EasyFormula is a development component to create dynamic formula. By using EasyFormula, your application can allow end user to create their own formula, so they can decide on how to process and present data instead of hardcoded by programmer. For example, in a billing system, your user can construct a formula for client name to decide if the user name should be printed as "David Williams" or "Williams, David".
EasyFormula can give you following 2 benefits:

Flexibility

EasyFormula give your application flexibility to meet variant requirements from different users. Users always have different requirements on how to calculate data, how to present their data in reports, etc. i.e. If you are developing a payroll system, as your client, each company may have their own formula to calculate commission for salesman. By using EasyFormula to let your user create a dynamic formula by themselves, you don't have to make customization to meet the specific requirement from individual client.

Better application architecture

Your application probably has adopted beautiful multi-tier architecture to separate presentation layer, business logic layer, and data layer. But in some complex business environment, there are too many and too complex calculations at business layer itself. Its worth to think separate these calculations from hardcoded source code. EasyFormula can help to make your business calculation more organized and easy to maintain, and you can also change your calculation logic right the way without having to rebuild the system again.
EasyFormula also make a lot of easy for your developer to communicate with business analyst, as the business analyst can read the formula in plain text format by themselves, they don't have to go through source code to figure out you calculation logic.

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