The article thoroughly examines the role and methodological foundations of forming a system of key performance indicators (KPIs) as an essential tool for optimizing managerial reporting within enterprises. It emphasizes that the integration of a well-designed KPI system significantly enhances the precision, transparency, and efficiency of management processes across all organizational levels. This is achieved through the establishment of timely control mechanisms and effective monitoring of both financial and non-financial aspects of operational activities. Such advancements empower decision-makers with actionable insights, enabling them to respond swiftly to emerging challenges and opportunities. The author substantiates that the implementation of a KPI system significantly enhances the accuracy, transparency, and efficiency of management processes at all levels, particularly through timely control and monitoring of financial and non-financial aspects of operations. Based on an analysis of recent scientific research, the relevance of improving managerial reporting in the context of digitalization and the development of information technologies is highlighted, as these contribute to broader coverage of management data and more effective decision-making. The article emphasizes the necessity of a multi-step process for selecting relevant KPIs, taking into account the specifics of the enterprise's activities, strategic objectives, and economic conditions. Criteria for KPI selection are proposed, including aspects such as relevance, data availability, measurability, and analytical value. The integration process of KPIs into the managerial reporting system is described, encompassing the identification of indicators for different management levels, report structuring, and adaptation of reports to user needs. It is noted that the adoption of information technologies ensures the automation of data collection and processing, improving the accuracy and speed of reporting. The study concludes that a KPI system facilitates the achievement of strategic enterprise goals, enhances economic resilience, and improves adaptability to changes in the market environment. Recommendations are provided for further improvement of managerial reporting systems by optimizing KPIs through the use of analytical platforms and artificial intelligence, unlocking new opportunities for management based on transparent economic analysis.
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