The legacy ERP system that Labcorp is moving away from.
What is PeopleSoft?
This acronym stands for the system that manages day-to-day business activities like accounting and procurement.
What is ERP (Enterprise Resource Planning)?
Project One will replace manual, spreadsheet-based processes with this type of automated workflow.
What are cloud-based (or system-driven) workflows?
In PeopleSoft, users needed separate logins for different modules. Oracle provides this type of unified experience.
What is a single sign-on (or unified interface)?
The acronym for the discipline that helps Labcorp employees prepare for and adapt to new systems.
What is OCM (Organizational Change Management)?
The go-live date for the Oracle Fusion Cloud launch at Labcorp.
What is February 1, 2027?
This acronym stands for the Oracle component that inclues planning, budgeting, forecasting, and financial consolidation.
What is EPM (Enterprise Performance Management)?
The inventory management system that will continue to work alongside Oracle Fusion Cloud.
What is LabSCORE?
True or False: Oracle Fusion Cloud is an on-premise system.
What is False? (it's cloud-based/SaaS)
This testing phase (currently underway) validates end-to-end system functionality and data flow.
What is SIT (System Integration Testing)?
The internal site where employees can find Project One updates, resources, and FAQs.
What is the Engagement Hub?
This ERP module lets branch users create a requisition and view its status.
What is Self Service Procure?
In Oracle, "Operating Unit" from PeopleSoft is now mapped to this term that represents a Lab Site.
What is an Inventory Organization?
The type of analytics Oracle provides that PeopleSoft's legacy system lacked - no more waiting for batch reports.
What are real-time analytics (and automatic updates)?
The upcoming testing phase where actual users confirm the system is ready for day-to-day operations.
What is UAT (User Acceptance Testing)?
The overarching goal of Project One is to move Labcorp from "Disparate & Outdated" to this.
What is Unified & Streamlined?
This ERP module provides segregation-of-duties monitoring and prevents unauthorized access to financial transactions.
What are Advanced Access Controls?
In PeopleSoft, each lab site maintained its own supplier list. In Oracle, supplier records are managed this way.
What is centrally (a single, enterprise-wide supplier source of truth)?
The PAR File "Optimal Quantity" in Oracle is calculated based on this many days of supply use.
What is 13 days?
This final testing phase (scheduled for October/November) is the last checkpoint before go-live to confirm business readiness.
What is PVT (Business Process Validation Testing)?
The key lesson from Phase 1 that highlighted the need to prepare employees well before Day 1, not just ensure system readiness.
What are new ways of working?
Daily Double: Name at least 4 of the 14+ ERP modules being implemented at Labcorp.
What are General Ledger, Fixed Assets, Lease Accounting, Payables, Expenses, Cash Management, Advanced Access Controls, Procurement, Supplier Qualification, Inventory Costing, Non-commercial Projects, Tax, Self Service Procure, Product Info Management? (any 4)
Oracle introduces "Notifications" in the worklist, replacing PeopleSoft's reliance on this communication method to alert approvers of pending actions.
What is email (or manual follow-up)?
In PeopleSoft, chart of accounts segments were rigid and hard to change. Oracle's flexible structure uses this many-segment approach for financial coding.
What is a multi-segment (or flexible chart of accounts) structure?
The training approach that ensures employees learn Oracle processes specific to their job before go-live.
What is role-based training?