Flexible Calculation Module (QI FCM™)                              Download Data Sheet

“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.  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." 

System-wide Patent Pending Flexible Calculation Module Helps JD Edwards EnterpriseOne Customers with Complex Calculations

QI FCM™ is an EnterpriseOne system-wide 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 Flexible Calculation Module is designed to help JD Edwards EnterpriseOne (E1) customers simplify calculations that are difficult to do with standard JD Edwards’ functionality and also enables calculations that are done by third party software to be done easily within the core functionality of Edwards”, said Donnie Law, President of QIS.  “It’s the core calculation engine we have used in our real estate and utility billing software enhancements, but it also opens up all of EnterpriseOne to use Excel like Formula based calculations.  With our FCM you don’t have to hard code calculations in programs.”

Eliminate Hard Coding

Power users can now create and manage their own formula calculations without IT having to hard code any programs inside EnterpriseOne.

Other Benefits Found by Customers Using QI FCM

QI FCM areas of use are unlimited, but early customers have found the module to support.

• Finance - Fee & Interest Calculations, Reporting totals and sub totals on Balance Sheet, Income Statements, Cash Flow reports, and running financial “What-If” scenarios,
  
• Inventory - Product Cost Analysis,
  
• Manufacturing (Shop Floor Control) - Performance Analysis and Variance Reporting,
  
• Distribution - Sales Performance Analysis, Vendor Performance Analysis, Complex Pricing, and Complex Freight Charges and
  
• HR/Payroll - Executive, Incentive, K-12 Education and other Compensation Calculations, and much more,
• IT - EnterpriseOne Development requiring formulas and other calculations
  

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