One swallow does not a summer make. The same probably holds for audits – one firm facing a “KPI Audit” in October probably does not indicate the start of a fully blown LSC audit schedule, however that is what one of our clients faces in a couple of months. Quite what data the LSC hold to allow for reliable conclusions to be drawn about a supplier is not entirely clear. This, of course, makes it all the more important that firm’s own reporting data integrity is of the highest order and can be comprehensively interrogated to counter any potential “amber” or “red” KPI findings. Our CDS 6 and CMRF Wizards are free and can assist in this regard.
Pleas let us know if you have just received the dreaded call from you Account Manager.
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