NIWOT, Colo., June 7, 2016 /PRNewswire/ -- Denovo Ventures, LLC, a Platinum-level member of Oracle PartnerNetwork (OPN), today announced that it has achieved Oracle Validated Integration of the Quick Calculator with Oracle's JD Edwards EnterpriseOne 9.2. Denovo is a cloud solution innovator and a trusted advisor to companies preparing for growth. Denovo's services portfolio manages the unique business demands of implementing and sustaining Oracle's enterprise resource management (ERP) ecosystems.
To achieve Oracle Validated Integration, Oracle partners are required to meet a stringent set of requirements that are based on the needs and priorities of the customers. Denovo Quick Calculator is a patent-pending JD Edwards EnterpriseOne software enhancement that enables power users to perform and solve complex or KOOKY calculations. Reusable scripting formulas and codes automate business processes without custom modifications or reliance on spreadsheet calculations.
"The Quick Calculator for real estate customers helps eliminate reliance on spreadsheets or costly custom modifications to automate tenant expense participation calculations for recurring billing, sales overage/percentage rent, annual consumer price index escalations, ratio utility billing, and more," said Donnie Law, Sr. Director of Software Engineering, Denovo. "Power users can now build grid-like mini apps inside Oracle's JD Edwards and set up, test, share, and maintain formula-based spreadsheet-like calculations without the help of IT to enhance their business processes."
"Achieving Oracle Validated Integration gives our customers confidence that the integration between Denovo's Quick Calculator and Oracle's JD Edwards EnterpriseOne is functionally sound and performs as tested," said David Hicks, Vice President, Worldwide ISV and OEM Business Development, Oracle. "For solutions deployed on-premise, in the cloud, or both, Oracle Validated Integration applies a rigorous technical review and test process that helps to reduce deployment risk and improves the user experience of the partner's integrated offering."
The Quick Calculator was built using the JD Edwards Toolset and uses standard JD Edwards EnterpriseOne security and development standards. It works in all JD Edwards EnterpriseOne modules, requires no custom modifications, uses its own Oracle-assigned system code (Q60) to make safe upgrades, reduces or eliminates reliance on spreadsheets for calculations, can be used to automate unique customer or industry required business processes, and provides a single data source for one version of the truth.
Established in 2003, Denovo Ventures, LLC, is a cloud solution innovator and a trusted advisor to companies preparing for growth. Denovo's services portfolio manages the unique business demands of implementing and sustaining Oracle's enterprise resource management (ERP) ecosystems. As the first Oracle Platinum Partner to successfully implement JD Edwards EnterpriseOne in the cloud, Denovo has developed a new vision for accelerating and simplifying the complex cloud implementations of Oracle's ERP applications, providing a variety of choices that meet the investment objectives of growing mid-market companies. The company is headquartered in Niwot, CO, in the Denver-Boulder technology corridor and serves over 1,000 customers worldwide. Visit www.denovo-us.com for more information.
About Oracle Validated Integration
Oracle Validated Integration, available through the Oracle PartnerNetwork (OPN), gives customers confidence that the integration of complementary partner software products with Oracle Applications and specific Oracle Fusion Middleware solutions has been validated, and the products work together as designed. This can help customers reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review partner integrations. Partners who have successfully completed the program are authorized to use the "Oracle Validated Integration" logo. For more information, please visit Oracle.com at http://www.oracle.com/us/partnerships/solutions/index.html.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell, and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base, and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise, and proven success. To find out more, visit http://www.oracle.com/partners.
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SOURCE Denovo Ventures, LLC