Press & Newsroom

Quality Innovative Systems, Inc. Announces the Implementation of Oracle JD Edwards Real Estate Module Software Enhancements at Boston Properties

QIS Flexible Calculation Module Utilized to Maintain Complex Billing Calculation Rules

(Paragould, Arkansas – Monday, April 11, 2011) – Quality Innovative Systems, Inc. (QIS), a Gold member of the Oracle^® PartnerNetwork and an experienced customer care and billing software provider for Oracle’s JD Edwards EnterpriseOne customers, announced today they will be implementing the QI Flexible Calculation Module (QI FCM™) at Boston Properties, Inc., a real estate development and property management company located in Boston, Massachusetts.

“The Flexible Calculation Module (QI FCM) is a strategic component of our Property Management Plus enhancement (QI PMP™) and is designed to help companies like Boston Properties with the set-up and maintenance of complicated billing requirements or rules”, said Donnie Law, President of QIS.  “The FCM is an EnterpriseOne system-wide enhancement that gives customers across all industries the ability to account for all formula calculation requirements.  Our customers are finding uses for the FCM in finance, distribution, manufacturing, inventory, HR/Payroll, and IT. ” 

According to Mr. Law, most EnterpriseOne customers face the challenge of maintaining billing rules, with some billing rules being very complex requiring variables from multiple data sources.  Real estate companies like Boston Properties have tenants leasing properties where no two leases are alike.  A lease requires a tenant to pay rent, and in some cases a prorated share of overall common property expenses.  However, leases differ from tenant to tenant because of the type of property, type of tenant, location or region, property owner, expense participation, term of the lease, and more.

“QI Systems’ Flexible Calculation Module (QI FCM™) has enabled us to simplify the setup and maintenance of complex billing rules. What used to be maintained outside of the system is now maintained inside EnterpriseOne with QI FCM”, says Brian Lord, Manager of Corporate Systems for Boston Properties, Inc.  “We now have a flexible, centralized data entry system that gives us the ability to accommodate any formula calculation scenario.  Other immediate expected benefits from using the QI FCM include a 40% reduction in person hours to process all of our billing rules and improved reporting capabilities.”

QI FCM™ is a powerful Microsoft® Excel like scripting language tool that allows users to calculate any and all formulas related to billing rules using IF, THEN, or ELSE statements, without having to get time constrained IT resources involved or having to program hard code inside EnterpriseOne.  If a user knows Excel they can easily make valuable use of the QI FCM.

In a partnership with Boston Properties QIS is developing a new Investment Portfolio Management enhancement for the EnterpriseOne Real Estate Module.  One of the main features will include the set-up and maintenance of Amortization Schedules inside EnterpriseOne.  

“I am excited about our partnership with QI Systems, Inc. and the potential for their Flexible Calculation Module (QI FCM™) to dynamically generate amortization schedules that pass through as vouchers in our accounts payable system”, says Dave Pigott, Vice President of Application Development for Boston Properties, Inc.  “Currently these schedules are maintained off-line and journal entries are required to properly allocate principal and interest.  I believe the enhancements we are creating with QI Systems will also benefit JD Edwards EnterpriseOne customers in other industries.”

What makes the QI PMP different from its competition is that it is uniquely built with the Flexible Calculation Module (QI FCM™), a trademarked and patent pending technology developed by QIS.  QI FCM allows an Oracle JD Edwards EnterpriseOne customer to leverage their existing core modules and turns their investment into a more robust and comprehensive billing and calculation system.

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Quality Innovative Systems, Inc. Announces New Business Partnerships with Two Leading Oracle JD Edwards Experts and an International Utilities Software Selection Consultant

Partnerships with Split Rock, AITO and SoftServe Expands QIS's Ability to Provide EnterpriseOne Software Solutions and Consulting Services to International JD Edwards Customers

        

(Paragould, Arkansas – Thursday, March 14, 2011) – Quality Innovative Systems, Inc. (QIS), a Gold member of the Oracle^® PartnerNetwork and an experienced customer care and billing software provider for Oracle’s JD Edwards EnterpriseOne customers, announced today they have reached partnership agreements with three prominent international Oracle JD Edwards partners to resell QIS utility and real estate software solutions and expand their long time JD Edwards core consulting services.

