Understanding your relative position against your peers or best in class competitors helps to identify areas and means of performance improvement. At a minimum a well-prepared benchmarking should validate certain assumptions you may have about the performance of your business.
Using our modelling and analytical skills, we provide actionable insight to support your objective. With our support, our clients are able to maximise their revenue generation and cost optimisation potential.
Examples of solutions:
- Industry specific solution to understand your relative position in terms of revenue generation, productivity and costs. E.g. comparing average cost to serve or customer servicing costs, utilisation of assets relative to similar size businesses within the same industry
- Internal and intra-group benchmarking for understanding financial performance of business units within the same business or group e.g. branch A vs branch B, supermarket A vs supermarket B
- Finance function benchmarking for comparing structures, processes and staff costs