Software manages and archives enterprise data.
Press Release Summary:
PeopleSoft Enterprise with Active Archive(TM) Solutions includes Human Capital Management archive templates as well as archiving capabilities for Financial Management and Government sectors. Archive templates for HCM Recruit Workforce helps users manage details about open positions and maintain information about individuals that apply for positions. Financial Management agencies concerned with audits and budget management can use archive templates that understand Government audit rules.
Original Press Release:
Princeton Softech Extends Archiving Capabilities for PeopleSoft
New Human Resources, Financial and Government archiving capabilities increase market share for archiving PeopleSoft Enterprise data
PRINCETON, NJ - May 2, 2005 - Princeton Softech, the market leader in application database archiving, today announced the newest release of its Active Archive(TM) Solutions for PeopleSoft Enterprise. This release includes additional Human Capital Management (HCM) archive templates (including Recruit Workforce) and enhanced archiving performance and capabilities for the Financial Management and Government sectors. Princeton Softech continues to expand its market share as the only vendor that provides a consistent process for archiving and managing PeopleSoft Enterprise application data across modules, versions and platforms. Princeton Softech's enterprise archiving technology can be implemented consistently across J.D. Edwards® EnterpriseOne and Oracle E-Business Suite, as well as custom applications.
New PeopleSoft Enterprise archive templates for HCM Recruit Workforce are essential for managing details about open positions and maintaining information about the individuals who apply for those positions. HR managers can segregate historical information about job applicants to ensure timely application performance. With enhanced support for PeopleSoft Enterprise Financial Management agencies concerned with audits and budget management can take advantage of archive templates that understand Government audit rules. Agencies can meet requirements to retain PeopleSoft Financials data and audit information and allow functional users to increase efficiency and accuracy for archiving and retaining PeopleSoft data.
"Princeton Softech has more PeopleSoft archiving customers than any other vendor because of our extensive knowledge of the functional, application and technical requirements within the PeopleSoft environment," said Paul Winn, Princeton Softech's CEO. "This knowledge enables businesses to execute their policies for retention and compliance without having to develop or reinvent new solutions."
Princeton Softech's archiving technology for PeopleSoft offers over 100 predefined archive templates and an Archive Template(TM) designer environment that ensures accuracy, facilitates rapid implementation and offers a high tolerance for most site-specific customizations without requiring manual intervention. In addition, IT organizations have the ability to tier historical information by age and transaction status to ensure timely completion of key business processes and to reduce operational costs.
"As vendors focus on developing archiving capabilities for specific ERP, CRM and other data intensive applications, companies will begin to see some differentiation among market offerings," said Raymond Paquet, vice president, Research Director, at Gartner Research. "Companies will derive additional value from database archiving technology that matches functional business processes, includes integrity checks that are important to business users and provides low-cost options for managing and retaining historical transaction data."
About Princeton Softech, Inc.
Princeton Softech (www.princetonsoftech.com), the market leader in database archiving, delivers comprehensive enterprise data management software solutions for the leading applications, databases, operating systems and hardware platforms. Princeton Softech's Active Archive(TM) Solutions enable companies to manage and store data, based on its business value, critical for information lifecycle management (ILM). Our Relational Tools(TM) provide test data management capabilities that improve application quality and reliability. Companies can maximize application performance and availability, while reducing their total cost of ownership. Princeton Softech's products are used by more than 2,100 of the world's largest companies across industries in more than 30 countries. Princeton Softech is financed by Apax Partners, Inc. and LLR Partners.
