According to the internet, a functional requirements document, abbreviated as frd, is a formal statement of an. To help you upsurge towards your business goals, we suggest you to try using a business requirements document. Documenting the functional requirements provides several important benefits to the organisation and to the process of developing a solution. We’ll delve into the essential components, explore best. 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.