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PeopleSoft's Mid-Market Push
Posted Jun 2, 2003
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PeopleSoft has released 13 new products aimed at businesses with annual revenues between $50 million and $500 million. The new products focus on CRM, finance, HR, sales, procurement, and other functions, and are versions of the company's enterprise applications specially designed for the mid-market.The offering includes the following PeopleSoft Mid-Market applications: Financial Management, Resource and Project Management, Sales and Marketing, Service, Sourcing, Procurement, Fulfillment, Manufacturing, Recruit Workforce, Optimize Workforce, Reward Workforce, and AppConnect. "The difference is that specific functionality can be turned on or off within the application as needed by users," says Jeffrey Read, vice president and general manager for PeopleSoft Mid-Market. "The processes are 70 to 80 percent configured." According to Read, PeopleSoft's new products will sell for a set price, including installation and maintenance, and customers can buy individual software functions separately as their needs grow. www.peoplesoft.com
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