Strategic acquisition: KPIs and leading practices for external reporting
While undergoing a strategic acquisition, there’s a lot to get in order. And when it comes to external reporting, here are the goals we think are most important for your organization amidst this strategic change, meaningful KPIs to track progress, and leading practices to follow.
Goals for your reporting
- Work towards unified metrics and KPIs: Merge the key performance indicators used by both organizations to ensure that reports provide a consistent and comprehensive view of performance.
- Enhance disclosure controls: Better manage and control the information that needs to be disclosed, ensuring compliance with regulations.
Meaningful KPIs to track
- Report generation time: The duration to compile, analyze, and generate management reports post-integration versus pre-integration benchmarks.
- Accuracy of reports: The reliability and accuracy of data and insights presented in the reports, ensuring stakeholders base decisions on correct information.
- Cost of report generation: The total cost (including software, labor, and other overheads) associated with producing internal management reports.
- Regulatory compliance rate: The percentage of external reports that adhere to applicable regulatory and industry standards.
- Automated data integration percentage: Extent to which data inputs for external reports are sourced and integrated automatically.
Leading practices
- Engage external auditors early to review and provide feedback on any draft reports, especially given the complexity of integration.
- Keep external stakeholders, such as investors and analysts, informed about the integration’s impact on external reporting.
Read the considerations, KPIs, and leading practices for risk and controls.