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PeopleSoft Launches CFO Portal

Announcement posted by PeopleSoft 30 Aug 2001

Redefines Portal Technology, Demonstrates Solutions' Success
Extending its product innovation in portals, PeopleSoft Inc. (Nasdaq: PSFT) today announced the PeopleSoft CFO Portal. The new CFO Portal provides a single point of access to financial performance required by both finance and business managers.

PeopleSoft's CFO Portal solution, the industry's first web-based, financial portal, is able to integrate a company's financial information with customised analytics and external content.

This new portal solution compliments PeopleSoft's extensive portal offering which includes the employee, customer, supplier, government and campus portals. Through the new CFO Portal, customers set rules to define targeted financial performance, areas of concern, and tasks that require immediate action. Managers are alerted immediately when key performance indicators (KPIs) are out of range with targets and action is required. The instant notification saves time, ensures focus on operational performance and enables managers to act quickly and effectively.

"With the delivery of the CFO Portal solution, PeopleSoft has again demonstrated its technology leadership. It is the industry's only web-based, financial portal that integrates a company's actual results with customised analytics and external content," said David Webster, Managing Director Australia and New Zealand, PeopleSoft. "Delivering CFOs and financial managers this level of management information ensures goals are tracked and met, and value is realised."

PeopleSoft's Portal Solutions are providing organisations around the world with a single, easy-to-use interface that delivers personalised business information to customers, suppliers and employees. PeopleSoft's leading portal technology features an open architecture, supporting PeopleSoft applications, other vendors' applications, and internally developed applications.

PeopleSoft announced today that PeopleSoft customers were rapidly adopting its pure internet portal solutions. Demonstrating growing demand for its industry-leading portal solutions, PeopleSoft has signed more than 150 new portal customers over the past two quarters.

New portal customers announced yesterday include Toyota, Anadarko Petroleum, Rogers Communications, Carreker Corporation, AON Australia, ONET, and Sager Electronics.

PeopleSoft's employee, customer, supplier, government and campus portals are available today. The CFO Portal is scheduled for availability in the fourth quarter.


About PeopleSoft
PeopleSoft Inc. (Nasdaq: PSFT) is a world leader in providing eBusiness applications that enable people - customers, suppliers, and employees - to power the internet. PeopleSoft's pure internet Customer Relationship Management, Supply Chain Management, and Enterprise management solutions provide the industry's most open and flexible e-commerce platform. PeopleSoft employs more than 8,500 people worldwide, including 2,500 eBusiness consultants. More than 4,700 organisations in 107 countries run on PeopleSoft eBusiness applications. For more information, visit us at www.peoplesoft.com.

PeopleSoft began operations in Asia Pacific in 1993 and now has offices in Sydney, Melbourne, Canberra, Perth, Brisbane, Adelaide, Auckland, Wellington, Singapore, Hong Kong and Malaysia. It's customers include AAP, AMP, ANZ, Australian National University, Australian Stock Exchange, Bangkok General Hospital, Coles Myer, Department of Defence, Eastern Energy, Ford, Foxtel, Government of Singapore Investments Corporation, HSBC Holdings, John Fairfax Holdings, Mass Transit Railway Corporation (MTRC) Hong Kong, National Mutual Health Insurance, NZ Police, NZ Post, UNITEC, Reserve Bank of Australia, Reding Paper Products, Transfield Pty Ltd, University of NSW, Hewlett-Packard, Citibank, AMD, DBS Bank, PSA Corporation, Singapore Ministry of Finance, Morrison Express, Singtel, Starhub, Tenaga Nasional, Telekom Malaysia and Swire Properties.

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Copyright 2001 PeopleSoft, Inc. All rights reserved.