New partners include United Kingdom and Sun Prairie, Wisconsin's Split Rock Consulting who provide Customer Information Systems (CIS) and Billing Systems implementation and upgrades consulting services to public and private utilities and utility supplier community - Located in Ontario Canada, AITO Solutions Limited is one of the only firms in Canada that has completed full implementations of JD Edwards, Oracle DB, and Oracle Fusion Middleware, including BPEL, for JD Edwards utility and real estate customers - and Toronto Canada's SoftServe Development, Inc., a software consulting company that specializes in serving the JD Edwards Real Estate community.

"We are excited to bring these new partners into the QIS family", said Donnie Law, President of QI Systems, Inc.  "Just the fact that these industry leading Oracle partners elected to distribute QIS products and services validates the value our software solutions and consulting services bring to JD Edwards customers in the utility and real estate industries."

Split Rock Consulting will be utilizing QIS's JD Edwards consulting and utility industry expertise to help complete several JD Edwards implementation and migration projects with utility customers.  AITO will resell and implement QIS UBSReady™, a JD Edwards EnterpriseOne utility customer care and billing solutions to public and private utility customers located in Canada.  SoftServe will resell QIS Property Management Plus (QIS PMP™) to JD Edwards real estate customers located in Canada.  All three partners will also have the rights to resell QIS's Formula Calculation Module (QIS FCM™) to EnterpriseOne customers across all industries who use core enterprise Financial, Manufacturing, Distribution, and Inventory modules.

What makes QIS's software solutions different from its competition is that it is uniquely built with the Flexible Calculation Module™ (QIS FCM™), a trademarked and patent pending technology developed by QI Systems.  QIS FCM allows JD Edwards EnterpriseOne customers to leverage their existing core modules and turns their EnterpriseOne investment into a robust and comprehensive billing system by simplifying complex formula calculations and eliminating program hard coding requirements inside JD Edwards.

QIS has over sixty years of combined experience with JD Edwards World and JD Edwards EnterpriseOne sales, consulting, implementations, project management, migrations, training, and support.  They also develop enterprise-level software designed to meet the current and future needs of Oracle JD Edwards EnterpriseOne utility and real estate property management customers.  These solutions help customers to improve their complex formula calculation ability, customer service and billing processes & procedures, overall green-friendly customer bill & payment delivery systems, and management key performance indicator (KPIs) reporting methods. 

Trademarks - QI, QIS, QI Systems, UBSReady, OI PMP and RUBS, Flexible Calculation Module, and QIS FCM  are trademarks of Quality Innovative Systems, Inc.  Oracle, JD Edwards, EnterpriseOne and Java are registered trademarks of Oracle and/or its affiliates.  Split Rock Consulting, AITO and SoftServe are trademarks of each respective company.

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Quality Innovative Systems, Inc. Announces Release of New System-Wide Formula Calculation Module for Oracle JD Edwards EnterpriseOne at Quest Collaborate 2011

Patent Pending Formula Calculation Module (QI FCM™) Helps JD Edwards EnterpriseOne Customers with Complex Calculations

(Paragould, Arkansas – Tuesday, February 22, 2011) – Quality Innovative Systems, Inc. (QIS), a Gold member of the Oracle^® PartnerNetwork and an experienced customer care and billing software provider for Oracle’s JD Edwards EnterpriseOne customers, announced today they will release their new Formula Calculation Module (QI FCM™) at Collaborate 2011 - booth 309, Quest International’s annual user group meeting, on April 10-14, 2011 in Orlando, Florida at the Orange County Convention Center West.

