Understanding Asset Management

PeopleSoft provides a set of documentation components that complement each other to present all the information you need to implement Asset Management. Before you do, it is helpful to understand the various elements used in tandem with Asset Management.

Asset Management is the core financial product of the PeopleSoft Asset Lifecycle Management (ALM) Solution. The other products that compose the ALM product suite are:

• PeopleSoft IT Asset Management.

• PeopleSoft Maintenance Management.

• PeopleSoft Lease Administration.

The Asset Repository Manager (ARM) is the central feature used in common by these products. The asset repository is essentially the asset database, the core of asset processing. From the asset repository, assets are made available to other products in pursuance of their respective business processes.

See Understanding the Asset Repository.

The products included in the ALM product suite also integrate directly with PeopleSoft Human Capital Management.

Finally, Asset Management integrates with other Financials and Supply Chain Management products, including:

• PeopleSoft Billing.

• PeopleSoft Budgeting.

• PeopleSoft General Ledger.

• PeopleSoft Project Costing.

• PeopleSoft Payables.

• PeopleSoft Purchasing.

• PeopleSoft Strategic Sourcing.