PeopleSoft Announces "Excellence In SRM" Benchmarking Service Powered by Aberdeen Group

At its Connect 2004 user conference, PeopleSoft Inc. (Nasdaq: PSFT) and Aberdeen Group today announced the PeopleSoft "Excellence in Supplier Relationship Management (SRM)" Benchmarking Service powered by Aberdeen Group Research. Leveraging performance data from more than 2,000 companies and over 300 Key Performance Indicators (KPIs), the new service enables organizations to assess their sourcing and procurement competency against industry peers and best-in-class organizations. As a result, procurement professionals can build ROI-based business cases for SRM initiatives and implement recommendations to improve supply management operations.

Unlike traditional benchmarking services, the new offering utilizes KPIs that focus on strategic business results instead of individual business transactions. Results-based KPIs ensure that companies prioritize their operational improvements on opportunities that impact the bottom line. The new offering has two levels of service:

1. Level One – Online SRM KPI and Research Library: Provides a list of more than 300 KPIs and assessment models to benchmark SRM performance. In addition, customers and prospects have access to Aberdeen Group's full research library and benchmark reports.
2. Level Two – Personal SRM Benchmarking Service: Organizations are interviewed by Aberdeen to assess their competencies and critical KPIs for SRM success. Once the assessment is complete, organizations receive a Personal Benchmark Report that provides specific recommendations for business improvement.

"Organizations demand clear evidence of the expected returns of SRM solution investments and need an efficient way to measure on-going solution benefits," said Patrick Quirk, group vice president and general manager, PeopleSoft Supply Chain Management. "Together, PeopleSoft and Aberdeen will enable our customers to better plan and execute their supply management initiatives."

"We are pleased that PeopleSoft has chosen to work with Aberdeen Group to raise the bar for actionable research and benchmarking that can be applied directly to the business decision making process," said Jamie Bedard, CEO, Aberdeen Group. "The Excellence in SRM Benchmarking Service not only gives companies an accurate reading on current organizational performance, but it will also make a strong fact-based business case when vying for scarce corporate resources."

For more information about the Excellence in SRM Benchmarking Service Powered by Aberdeen Group's Personal Benchmarking Service, please visit http://peoplesoftsrm.aberdeen.com.

About PeopleSoft
PeopleSoft (Nasdaq: PSFT) is the world's second largest provider of enterprise application software with 12,400 customers in more than 25 industries and 150 countries. For more information, visit us at www.peoplesoft.com.

About Aberdeen Group
Founded in 1988, Aberdeen Group is the "Technology Driven Research Destination of Choice for the Global Business Executive." Aberdeen Group has over 100,000 research members in over 36 countries exclusively focused on the technology driven value chain. For more information, visit us at www.aberdeen.com.