Companies Around the World Continue to Choose PeopleSoft; Business Software Leader
Extends Global Reach
Business Wire - August 18, 1998 18:44
PLEASANTON, Calif.--(BUSINESS WIRE)--Aug. 18, 1998--PeopleSoft (NASDAQ:PSFT) is gaining global momentum as more enterprises around the world
chose and implement PeopleSoft enterprise applications.
Today, PeopleSoft announced license agreements with the Australian Department of Defense, the Japanese Research Institute, and Morrison Express Corp., a
leading freight forwarder in Asia. In addition, British Telecom recently licensed PeopleSoft HRMS, and in July, the Treasury Department for the Commonwealth of
Puerto Rico implemented PeopleSoft Financials to improve efficiency and effectiveness.
"Our customers around the world face diverse business challenges, and PeopleSoft is dedicated to providing the tools they need to compete successfully in their
markets," said Howard Gwin, general manager of international operations at PeopleSoft.
"We have introduced a wide range of global applications and functionalities this year, and those investments are paying off. By creating enterprise solutions that meet
customer needs globally, PeopleSoft is becoming a world leader in application software."
To that end, PeopleSoft opened offices in Hong Kong and Switzerland in June, expanding to 17 the number of countries in which it operates. The company already
counts among its customers seven of the top 10 Global Fortune 500 companies, including Wal-Mart Stores Inc. and Mitsubishi Corp.
Highlights of PeopleSoft's recent global licensing activity and implementations include:
Reducing Costs in Australia
Australia's Department of Defense and PeopleSoft signed a contract for the implementation of PeopleSoft's HRMS, Time and Attendance, and Payroll applications
across the entire defense organization.
The PeopleSoft solution will consolidate Navy, Army, Air Force and Defense Public Services' human resources (HR) systems. The Department of Defense expects
to save millions of dollars in maintenance and staff time with the PeopleSoft systems.
Web Deployment in Japan
The Japan Research Institute, Limited (JRI) in Tokyo has entered into an agreement with PeopleSoft Japan to purchase PeopleSoft HRMS as part of an ERP
solution. JRI's 2,500 employees will be able to access the PeopleSoft human resources system from their desktops through a Web browser on the JRI intranet.
Y2K and Beyond in Great Britain
British Telecom purchased PeopleSoft HRMS to handle human resources functions for its 130,000 employees.
"We wanted an HR solution that would not just solve the millennium problem, but also take us forward into the 21st century," says Linda Garforth, director of
Financial Control and Planning for British Telecom in the United Kingdom. "With PeopleSoft's flexibility of function, and its future-proof architecture, we've got what
we were looking for."
Streamlining Processes in Taiwan
Taiwan-based Morrison Express chose PeopleSoft HRMS and Financials to standardize and streamline its human resources and accounting processes worldwide.
Morrison wants to decrease the time required to close and reconcile its accounts from more than three weeks to five days.
"PeopleSoft software will allow this to happen as well as provide executive information reporting capabilities beyond what we have today and to meet our
increasingly sophisticated requirements," said Henry Hon, Morrison's vice president and CFO.
Going Live in Puerto Rico
Puerto Rico's Department of Treasury, the equivalent of the Internal Revenue Service in the United States, completed a PeopleSoft implementation in July.
"We selected PeopleSoft Financials because we believe it will give us the tools to streamline our business processes and expand access to information across the
island," said Xenia Velez Silva, Puerto Rico's Secretary of the Department of Treasury. "We need the functionality, the tools, and the client-server technology that
PeopleSoft offers to take us into the next century."
About PeopleSoft
PeopleSoft (NASDAQ:PSFT) is a global supplier of enterprise software for business and government. PeopleSoft solutions for manufacturing, supply chain,
financial, project and human resource management are in use by more than 2,500 customers worldwide.
Headquartered in Pleasanton, Calif., PeopleSoft employs 6,000 people and had 1997 revenues of $815 million. PeopleSoft is on the World Wide Web at
www.peoplesoft.com.
Note to Editors: PeopleSoft, PeopleTools, PS/nVision, PeopleBooks, and PeopleCode are registered trademarks, and Red Pepper and PeopleTalk are trademarks
of PeopleSoft Inc. All other company and product names may be trademarks of their respective owners.
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