What is a Strategic KPI Report?

Strategic KPI reports are considered executive dashboards and are often used by leadership teams to quickly determine how the organization is performing in key areas. Some of the key functionality in this type of dashboard report is that it provides the metrics in a professional and easy to read layout. It also displays top KPIs graphically in the charts at the bottom. Exceptions that breach target thresholds are highlighted with red or green background. The far right columns display KPI targets for the coming four years. You find an example of this type of dashboard report below.

Purpose of Strategic KPI Reports

Companies and organizations use Strategic KPI Reports to make it easy for their management teams to monitor the company’s most important performance indicators. When used as part of good business practices in a Financial Planning & Analysis (FP&A) Department, a company can improve its control and ensure that leadership teams prioritize the things that matter the most as well as reduce the chances that performance in strategic areas doesn’t get timely attention.

Strategic KPI Report Example

Here is an example of a Strategic KPI Report with metrics, multi-year targets and charts.

Strategic KPI Report Example

Strategic KPI Report Example

You can find hundreds of additional examples here

Who Uses This Type of Dashboard report?

The typical users of this type of dashboard report are: Boards and Executives.

Other Dashboard reports Often Used in Conjunction with Strategic KPI Reports

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Strategic KPI Reports, along with financial reports, operational reports, dashboards and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples