment mandates. |
ESG/Custom filtering support referenced in Oracle's global investment compliance literature. | |
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Max Allocation Options Supported Number of investment options the platform can handle. |
No information available |
Actuarial Integration & Valuation
(9 Yes /9 Known /10 Possible features)
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Data Export for Actuarial Valuations Standard interface to export required data for actuaries. |
Export for actuarial valuations is supported, as integration for external actuarial consulting and reporting. | |
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Mortality Table Libraries Built-in or customizable mortality and demographic tables. |
PeopleSoft includes support for mortality tables and life expectancy assumptions management. | |
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Assumption Management Tools Manage and update economic/demographic assumptions. |
PeopleSoft supports assumption management for both economic and demographic actuarial assumptions. | |
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Internal Valuation Engine Calculates liabilities and required contributions internally. |
Internal actuarial valuation engine, including liability and contribution calculations, is available as documented. | |
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Scenario Stress Testing Run ‘what if’ scenarios against actuarial assumptions. |
Scenario stress testing is included under the plan modeling features for actuaries, per product documentation. | |
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Funding Ratio Calculation Calculates and displays funded status of the plan. |
Funding ratio calculations are available in PeopleSoft's actuarial/valuation reports. | |
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Validation vs. Actuarial Reports Analytics to reconcile internal and actuarial outputs. |
Analytics for validation vs external actuarial reports are referenced in product reporting/mining capabilities. | |
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GASB/IFRS/US GAAP Support Compliant with major pension valuation reporting standards. |
PeopleSoft's compliance with GASB, IFRS, and US GAAP is described in Oracle pension admin documentation. | |
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Valuation History Storage Archive of historical valuations and assumptions. |
Valuation history and storage of assumptions/outputs is a key element in plan administration. | |
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Max Supported Actuarial Scenarios Number of assumption scenarios that can be supported in modeling. |
No information available |
Workflow & Case Management
(9 Yes /9 Known /10 Possible features)
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Custom Workflow Designer Visual or logic-based workflows for business processes. |
Custom workflow and process design features are available through the robust PeopleSoft workflow engine. | |
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Case Tracking Assign, track, and escalate participant cases or requests. |
Case tracking is implemented in the participant service/case management module. | |
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Alerts & Notifications Sends real-time alerts on workflow events and deadlines. |
Real-time alerts/notifications for workflow and key deadline events are supported in the workflow manager. | |
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SLA Monitoring Tracks and enforces service level agreements for request fulfillment. |
SLA monitoring/tracking is built-in for service desk and participant request modules. | |
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Document Workflow Integrates document approval, review, and archival. |
Document workflow approvals, reviews and archiving integrated into business processes per Oracle documentation. | |
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Task Assignment Rules Route cases or tasks to specific teams or users automatically. |
Task assignment/routing available via configurable workflow rules. | |
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Role-Based Access Control Workflow and tasks access restricted by user roles. |
Role-based access is a foundation of PeopleSoft workflow and data security architecture. | |
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Process Analytics Metrics and analytics on workflow efficiency and processing times. |
Process analytics are available via in-platform reporting and analytics. | |
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Parallel & Sequential Processes Supports multiple process routing methods. |
Parallel/sequential workflow routing is designable via workflow configuration. | |
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Average Case Resolution Time Mean time to handle a standard participant case. |
No information available |
Security & Access Management
(11 Yes /11 Known /11 Possible features)
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Multi-factor Authentication Requires an additional verification step for user login. |
Multi-factor authentication is supported with Oracle cloud identity solutions. | |
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Single Sign-on (SSO) Support Integrates with corporate SSO solutions (e.g., Okta, Azure AD). |
Single sign-on integrations (e.g. with Okta, Azure AD) are a key highlight of Oracle security integration. | |
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Granular Permission Management Highly specific permissions for user roles and groups. |
Granular permissions for users/groups available and configurable in the PeopleSoft platform. | |
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Audit Logs and Monitoring Comprehensive logging of logins, actions, and data changes. |
Audit logs of all key system and data-change activity are part of PeopleSoft's core compliance features. | |
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Data Encryption in Transit Encrypts all data exchanged with the system. |
Data is encrypted in transit per Oracle cloud and on-premise documentation. | |
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Intrusion Detection Integration Connects to SIEM and intrusion detection/prevention tools. |
SIEM/intrusion detection integration is an included capability in Oracle security documentation. | |
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Field-level Security Can mask or hide sensitive personal information. |
Field-level security and masking is a security feature in Oracle PeopleSoft. | |
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Automated Session Timeout Sessions end automatically after a period of inactivity. |
Automated session timeout can be configured for security compliance. | |
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IP Whitelisting/Blacklisting Restricts or blocks access by IP address. |