QI FCM™ is a powerful Microsoft® Excel like scripting language tool that allows power users to calculate any and all formulas related to their business.  The QI FCM is so easy to use and helps users set-up and maintain complex formulas by using IF, THEN, or ELSE statements without having to get time constrained IT resources involved.  This comprehensive tool accesses information from any data source and its use is applicable across all functional areas from finance, human resources and payroll, distribution, inventory, manufacturing, IT, and more.

“Our system-wide Flexible Calculation Module (QI FCM™) is designed to help EnterpriseOne customers simplify calculations that are difficult to do with standard JD Edwards’ functionality and it eliminates calculations completed by third party software”, said Donnie Law, President of QIS.  “QI FCM is the core calculation engine we’ve used in our real estate and utility billing software enhancements, but it also opens up all of EnterpriseOne for use of Excel like formula-based calculations.”

QI FCM  areas of use are unlimited, but early customers have found the module to support 1) Finance - in Fee & Interest Calculations, Reporting totals and sub totals on Balance Sheet, Income Statements, Cash Flow reports, and running financial “What-If” scenarios, 2) Inventory - Product Cost Analysis, 3) Manufacturing (Shop Floor Control) - Performance Analysis and Variance Reporting, 4) Distribution - Sales Performance Analysis, Vendor Performance Analysis, Complex Pricing, and Complex Freight Charges.

“Think of QI FCM as a powerful scientific mathematical calculator that can be used throughout EnterpriseOne in almost all situations where formula calculations are needed.  It’s so easy and simple to use that power users can create, set-up, modify, and manage all system-wide formulas without having to get IT involved to hard code programs inside JD Edwards.”, says Albert Bond, QIS Vice President of Client Services.

Recently, one QI FCM EnterpriseOne customer was able to reduce the number of formulas used to calculate late fees on delinquent customers from over 184 to four.  Former manual approval and input spreadsheet business process requirements were also eliminated reducing total process time from four days to only a few hours.

What makes QIS software billing enhancements different from its competition is that it is uniquely built with the Flexible Calculation Module (QI FCM™), a trademarked and patent pending technology developed by QIS.  QI FCM allows an Oracle JD Edwards EnterpriseOne customer to leverage their existing core modules and turns their EnterpriseOne investment into a more robust and comprehensive billing solution. 

QI FCM demonstrations are available at QIS’s Booth #309 during Collaborate 2011 exhibit hall hours.  Boston Properties, Inc. will be available to answer questions about their use of the QI FCM and the benefits experienced to date.

QIS, QI Systems, QI CCC, OI FCM and Flexible Calculation Module are trademarks of Quality Innovative Systems, Inc.  Oracle, World, JD Edwards, and EnterpriseOne are registered trademarks of Oracle and/or its affiliates. Microsoft Excel is a registered trademark of Microsoft Corporation. Quest and Collaborate are trademarks of Quest International User Group.

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Quality Innovative Systems, Inc. Announces New Productivity Billing Enhancements to Oracle’s JD Edwards EnterpriseOne Real Estate Module

QI PM+™ Helps Property Managers Better Handle Tenant Requirements for Comprehensive Lease, CAM, Finance Charges, and other Unit Services Billing Activities - including Ratio Utility Billing (RUBS) - through QIS Power Forms and Wizards

(Paragould, Arkansas – Tuesday, September 16, 2010) – QI Systems, Inc. (QI Systems®), a Gold member of the Oracle^® PartnerNetwork and an experienced customer service and billing software provider for Oracle’s JD Edwards EnterpriseOne customers, announced today they will be releasing a new comprehensive productivity and billing enhancement for the Real Estate Module at Oracle’s OpenWorld 2010 Technology Conference in San Francisco, CA on September 19^th to 23^rd, 2010 at the Intercontinental Hotel Level 3 – JD Edwards Pavilion.

“QI PM+ will provide Property Managers with the capability of tracking all expenses associated with a property and then accurately bill tenants or residents for their appropriate share of costs.”, said Donnie Law, President of QI Systems, Inc.  “Our Ratio Utility Billing (RUBS) component will also allow managers to bill for utilities on properties that are not separately metered.  This means users of the Real Estate Module now do not need to utilize third party applications to accomplish is important business process.  QI PM+ recaptures total building and unit costs, improves overall tenant/resident satisfaction, and drives utility and other service costs to their bottom line profits.”

