PeopleSoft earns federal certification

PeopleSoft Enterprise Financial Management 8.8 received certification from the Joint Financial Management Improvement Program (JFMIP), the company said.

JFMIP certification is required for all financial management software solutions implemented by federal agencies. It validates a product's compliance with standards for improving federal business processes such as cost management, regulatory reporting, funds allocation and budget preparation.

"PeopleSoft Financial Management 8.8 was JFMIP certified only seven weeks after general availability of the solution," said Kevin Horigan, managing director of PeopleSoft Public Services.

More than 25 federal government organizations, including the Energy and Treasury departments, use PeopleSoft's Financial Management solutions, the company said.

JFMIP is an independent agency that develops the standards for core federal financial systems to improve financial accountability and performance throughout the government.

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