Marc Weintraub (Senior Director of Product Strategy for PeopleSoft) spoke with Alexa Masters (Product Strategy Director, PS Procurement) to talk about the advancement of PeopleSoft Procurement solutions in 9.2.
The three main challenges facing procurement organizations today are:
- Spend Creep
- Supplier & Contract Compliance
- Technology to manage the process
In this video, Alexa explains the measures that have been taken to improve the products and meet these challenges for their customers.
Alexa also addresses the importance of mobility in requisitioning. PeopleSoft, using the Fluid User Interface (FUI), offers an intuitive user experience optimized for smart phones, tablets and even use on the desktop. Using FUI makes procurement a more efficient process from requisitions to approvals and all the way to the receiving of orders.
There have also been improvements to Supplier Contracts with the addition of the Supplier Contracts Workbench as well as the Sourcing & Contract Work Center. By utilizing these new features available to 9.2, customers are able to see vast improvements in their procurement organizations by reducing risk and improving data management.
Reach out to us if you have any questions regarding the improvements to PeopleSoft Procurement or any other PeopleSoft questions.