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Technology Stocks : Peoplesoft (PSFT)
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: Rudi Strobl who started this subject10/5/1995 4:00:00 PM
From: olduser   of 56
 
Yup. Companies are buying their product to manage all the HR (Personnel) related data they are now flooded with. Think about it. You can change your benefits info in a heartbeat, you are adding/outplacing people left and right, you have 57 varieties of employee and contractor status, and so on. Most telling is the trend to reduce the number of Personnel folks as a staff reduction. When that happens and the remaining ones handle the more strategic tasks, there's a real advantage to putting in a Peoplesoft system. Their booth was probably the hottest at the recent HR Mgmt. Systems trade-shows.
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