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These enhancements include new functionality for managing temporary and contract workers, absence management and new industry-specific solutions.
HRMS version 8.9 allows companies to manage full-time and temporary workers from a single integrated platform using a single repository.
The same employee identities are used on the system, whether individual employment status changes or not - for instance, when a worker becomes a full-time employee instead of a temporary contract worker.
The new Peoplesoft Enterprise Absence Management module tracks all employee absences in a single web-based application, enabling organisations to automate planning and compensation for paid and unpaid time off for a global workforce.
The new application uses a rules-based decision engine with employee and manager self-service input and integrates with PeopleSoft Enterprise Global Payroll.
In addition, PeopleSoft newly designed Talent Acquisition Manager and Candidate Gateway products are online, self-service tools that aim to deliver greater efficiency for recruiters and candidates during the hiring process.
Albert Pang, an analyst at IDC, said, "PeopleSoft is delivering three customer benefits with HRMS 8.9: a significantly enhanced architecture, new features and usability enhancements."
PeopleSoft Enterprise HRMS 8.9 will be available in the last quarter this year.