HI,
SAP supports the entire business organisation (any module that are helpfull for successfull business running, from last 4yrs SAP also supports web related business transactions, message flows between client and vendor any thing a customer wanted, just name it SAP has it), but whereas peoplesoft can support couple of modules and has its limitations.
In simple you can compare Oracle(SAP) and MS-access(People soft), both are good for DB management but Access has its limitations and Oracle is much more broader.
Hope this helps.....
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