What should a monthly management report include?
Published · By Kiva Analytics
A monthly management report should show performance against targets, explain material changes and identify issues requiring action. The right content depends on the business and the decisions management needs to make.
A useful starting structure
- Executive overview
- Revenue and profitability
- Costs and budget versus actual
- Cash flow and working capital
- Sales and customer performance
- Operational performance
- Risks, priorities and agreed actions
Explain changes, not just totals.
Show comparisons with the budget and relevant prior periods. Explain significant differences and separate confirmed causes from hypotheses that need investigation.
Keep calculations consistent.
Use documented KPI definitions and agreed data sources. A change in calculation method should be explained so readers do not mistake it for a change in business performance.
How Kiva can help
We build management reports around your business questions, validate the calculations and train your team to use the reporting.