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If HR information in EBS is used only in purchasing then going forward, you need to maintain only a small amount of data in EBS.
You will have to keep people, positions, position assignments in sync.
If you use emp-supervisor hierarchy, then you need to keep the following in sync
If you use position based hierarchy, then you need to keep the following in sync
I assume that the approval groups and approval group assignment will remain in Oracle.
You may also have to keep employee locations, default expense a/c if you use that for requisitions.
If PSFT is going to maintain the financials , then you have a bigger task onhand.
Hope this helps,