Use case
Startup board reporting with Lucius
Definition
Startup board reporting is the recurring package of financial metrics and narrative a company prepares for its board — typically revenue, burn, runway, cash, P&L, and KPIs — to show performance and support decisions.
Map your current workflow
Tell us how this process runs today and we'll show how Lucius keeps contracts, cash, and the ledger connected.
The problem
- Board decks are assembled manually each quarter from spreadsheets, the accounting tool, and the bank — and numbers rarely tie out.
- Because books lag close, board metrics are weeks stale by the time they are presented.
- Investors ask follow-up questions that require drilling into source data the deck cannot reach.
How Lucius solves it
- Lucius generates board-ready metrics — revenue, burn, runway, cash, P&L — from the stateful ledger in real time.
- Every number traces to source contracts, invoices, and journal entries, so follow-up questions are answerable on the spot.
- Because state is maintained continuously, board reporting reflects live truth rather than a reconstructed quarter.
Workflow
- 1
Maintain state continuously
Contract-to-cash and reconciliation keep the ledger current between closes.
- 2
Derive board metrics
Revenue, burn, runway, cash, and P&L are computed from maintained state.
- 3
Trace to source
Each metric drills down to contracts, invoices, and journal entries.
- 4
Export the package
Reports export as PDF and CSV for the board deck and data room.
- 5
Answer follow-ups
Investor questions are answered against live data, not a stale snapshot.
Example data flow
| From | To | What happens |
|---|---|---|
| Stateful ledger | Board metrics | Revenue, burn, runway, and cash derive from maintained financial state. |
| Metric | Source drill-down | Each figure traces to the contracts, invoices, and entries behind it. |
| Report | Board package | Outputs export to PDF and CSV for the deck and data room. |
Frequently asked questions
Can Lucius produce board-ready financials?
Yes. Revenue, burn, runway, cash, and P&L are generated from the stateful ledger in real time and export as PDF and CSV.
Do board metrics tie back to source data?
Yes. Every metric drills down to the contracts, invoices, and journal entries behind it, so follow-up questions are answerable.
Are board numbers current or lagged?
Current. Because Lucius maintains financial state continuously, board reporting reflects live truth rather than a reconstructed quarter.
Does Lucius report burn and runway?
Yes. Burn and runway are computed from live cash and spend on the ledger. See the burn and runway reporting use case for detail.
Map your current workflow
Tell us how this process runs today and we'll show how Lucius keeps contracts, cash, and the ledger connected.
Map your workflowOr explore the stateful ledger — Lucius's financial system of record.