Fast Formulas, often associated with Oracle's PeopleSoft and other enterprise resource planning (ERP) systems, are a scripting language used to define and execute calculations, validations, and other business rules within the system. They allow organizations to customize the behavior of their ERP software without requiring extensive programming knowledge. Fast Formulas are commonly used for tasks like calculating payroll, determining benefits eligibility, and enforcing data validation rules. They provide a flexible way to adapt the ERP system to specific business needs.
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