Has a medium level of analysis
Posted: Thu Feb 13, 2025 3:22 am
So, how can organizations use the FAAR framework to implement D&A solutions? Based on the above four factors, insight can be consumed by the decision-makers using three main tools or mechanisms: dashboards, BI (business intelligence) reports, and transactional reports.
A dashboard offers a visual snapshot of business belgium whatsapp number data performance based on KPIs. Application of the FAAR Framework means that the purpose of the dashboard:
Is for executives and C-suite members
Has a low level of analysis
Is for monitoring business performance
Is based on KPIs
A BI report provides a consolidated view of business performance based on business categories or aggregates. Application of the FAAR framework means that the BI report:
Is for manager or mid-level management staff
Is for analyzes business performance
Is based on business categories or aggregates like manufacturing plants, chart of accounts, customer account groups, and more
An OLTP (Online Transactional Processing) report from systems such as ERP (enterprise resource planning), EMR (Electronic Medical Record), and so on provides the most detailed or granular view of business performance. Application of the FAAR framework means that the OLTP report is:
For analysts who need to gather and interpret the detailed level of data
For a low level of analysis at the line-item or activity level
For measuring performance at a detailed level
Based on granular data
The FAAR framework with the three key implementation or deployment options is shown below.
A dashboard offers a visual snapshot of business belgium whatsapp number data performance based on KPIs. Application of the FAAR Framework means that the purpose of the dashboard:
Is for executives and C-suite members
Has a low level of analysis
Is for monitoring business performance
Is based on KPIs
A BI report provides a consolidated view of business performance based on business categories or aggregates. Application of the FAAR framework means that the BI report:
Is for manager or mid-level management staff
Is for analyzes business performance
Is based on business categories or aggregates like manufacturing plants, chart of accounts, customer account groups, and more
An OLTP (Online Transactional Processing) report from systems such as ERP (enterprise resource planning), EMR (Electronic Medical Record), and so on provides the most detailed or granular view of business performance. Application of the FAAR framework means that the OLTP report is:
For analysts who need to gather and interpret the detailed level of data
For a low level of analysis at the line-item or activity level
For measuring performance at a detailed level
Based on granular data
The FAAR framework with the three key implementation or deployment options is shown below.