Asset Lifecycle Management Features - PeopleSoft FSCM PUM 52

Asset Lifecycle Management Features - PeopleSoft FSCM PUM 52

 

Oracle continues to refine enterprise asset management with the latest enhancements introduced in PeopleSoft Financials and Supply Chain Management (FSCM) Update Image 52. This update brings significant improvements to the Asset Lifecycle Management (ALM) module, focusing on better data visibility, streamlined tracking, and enhanced decision-making tools.

Key features such as Multiple Attachments for Assets and Supplemental Data Filters empower users to manage asset information more dynamically, enabling faster and more informed asset transactions. Whether you’re responsible for financial reporting, procurement, or asset maintenance, these new capabilities help drive operational efficiency and accuracy across the asset lifecycle.

 

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How to Use Asset Attachments and Supplemental Data Filters in PeopleSoft FSCM PUM 52

 

STEP 1: 

Navigate to Menu –> Asset –> Management–> Asset Transaction –> Asset Attachment

Asset Lifecycle Management Features - PeopleSoft FSCM PUM 52 - Fig 1: Asset Attachments

Fig 1: Asset Attachments

 

STEP 2:

Enter the required data in the Asset search criteria and Acquisition Details and save the page.

Asset Lifecycle Management Features - PeopleSoft FSCM PUM 52 - Fig 2: Enrollement Event

Fig 2: Enrollement Event

 

STEP 3:

Added the Additional search criteria and saved the page for more information on asset transactions.

Asset Lifecycle Management Features - PeopleSoft FSCM PUM 52 - Fig 3: Eligibility Information

Fig 3: Eligibility Information

 

STEP 4:

Add the supplemental Data Filter options for sound card and hardware information, and save the page.

Asset Lifecycle Management Features - PeopleSoft FSCM PUM 52 - Fig 4: Beneficiaries

Fig 4: Beneficiaries

 

Key Benefits of Asset Lifecycle Management in PeopleSoft FSCM PUM Image 52

The enhanced Asset Lifecycle Management (ALM) features in PeopleSoft FSCM Update Image 52 deliver significant improvements in asset oversight, data-driven decision-making, and cost control. These updates are designed to help organizations maximize the value of their assets across the entire lifecycle—from acquisition to retirement.

1. Enhanced Asset Visibility and Tracking

With centralized tracking of all assets across departments and locations, organizations gain a real-time, unified view of their asset inventory. This visibility helps reduce redundancy, prevent asset misplacement, and improve audit readiness.

2. Optimized Asset Utilization and Cost Management

By analyzing performance metrics, depreciation trends, and maintenance history, businesses can make informed decisions about asset usage, replacement, or retirement. This leads to lower operational costs and improved return on investment (ROI).

3. Advanced Reporting with Dashboards and Pivot Grids

The update introduces enhanced dashboards and pivot grid functionality, enabling users to generate insightful reports on asset health, financials, and location-based distribution. These tools support faster decision-making and strategic planning.

4. Streamlined Asset Creation from Procurement or Projects

Users can now directly create assets from purchase orders (PO), receipts, or project costs, eliminating redundant data entry and improving process efficiency. This integration bridges asset management with procurement and project modules in FSCM.

 

Bottom Line:

The latest features in PeopleSoft FSCM Image 52 are designed to enhance how organizations track, manage, and analyze their assets. From improved data filtering to seamless attachment handling, these updates support smarter asset decisions and increased transparency.

 

Looking to implement or upgrade to PeopleSoft FSCM Image 52?

 

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Connect with Kovaion, your trusted Oracle Partner, to explore how these enhancements can streamline your asset management processes and elevate enterprise performance.

Contact us today to schedule a personalized demo or consultation!

 

Author: Aswini S, Oracle PeopleSoft – Junior Associate

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