Decintell Falco My KRA Dashboards
Decintell Falco Knowledge Platform is a complete enterprise suite consisting an array of modules to cover enterprise wide transactions and workflows. The platform comes with its own Admin Centre. Admin can create roles, create users, assign roles and access rights. Configure alerts, emails etc. Admin can also monitor users' login sessions in real time and can force logout or suspend a user. Admin Centre is a very powerful tool to grant user level access to ensure information integrity. Apart from Admin Centre, Falco combines a set of standard modules and customised modules to handle complicated workflows within an Enterprise. (for more about Admin Centre click Decintell Falco Admin Centre)
The standard modules are My KRA (Business Intelligence Dashboards), DOIT (IoT module to monitor equipment performance), WAC (weighment calibration app). The customised workflows are SWAS (an aftermarket suite), CPC (Constraint based Capacity Planning and Control), ECM (Engineering Change Management), CEM (Customer Engagement Management), TPM (Total Preventive Maintenance), NPD (New Product Development) and many more. (more on Decintell Falco Knowledge Platform click Digitise with Decintell Falco Knowledge Platform).
For the scope of this blog we will discuss My KRA module in detail. Many mid size organisations today, have some ERP system or the other. ERP system is one of the most essential components of digitisation. ERP ensures basic hygiene in "Customer Order to Payment" flow, as well as "Purchase Order to Vendor Payment" flow. ERP also brings good controls over material planning and inventory.
Any ERP does have basic reports such as Inventory, P&L, Creditors, Debtors, Trial Balance etc. Beyond these basic reports, ERPs do not generate many other critical reports. ERP reports are not easily accessible by all. The report formats are very technical and complicated. Which makes them hard to decipher. ERPs do not have budgets and there is no comparative analysis of performance against budgets.
Any decision making process essentially involves processed, analysed, accurate and realtime data.
My KRA gets connected to ERP system thru smart ETL and fetches relevant data to Falco Cloud Platform. The data is analysed and presented realtime on intuitive dashboards, giving instant visibility of enterprise wide performance to the decision makers. These reports cover performance measurement against budgets for all Key Performance Indices (KPIs) such as Finance, Sales, Supply Chain, Quality and Engineering.
My KRA dashboards present easy to understand comprehensive reports. All these reports are tailor-made and preconfigured specific to each organisation. There is no need to invest in IT expertise to configure reports, they come pre-made. Data confidentiality and integrity is maintained, by controlling access thru role management.
My KRA brings all important reports just click away. No more waiting time for someone in the organisation to download data from ERP, work on it for days and then convert them into excel reports or powerpoint charts. By the time required report is presented, precious time is already lost. Besides manual intervention gives scope for errors and often the data is disputed by all stakeholders, making the reports irrelevant. Thus the entire management time invested in creating these reports is completely wasted. Delayed data can create decision paralysis.
My KRA extends ERP
(some examples of dashboards)
KRA Sales > KPI Revenue
"Budgets and Masters (B&M)" is a sub-module of My KRA. B&M stores multiple revisions of Sales and Finance budgets, for current year and next year. My KRA always refers to the latest revision. My KRA dashboards compares the actual performance against budgets. The next year budgets are automatically switched as current year budgets at the start of a new Financial Year. (Admin Centre allows setting financial year and automatically switches to next FY on a user defined date.). Decintell Falco Admin Centre
, based on the limits set by the CEO. 
Decintell Falco My KRA and BI Platforms
There are a number of BI platforms available off the shelf. Most of them are self service platforms. But this is precisely the problem. How many mid-size organisations have in-house IT resources as well as ability to invest substantial managerial bandwidth to adopt these platforms. No doubt these platforms are very powerful in data visualisation and have thousands of visualisation types. However, more often than not the user organisations are hardly in position to decide which of these thousands of visualisations will suite their needs. At least within manufacturing vertical not more than 10 to 15 visualisation types suffice to cover all important KPIs. What then is the use of these thousands of graphical presentations and self service features, to an industry which can hardly put it to use. Many of these platforms have complicated licensing policies and at times costly too. Most of the BI platforms publish the reports configured and users can access it using URL. These URLs lack security features in basic subscription versions. Easy to get unauthorised access. For any user level security features, the license fees sky rocket disproportionately. Ultimate objective is to consume relevant data and arrive at decisions and not get bogged down by the tedious adoption exercise. Whereas My KRA dashboards are pre-configured. Leveraging our domain expertise in manufacturing, we understand user needs and then design dashboards to suite them.
Decintell Falco Knowledge Platform addresses specifically these gaps. Using deep domain knowledge, we map your existing flows outside of existing ERP, reengineer them and then digitise. These workflows form independent modules which are integrated to Falco platform to create seamless digitised enterprise. With Falco Knowledge Platform we seek to provide enterprise solution for the entire white space left out in ERP. Become single sign on solution platform.
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