What makes the QI PM+™ different from its competition is that it is uniquely built with the Flexible Calculation Module™ (QI FCM™), a trademarked and patent pending technology developed by QI Systems.  QI FCM allows a JD Edwards EnterpriseOne customer to leverage their existing core modules and turns their EnterpriseOne investment into a robust and comprehensive billing system by simplifying complex formula calculations and eliminating program hard coding requirements inside JD Edwards.

QI Systems has over sixty years of combined experience with JD Edwards World and JD Edwards EnterpriseOne sales, consulting, implementations, and migrations.  They also develop enterprise-level software designed to meet the current and future needs of Oracle JD Edwards EnterpriseOne utility and real estate property management customers.  These solutions help customers to improve their customer service and billing processes & procedures, overall green-friendly customer bill & payment delivery systems, and management key performance indicator (KPIs) reporting methods. 

Trademarks - QI, QI Systems, OI PM+ and RUBS, Flexible Calculation Module, and QI FCM  are trademarks of QI Systems, Inc.  Oracle and Java are registered trademarks of Oracle and/or its affiliates.

Quality Innovative Systems, Inc. Announces Release of New Utility Customer Care, CIS and Billing Software 

Patent Pending Technology and QI UBSReady™ Software to be unveiled at CS Week

QI Systems has over sixty years of combined experience with JD Edwards World and JD Edwards EnterpriseOne sales, consulting, implementations and migrations.  They also develop enterprise-level software and will release at CS Week a new breakthrough system called QI UBSReady™, meaning QI Systems will “Utility Billing System Ready your JD Edwards EnterpriseOne”.  The system is designed to meet the current and future needs of JD Edwards EnterpriseOne utility customers who are seeking to improve their customer service and billing processes, procedures, SMART Metering, and overall green friendly key performance indicators (KPIs) reporting. QI Systems offers solutions for Oracle utility customers already using JD Edwards EnterpriseOne, JD Edwards World customers looking to migrate to it, or other small to mid-size municipal utilities considering the purchase of JD Edwards EnterpriseOne as their core enterprise system.

“We are pleased to announce the release of QI UBSReady™ at CS Week” on May 25^th in Nashville”, says Donnie Law, President of QI Systems, Inc.  “Our Company’s management team and staff are all JD Edwards loyalist – all the way back to the beginning days of the company and their development of utility-based systems.  As an independent contractor I worked on the team that designed the systems and helped to implement most of their original utility customers.”  He also adds, “That is why we designed our system with the JD Edwards EnterpriseOne customer in mind.  If you are running on JD Edwards EnterpriseOne, then you can literally plug in our QI UBSReady and be up and running in less than 90 days.  Our experience, expertise, and software design allows for accurate and fast implementation, and that puts us way ahead of our existing competitors.”

What makes the QI UBSReady System different from its competition is that it is uniquely built with the QI Flexible Calculation Module™ (Qi FCM™), a trademarked and patent pending technology developed by QI Systems.  QI FCM allows a JD Edwards EnterpriseOne customer to leverage their existing core modules and turns their JD Edwards EnterpriseOne investment into a Utility Billing System.  QI UBSReady contains a group of rich feature and function elements - such as Smart Metering and interfaces to Google™ Earth, Maps and their PowerMeter™ software - that are usually found only in more complex and more expensive alternatives. 

For demonstrations of QI UBSReady visit QI Systems during CS Week in booth #125 or call Donnie Law at 1-866-264-9157 to schedule a private demonstration.  For more information about QI Systems visit their website at www.qisystems.net.

Trademarks
CS Week is a trademark of CS Week. Google Earth, Maps and PowerMeter are trademarks of Google Inc.  QI, QI Systems, Flexible Calculation Module, FCM, and UBSReady are trademarks of QI Systems, Inc.  Oracle and Java are registered trademarks of Oracle and/or its affiliates.