Bangkok--14 Aug--PC & Associates Consulting Oracle announced the availability of Oracle’s Peoplesoft Enterprise Payroll for Thailand Release 8.9. This localized release provides a pre-configured payroll solution for Thai enterprises to easily comply with local regulations related to the payroll system. Oracle’s Peoplesoft Enterprise Payroll for Thailand Release 8.9 provides enhanced features that enable customers to complete the control over all aspects of their payroll operation. This includes new pages to track Thai payroll information such as Company Tax, Social Security and Provident Fund with employee tax allowances and deductions. Additionally, the Tax Reporting feature allows organizations in Thailand to capture, generate and maintain both employee and company identification and biographical data. This supports the reporting requirements of the Revenue Department and Auditing. Sean Loiselle, Senior Director, Human Capital Management (HCM) Applications, Oracle Asia Pacific said, “We are very proud to present the first localization of this payroll application for Thailand. Localization of this innovative application demonstrates Oracle’s commitment to meet local business requirements and enable full compliance with local regulations by different authorities. The Oracle team has put in significant effort to tailor Oracle’s Peoplesoft Enterprise Payroll Release 8.9 for customers in Thailand.” “The localized PeopleSoft product will provide a much richer environment to Thai customers,” Loiselle added. “Oracle is committed to supporting our customers in Thailand by offering more flexible tools for managing complex requirements and regulations, while at the same time delivering more cost-effective and streamlined services.” Surasan Tengtrirat, Managing Director South East Asia, Cromwell Business Resultancy Asia, said, “In the past, many customers who were very interested in using PeopleSoft Human Capital Management, deferred their purchasing decision because of the lack of a truly integrated payroll solution. This has now changed with the arrival of the new HCM suite and, in particular, the availability of a fully localized payroll for Thailand.” Tengtrirat added, “We are currently implementing this new HCM suite at two major clients and have found that it has greatly reduced implementation time and cost. This is ready to use and is user friendly for Thai customers. The solution has the ability to apply the complex calculation rules needed to comply with Thai regulations, such as multiple retroactive pay and grossing up facilities. Furthermore, it is easy to customize to meet specific requirements.”Product Availability PeopleSoft Enterprise Thailand Payroll Localization Release 8.9 is currently available for traditional deployment, and is also available on demand via Oracle On Demand. Thai customers can find training, documentation, and collateral on the Thailand Payroll Localization 8.9 Transfer of Information (TOI Center) page.About Oracle Oracle (NASDAQ: ORCL) is the world’s largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com.About Cromwell Business Resultancy AG Cromwell Business Resultancy AG was first formed in 1999, with its roots in such well-known international consulting companies as IBM. We are a highly specialised consulting company for Human Resource Management Systems (HRMS), Financials and Customer Relationship Management (CRM) applications that has been successful in securing a place among Europe’s market leaders within just a few years.Trademarks Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners. Media contact: Siriporn Suparuchatakarn Suchai Chelermtanasak Oracle Corporation (Thailand) Co., Ltd. PC & Associates Consulting Co., Ltd (0) 2696 8072 (0) 2971 3711 [email protected] [email protected]