PeopleSoft Introduces Solution for the Small Business Market

Joint PeopleSoft, IBM Solution is available for industrial manufacturers, wholesale distributors, homebuilders and construction companies

San Antonio, TX — May 4, 2004 — At COMMON 2004, the IBM iSeries user conference, PeopleSoft Inc. announced PeopleSoft World Express, a solution for small businesses with annual revenues between $20 million and $100 million. The new solution includes PeopleSoft World enterprise applications, more than 30 industry-specific business processes, implementation services from certified channel partners, and the IBM iSeries technology platform.

The solution is available for industrial manufacturers, wholesale distributors, homebuilders and construction companies.

PeopleSoft World Express includes PeopleSoft World applications, including PeopleSoft World Financials, PeopleSoft World Distribution, PeopleSoft World Manufacturing, PeopleSoft World Human Resources and PeopleSoft World Project Management.

The company said the solution also offers configured 31 industry-specific business processes, including Returning an Item to a Supplier, Performing Product Costing and Item Introduction, Purchasing an Inventory Item, and Managing Accounts Receivable Balances.

Finally, World Express includes implementation services, in which PeopleSoft distributors will provide user training and implementation services for the PeopleSoft World Express solution. The distributors are certified by PeopleSoft and have comprehensive industry knowledge and implementation skills, according to the provider.

"Most small businesses find themselves with many of the same business challenges as large enterprises," commented Raymond Boggs, IDC vice president, Small/Medium Business Research. "Software vendors that can provide affordable technology that solves complex business problems are well positioned to succeed in this important market."

PeopleSoft World Express will be sold through PeopleSoft's network of distributors. PeopleSoft World Express will be generally available in North America in Q2 2004. The solution will be introduced in countries in Europe and Asia Pacific throughout the next two quarters.