An frd defines the specific functions and features that the. Documenting the functional requirements provides several important benefits to the organisation and to the process of developing a solution. An frd or functional requirements document serves as a contract for formal statement, between the business stakeholders and the technology team, on an application’s functional requirements. It allows you to apply a ratings system to your requirements, so you have the visibility (into the value, status, and description of each requirement) that’s. To help you upsurge towards your business goals, we suggest you to try using a business requirements document.