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PeopleSoft updates business software

PeopleSoft plans to release a new version of its corporate purchasing applications in December that includes new tools for managing the purchase of business services such as legal advice and advertising.

The 8.8 release of the PeopleSoft Supplier Relationship Management applications is designed to help businesses keep better track of how well service companies they partner with meet terms and conditions of their contracts, including project milestones and special rates, PeopleSoft said. The product also includes new tools for purchasing business supplies and collecting bids from suppliers online.