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PeopleSoft HCM Collaborative Applications. Steve Beard Sr. HCM Product Consultant. Self Service is transforming the way we do business…. Why Employ Collaborative Applications?. 50%. Increase in Employee Satisfaction. 90%. Drop in HR Inquiries. 60%. Transaction Cost Reduction. 100%.
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PeopleSoft HCM Collaborative Applications Steve Beard Sr. HCM Product Consultant
Why Employ Collaborative Applications? 50% Increase in Employee Satisfaction 90% Drop in HR Inquiries 60% Transaction Cost Reduction 100% ROI - In18 months Source: Human Resources Self Service Survey 2001 Cedar, formerly The Hunter Group
Collaborative Applications At PeopleSoft • January 2001: 29th organization Live on PeopleSoft 8 • Today PeopleSoft is Live with 11 HRMS 8 products plus the Employee Portal • 26 countries • 10,000 users • 1 global database • Single sign-on • One point of entry via Employee Portal
Products Implemented • Collaborative Applications • eRecruit • eRecruit Manager Desktop • eBenefits • eProfile • eProfile Manager Desktop • ePay • eCompensation Manager Desktop • Employee Portal • Workforce Analytics
The Numbers • ROI over 5 years = 415% • Payback period = 1.5 years • Savings over 5 yrs: $20M Note: all figures above were derived using the PeopleSoft ROI Calculator for Collaborative Applications, a tool PeopleSoft provides to its customers to help define the benefits of our collaborative applications. The ROI Calculator was developed in conjunction with Cedar Enterprise Solutions (formerly The Hunter Group), a leading enterprise solutions and consulting services provider with special focus on ERP, e-business, and eWorkplace (self-service) solutions.
Sample Costs and Savings per Activity Manual Cost Self Service Cost PS Application / Business Process % Savings $21.79 $4.87 $3.39 $11.85 $18.26 $14.01 $11.11 eBenefits: Enroll in Benefits eDevelopment: Enroll in Training eProfile: Change Home Address eRecruit: Apply for a Job eCompensation Manager Desktop: ChangeSalary eProfile Manager Desktop: Approve Promotion eRecruit Manager Desktop: Create Job Req $109.48 $17.77 $12.86 $21.31 $44.67 $48.64 $36.89 80% 73% 74% 44% 59% 71% 70% Source: PeopleSoft Self-service Effectiveness Assessment. 2001Cedar, formerly The Hunter Group
eRecruit Manager’s Desktop • Create, Post and Manage Job Requisitions • Search and Screen Applicants • Administer Interviews • Prepare Hire Processes
eProfile Manager’s Desktop • View Employee Information • Initiate Personnel Transactions • Promotions • Reporting Changes • Transfers • Separations • Status • Job
eCompensation Manager’s Desktop • Compensation History • Total Compensation • Employee Salary Change and Status Review • Group Salary Change and Status Review