Princeton Softech's Updates Oracle Archiving Software

There are a number of key enhancements to version 2.1 of the software, which increases archiving support for Oracle's Human Resources Payroll and Project Costing and Billing applications, said Jim Lee, vice president of product management for the Princeton, N.J.-based software developer. The software also delivers pre-defined archiving rules.

The update adds new modules for Human Resources Payroll and Project Costing and Billing applications, which join existing modules for general ledgers, accounts payable, accounts receivable and billing, as well as those for supply-change management including ordering, inventory and work-in-process, Lee said.

Additionally, the release allows customers to apply ILM to relational data. For example, Lee said customers can archive their payroll information and store it in a large database or on a WORM (write once, read many) device. "So now if they have a seven-year retention policy, they can keep the data on-line for two years, move to nearline storage for one year, and then deep-store it for four years, all while maintaining access to the data," he said.

Also new is an enhanced verification engine, aimed at the challenge many users face in keeping track of patches to applications, Lee said. "Our verification engine looks at the level of application patches available so customers know they are not out of sync with patches or modules," he said. "They comfortably know they can access the data later."

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The new version also supports Oracle's Multiple Reporting Currencies application for companies that manage archived data globally, with enhancements to let businesses manage currency conversions when viewing archived data, company executives said.

Security of the archived data, which Lee said can be sometimes difficult to handle, is controlled by someone who knows compliance rules, such as a chief security officer.

"The software lets that person decide who has access to what data, depending on where it is in the (data) lifecycle," he said.