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Human resource software

PeopleSoft

PeopleSoft – Company Fulfilling The Evolving Corporate Expectations.

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PeopleSoft is a package of programs used by mid-sized to large businesses as a workforce management solution. PeopleSoft is a piece of software in the Oracle product range. It was originally meant to support finance and human resources, but it has since expanded to incorporate more tools and applications for broad business processes. Many different management components, such as materials, communications, and payroll management, are some of the uses that enterprises and corporations have for implementing software.

About The Company

Dave Duffield and Ken Morris launched PeopleSoft in 1987 to debut the application of their human resources. Their objective was to provide software to fulfill the evolving corporate expectations.

The corporation turned its focus to the internet in 1999. In addition, in 2000, the business developed PeopleSoft8, a web-based version of its software, as well as PeopleSoft e-centre, an in-house application service provider (ASP). Its web-based apps are designed to make system integration simple, allowing a company to link consumers, employees, and suppliers more cost-effectively. An organization can streamline processes since information is easily available by a wide range of personnel at any time and from any location, including mobile devices such as personal digital assistants (PDAs) and mobile phones.

Oracle owns the People Soft e-business software product line. The company began by providing human resources and financial applications. It has grown throughout time to include tools and applications for broad business operations like materials management, as well as solutions for specific industries such as automotive, communications, and higher education.

PeopleSoft currently offers users an integrated ERP software solution to help with the day-to-day execution of various business operations. Human resource departments in large corporations use PeopleSoft systems. Human resource management systems (HRMS), customer relationship management (CRM), finance and supply chain management (FSCM), and enterprise performance management are examples of these applications (EPM).

PeopleSoft
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Oracle Cloud and PeopleSoft

Oracle Cloud provides access to PeopleSoft products. Users can access and deploy HCM, FSCM, and other business apps using Oracle’s Compute Cloud and the Oracle Cloud Marketplace.

Users can transfer data to virtual machines in the Oracle Compute Cloud using Deployment Framework and PeopleTools 8.55. PeopleSoft Development and Testing instances can also be migrated to the Oracle Compute Cloud. Users can also use custom data with PeopleSoft and build multinode PeopleSoft clusters on the Oracle Cloud.

The Merger

PeopleSoft and competitor JD Edwards combined in 2003. Prior to its merger with PeopleSoft, JD Edwards’ product lines, World and OneWorld, were aimed at midsize businesses that were too small to benefit fully from PeopleSoft’s applications. It was able to appropriately offer for these enterprises by merging with JD Edwards, thus expanding its customer base. PeopleSoft rebranded OneWorld as PeopleSoft Enterprise One later on.

Oracle paid $10.3 billion and acquired PeopleSoft in 2005, adding CRM software to its product range. Oracle cut off 5,000 employees shortly after acquiring the firm. People Soft Enterprise One became JD Edwards EnterpriseOne, and PeopleSoft World became JD Edwards World, as Oracle rebranded the previous JD Edwards product line.

David Duffield – Founder

David is a successful executive and visionary in the company management, government, and higher education software industries. David launched PeopleSoft in 1987 and served as its CEO and board chairman prior to joining Workday. Before being bought in 2005, The company had grown to become the world’s second-largest ERP application software firm. David also founded Integral Systems, Business Software, and Information Associates. The company went public in 1992 and was purchased by Larry Ellison’s Oracle for $10.3 billion in 2005. He started Workday in 2005, which offered cloud-based management software and other solutions. In 2012, the company went public and raised $637 million. Duffield stepped aside as CEO of Workday in 2014, but he remains chairman. He currently controls approximately 25% of Workday.

ceridian

Ceridian – A Leading Provider Of Human Resource Software Across Several Continents.

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Ceridian is a publicly-traded software company that exclusively develops human resource software and products. It was launched 30 years ago and currently, its headquarters is based in Minnesota, US. Ceridian is popular in the USA and it has also established an international market in Australia, Europe, Mauritius, and Canada. The company currently has 6,000 employees and the company’s recent focus is on its Dayforce platform (launched in Mauritius two years ago). Dayforce is a very successful product suite of the company that integrates that combines every purpose from payroll to workforce management in a single cloud solution.

About Ceridian

Ceridian is a human capital management company and its full name is Ceridian HCM Holding Inc. The company’s main flagship product became Dayforce in 2012 after the acquisition of the company. It provides several necessary HR features like payroll, talent management, employee benefits, etc. From recruiting to retirement, It helps in managing the entire employee lifecycle with the help of Dayforce.

Apart from Dayforce, Ceridian has solutions for a wide range of sectors from healthcare to entertainment. Company has also received several awards on various grounds such as Gender Equality Index 2022 by Bloomberg, Top HR Product 2020, Great Place to Work, etc. This year, Ceridian has also appointed Leagh Turner as the Co-CEO (sharing the position with David Ossip) and also as a member of the company’s Board of Directors.

ceridian
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History of the Company

In 1992, Ceridian was established as a result of restructuring Control Data Corporation (CDC) which was one of the biggest US-based computer companies in the 1960s. The company was originally formed as an information services company. After it was spun out of CDC, many CDC businesses were operated under the brand name of Ceridian. Until 2007, Compay was listed on New York Stock Exchange but then it was acquired by a private equity firm. Thomas H. Lee Partners and Fidelity National Financial (FNF) got the ownership of Ceridian for $5.3 billion. Ceridian started gaining a lot of importance in the payroll market because it was the time when all-cloud HCM software solutions were rising in the market and Company grasped the opportunity, especially with Dayforce.

In March 2012, Ceridian acquired Dayforce, a SaaS application appropriate for all HR purposes. Ceridian’s HR solutions started flourishing after acquiring Dayforce and in 2013 it decided to its HCM and payment businesses. After a few months and several transactions, the separation was finally completed in October 2013. The company decided that its payment business will be operated under the name “Comdata” and the HCM business will be operated under the name “Ceridian HCM.” The company decided to hold the brand name for its HCM product suite because it has already become very popular among customers as Ceridian. In the same year, David Ossip became the CEO of the company. It again decided to go public in 2018 and hence filed an IPO and raised over $400 million. Recently, Ceridian has also acquired a few companies. They are Riteq, an Australian-based workforce management enterprise (2019), an Asian HCM called Excelity Global Solutions (2020), and Ascender HCM (2021).

About Control Data Corporation

CDC was a very reputed computer firm because during the 1960s this company had some of the world’s fastest computers. Seymour Cray, a supercomputer architect also worked for the company but he left to establish Cray Research in the 1970s. After the company entered in the 1980s, it started facing huge loss and thus most of the business and manufacturing unit of the company was shut down. Rest whatever was left came under the brand name Ceridian.

David Ossip – CEO

David Ossip is the current CEO and Chairman of Ceridian. He founded Dayforce in 2009 and when it was acquired by Ceridian, he joined the company. David also founded Workbrain before he became a part of Ceridian. He also served as the Chairman of LifeWorks for two years and Advisory Board Member of OMERS Ventures for four years. David went to the University of Toronto followed by Harvard Business School.