Formulas are the used everywhere in OLFM. Formula is a mathematical expression made of operands. The operands can be derived from PL/SQL function, they can be constant or they can be derived from another formula.In OLFM, defining formula is a tedious process.
You have to first define functions, then define operands and associate them with functions and then define formula and associate these operands.
Defining one formula may take anywhere between 10 to 20 minutes. When we have many formulas to define (an average implementation may have 100 formulas), it could take lot of precious time for functional consultant.
We have made the formula definition easy using web ADI template. You can put your formulas, labels, operands and functions in an excel sheet and create formulas in OLFM with a click.
All validations are performed on the excel sheet itself and we use Oracle’s public API to create formulas. This is a great productivity tool which can be used by an OLFM implementation to save time and efforts.
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