We all know it's really hard to get good pricing and cost information.
Please share what you can so you can help your peers.
Oracle doesn't charge us for all of our customization's but we have an in-house development team that does the customization.
This solution offers a perpetual license. While I cannot compare the solution directly to others on the market, I can say that it would be ideal if the pricing was a bit less.
There are no additional costs for licensing.
I don't know if they are still providing licenses or if they have suspended licenses.
We pay a yearly licensing fee.
The licensing cost for PeopleSoft is 3,500 per course and the annual subscription fee is 6,500. That is rather expensive. I am not sure, but I believe there are some hidden costs.
The licensing depends on the number of people using it. The fees are based on the number of users you have and the number of features or options you require. They can sell it based on the population. For example, if you have five thousand users they will charge a base amount per user. It's approximately $3,000,000 to $4,000,000 USD per year. It also depends on the size of your company. If your company is small then you can take a different licensing, such as a constant number. Or, if your company is growing and is dynamic then you would select the license for the number of users and the features you require. It comes in bundles for HCM, which has HR, benefits, payroll, and time and labor. Whether you use all of these features or not, it's there for you. To obtain a certified license as a consultant it will cost you a few thousand dollars. I don't believe in the licensing process. I was on a plane once and a woman was sitting next to me and she was completing her license online but she was on the phone asking her boyfriend for the answers to the questions asked. This is not a trustworthy or reliable way to obtain a license. They also have a separate license for contract management, for people who do contract payroll.
If the organization has complex needs that require constant changes based on business changes and has a solid IT department, there might not be a better solution than PeopleSoft. If the organization wants to quickly get up to speed and more money, they can look into the other hosted solution and assume not too many changes after you implement. Setup costs may be the biggest cost component, and you need to assemble with experienced people with the product or right consulting company to reduce the costs and time duration. Might be a good idea to go in phases — first with HR and keep working in parallel with other modules rather than big-bang with all modules when the organization does not understand the product that well.
If you were talking to someone whose organization is considering PeopleSoft, what would you say?
How would you rate it and why? Any other tips or advice?