(From Oracle’s site)

Oracle’s PeopleSoft Enterprise Performance Management (EPM) enables organizations to achieve world-class performance by aligning the right information and resources to strategic objectives.

PeopleSoft EPM offers performance management solutions for every budget and every phase of the management cycle, helping managers formulate strategies for profitable growth, align strategies with operational plans, and actively monitor day-to-day operations.
* Reduce month-end close from weeks to days to achieve best-in-class status against industry standards
* Consolidate the financials from thousands of groups worldwide and report the numbers to Wall Street
* Consolidate direct and indirect spend from PeopleSoft, legacy, and SAP systems to save millions of dollars
* Capture millions of customer instruments monthly for profitability and risk analysis