A reporting package is the recurring bundle of financials and KPIs — plus management commentary — delivered to boards, LPs’ portfolio monitoring teams, and lenders under /glossary/reporting-covenants.

How it works

Typical contents: income statement, balance sheet, cash flow, burn and runway, headcount, revenue bridge, cohort or pipeline metrics, and variance vs budget. Stage dictates depth — seed may be slim; Series B+ adds ARR waterfall and departmental opex. Packages align with the /glossary/board-deck but often precede it as a raw data drop. Lenders require compliance certificates signed by CFO attesting accuracy.

Automation from QuickBooks, NetSuite, or billing systems reduces close time. Consistent chart of accounts year-over-year matters more than fancy design.

Why it matters

• Founders: Treat the package as a discipline product — same format, same date each month.
• Investors: Compare packages across portfolio companies; trends beat single-point hero metrics.
• Lenders: Missing or inconsistent packages trigger waiver requests and higher scrutiny on draws.

Common mistake

Sending screenshots instead of tie-out financials. Sophisticated recipients reconcile to the general ledger; gaps invite hard questions.

Related ideas

/glossary/reporting-covenants, /glossary/board-deck, monthly close, and investor updates.