Commitments

The data model includes measures such as Outstanding ValueBase, ValueBase, Outstanding Value Transaction, and Value Transaction, reflecting the total financial commitments or obligations based on specific reference points. Views like Commitments, ActiveCommitments, HistoricCommitments, OpenCommitments, and FutureCommitments provide insights into ongoing, past, unresolved, and upcoming financial and non-financial obligations of the organization.

Benefits of This Data Model

• Improved Financial Analysis: The data model provides a clear insight into different financial commitments and obligations, enabling better analysis of the organization's financial health and performance.
• Enhanced Decision-Making: By having detailed measures and dimensions related to financial transactions and commitments, stakeholders can make more informed decisions.
• Efficient Resource Planning: With views like OpenCommitments and FutureCommitments, organizations can effectively plan and allocate resources for upcoming financial obligations.
• Historical Performance Evaluation: The inclusion of measures like Value Transaction and dimensions like Period allows for the evaluation of historical financial performance over time.
• Streamlined Reporting: The structured data model facilitates the creation of comprehensive reports on various aspects of financial commitments and transactions, improving reporting efficiency.

Key Performance Indicators (KPIs)

• Outstanding ValueBase: This measure represents the total amount of money committed or promised but not yet paid or transferred, based on a particular reference point or baseline.
• Value Base: This measure signifies the total amount of money committed, promised, or invested based on a specific reference point or baseline.
• Outstanding Value Transaction: This measure denotes the total value of financial commitments or obligations that are yet to be settled or completed in terms of transactions.
• Value Transaction: This measure indicates the total value of financial commitments or obligations that have been settled or completed in terms of transactions.

Available Visualizations

View Name	Description
Commitments	Insights on all financial and non-financial obligations made by the organization.
ActiveCommitments	Current financial commitments that are ongoing and not yet fulfilled.
HistoricCommitments	Past financial obligations that have been fulfilled or expired.
OpenCommitments	Unresolved financial or contractual commitments requiring further action.
FutureCommitments	Upcoming financial obligations that need to be budgeted and planned for.