At Common 2004, the IBM iSeries user conference, PeopleSoft Inc. today announced PeopleSoft World Express, one of the industry’s most comprehensive solutions for small businesses with annual revenues between $20M and $100M. 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.

Developed exclusively on the IBM iSeries platform, PeopleSoft World Express builds on 20 years of enterprise applications innovation, industry-leading customer satisfaction, and unmatched reliability. With this new offering, PeopleSoft is able to deliver a comprehensive solution to an entirely new market segment—one that demands low maintenance solutions and a rapid return on investment, without sacrificing their need for rich functionality.

“The world just got better for small businesses,” said Craig Conway, president and chief executive officer, PeopleSoft, Inc. “We believe the combination of PeopleSoft World Express and the IBM iSeries platform brings small businesses the most reliable software and technology solution on the planet.”

“The combination of PeopleSoft and the IBM iSeries is a powerful solution for the small and medium business market,” said Marc Lautenbach, general manager of IBM Global Small & Medium Business. “Together with PeopleSoft, we are enabling our joint customers to enhance the control of business processes, streamline inefficient operations, and manage growth more effectively.”

PeopleSoft World Express includes:

§PeopleSoft World Applications: The comprehensive suite of PeopleSoft World applications provides the foundation for PeopleSoft World Express. These industry-leading applications include: PeopleSoft World Financials, PeopleSoft World Distribution, PeopleSoft World Manufacturing, PeopleSoft World Human Resources, and PeopleSoft World Project Management.

§Configured Business Processes: The new solution is configured with 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. These embedded business processes enable small businesses to implement the solution quickly with a rapid return on investment.

§Implementation Services: 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.

§Industry-Leading Platform Support: PeopleSoft World Express runs exclusively on IBM iSeries, one of the world’s most reliable, cost-effective business computing platforms.
“Most small businesses find themselves with many of the same business challenges as large enterprises,” 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 worldwide 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.