IP filtering (whitelisting/blacklisting) is available via infrastructure and user-security settings. | |
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Security Certification Compliance Certified against SOC 2, ISO 27001, etc. |
Oracle PeopleSoft can be certified SOC 2 or ISO27001, depending on customer deployment. | |
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Password Policy Enforcement Enforces complexity, rotation, and reuse controls. |
Password policy enforcement (complexity, rotation, reuse) is available as an admin function. |
Integration & Interoperability
(9 Yes /9 Known /10 Possible features)
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API Availability Supports REST/SOAP APIs for real-time system interaction. |
Comprehensive REST/SOAP APIs for integration are highlighted in Oracle PeopleSoft technical docs. | |
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Standard Data Formats Uses XML, JSON, CSV for data import/export and interoperability. |
Support for standard data formats (CSV, XML, JSON) is present for import/export/interoperability. | |
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Payroll System Integration Imports salary/contribution data from payroll systems. |
Payroll system integrations are present in Oracle documentation for benefits management. | |
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Active Directory Integration Synchronizes users and groups with directory services. |
Active Directory and LDAP integration is supported out of the box in Oracle PeopleSoft. | |
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HRIS Integration Interacts with human resources information systems. |
HRIS integrations, especially with Oracle and third-party HR platforms, are well documented. | |
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Batch File Processing Handles scheduled upload/download of files. |
Scheduled batch file processing is a core integration feature. | |
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Webhooks/Real-time Event Triggering Publishes system events to outside applications. |
Webhooks/event triggers to external applications are supported according to integration guides. | |
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Bank Integration Direct integration for fund transfer and confirmation. |
Bank integration for fund transfer is enabled for both investment and payment functionalities. | |
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Legacy System Data Migration Assisted migration and validation of historical records. |
Legacy system migration tools/processes are documented as a service offered for PeopleSoft deployments. | |
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Number of Supported Integrations Total unique, supported integration endpoints. |
No information available |
Analytics & Business Intelligence
(8 Yes /8 Known /9 Possible features)
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Custom Report Builder Users can build custom reports from system data. |
Custom report builder is included to allow users to design ad hoc system queries and outputs. | |
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Interactive Dashboards Visual, interactive dashboards with drilldowns. |
Interactive dashboards with drilldown access are featured in Oracle's analytics suite. | |
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Trend Analysis Identifies patterns and trends in plan participation, funding, etc. |
Trend analysis is available through Oracle's analytics/reporting tools. | |
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Scheduled Report Distribution Automatic report distribution to stakeholders. |
Scheduled/automated report distribution available via reporting center features. | |
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KPI Tracking Automated calculation and monitoring of key performance indicators. |
Automated KPI tracking and monitors are built into analytics. | |
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Predictive Analytics Forecasts cash flows, demographics, or risk factors. |
Predictive analytics is supported in Oracle's business intelligence layer. | |
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Data Visualization Tools Charts, graphs, and other visualization formats. |
Data visualization via charts/graphs included in both core and BI modules. | |
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Export to BI Platforms Compatibility with Power BI, Tableau, etc. |
Export to external BI platforms like Power BI, Tableau is referenced as part of Oracle's analytics integration. | |
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Time to Generate Dashboard Average time to build and load a dashboard. |
No information available |
User Experience & Support
(8 Yes /8 Known /10 Possible features)
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Responsive Web Design Accessible and usable on desktop, tablet, and mobile devices. |
Responsive web design for desktop and mobile access is featured in recent PeopleSoft UI releases. | |
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Contextual Help Help or tooltips provided throughout the UI. |
Contextual help/tooltips are part of user experience enhancements in PeopleSoft. | |
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Multi-language Support System can operate in multiple user-selectable languages. |
Multi-language support is described within PeopleSoft's global deployment capabilities. | |
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Accessibility Compliance Compliant with WCAG/ADA accessibility standards. |
Compliance with accessibility (WCAG/ADA) is described for PeopleSoft UI. | |
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User Training Resources Access to guides, videos, and documentation. |
Access to user training resources, guides, and documentation is standard in Oracle product support. | |
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Service Desk Integration Integrated or linked to IT support ticketing systems. |
Service desk/ticketing integration is available as documented in support configuration resources. | |
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Knowledge Base Online, searchable repository of FAQs and solutions. |
A searchable knowledge base is included and referenced in product support literature. | |
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In-app Guidance Step-by-step walk-throughs for processes. |
In-app guidance walk-throughs for process support are included in user experience design. | |
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System Uptime SLA Guaranteed system availability. |
No information available | |
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Average Response Time for Support Time to first response from support for user queries. |
No information available |
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