Western Farmers Electric Cooperative Deploys PeopleSoft Accelerated Financials
Mid-Market Company Benefits from Accelerated Implementation of Real-Time Solutions
PLEASANTON, Calif.--(BUSINESS WIRE)--July 2, 2002-- PeopleSoft Inc. (Nasdaq:PSFT - News) today announced that Western Farmers Electric Cooperative (WFEC) has consolidated almost fifty disparate IT systems in less than 80 days with PeopleSoft Accelerated Financials. PeopleSoft's industry-leading mid-market solution provides companies with real-time visibility, control, and insight into financial business processes resulting in faster, smarter decisions.
"As we anticipate wholesale deregulation of the electric industry, WFEC is focused on improving business processes that will allow us to remain competitive with larger investor-owned power generators," said Howard Fleshman, manager of information systems at WFEC. "PeopleSoft Accelerated Financials will play a major role in the present and future success of our core business."
WFEC, a generator and wholesale supplier of electric power, rapidly deployed PeopleSoft Accelerated Financials to replace legacy systems with PeopleSoft's pure Internet solutions. For the first time, WFEC employees can efficiently enter expenses into one central financial system online -- all through a standard web browser. In addition, PeopleSoft's solution will provide WFEC with real-time visibility and control into financial results and expenditures. The solution was deployed by PeopleSoft Accelerated Alliance Provider, Technology Solutions Company (Nasdaq:TSCC - News), in less than 80 days.
"Mid-market organizations are often just as complex as large organizations, but have fewer resources and smaller budgets," said Jeffrey Read, vice president and general manager, PeopleSoft Mid-Market. "PeopleSoft Accelerated Financials is an affordable, comprehensive solution that provides mid-market companies with the capability to move business processes online in as little as 70 days."
PeopleSoft Accelerated Solutions were designed for businesses ranging from start-ups to companies with $300 million in annual revenue. The fixed-price solutions include PeopleSoft's industry leading applications, technical and end user training, and implementation services provided by PeopleSoft Consulting or an Accelerated Alliance Provider. Customers can also choose to have the applications hosted by PeopleSoft eCenter.
About PeopleSoft
PeopleSoft (Nasdaq:PSFT - News) is the world's leading provider of application software for the real-time enterprise. PeopleSoft pure Internet software enables organizations to reduce costs and increase productivity by directly connecting customers, suppliers, partners and employees to business processes on-line, in real time. PeopleSoft's integrated, best-in-class applications include Customer Relationship Management, Supply Chain Management, Human Capital Management and Financial Management. More than 4,700 organizations in 107 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com.
Note to Editors: PeopleSoft and the PeopleSoft logo are registered trademarks. All other company and product names may be trademarks of their respective owners.
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Contact:
PeopleSoft, Inc., Pleasanton
Christine Cefalo, 925/694-4176 (Media)
christine_cefalo@peoplesoft.com
or
Porter Novelli
Ginger Hernandez, 415/975-2223 (Media)
ginger_hernandez@porternovelli.com |
