What is PeopleSoft?
PeopleSoft is a commercial software solution powered by Oracle that helps bring UTEP and the UT System into the 21st Century of data management. As it strives to become a Tier One Research University, UTEP must continue to develop its organizational infrastructure to support enrollment and academic program growth as well as to achieve its research aspirations.
The PeopleSoft team at UTEP has been working diligently with our UT System counterparts to achieve outstanding accomplishments for Human Resources and Finance Systems.
What is UT Share?
The UT Board of Regents established that all UT schools looking to convert Finance and HR systems from the current legacy system (Define) must implement PeopleSoft. As an incentive, the Regents have provided $30 million to establish a shared services environment in which other UT System institutions will join us in our conversion to PeopleSoft.
The PeopleSoft implementation at UTEP is a UT Share project. “UT Share” is a term used for projects that provide solutions to support unlimited possibilities across the UT System. Specifically, UT Share projects are System-wide shared initiatives that allow participating institutions to reap the benefits of shared governance, shared services, and shared expertise. In this case, the PeopleSoft solution will help us to:
- Partner with other UT System institutions to create a unified HR and Finance solution
- Gain cost efficiencies through economies of scale
- Streamline business processes to improve service delivery
- Provide improved access to information to facilitate decision making