Benchmarking
Give Your Clients a Competitive Edge with Industry Benchmarking
Comparative information, focusing on best practices and peer group benchmarking, is key for your clients to maintain a competitive discipline. Unfortunately, most private companies lack the ability to benchmark their performance trends to other companies in their industry or peer group. Accurate, reliable and current industry data simply has not available for the private sector – until now.
By using iLumen’s proprietary financial information network, you can now offer your customers the ability to see how their business is performing against a truly comparable industry peer group.
Private Sector Industry Averages
Private Company Benchmarking is secure and completely anonymous. Aggregated industry trends and data security are maintained in iLumen’s secure financial information network.
Industry Trends Database
iLumen’s database tracks a defined set of analytics and metrics that represent an aggregate average of representative companies within a given peer group. Peer groups are organized based on an industry code (SIC or NAICS) and can be further filtered based on other attributes (such as geographic location or company size). Aggregate reports are delivered that contain summary financial metrics for each industry trended over time.
Aggregate Results
All submissions are “pooled” and aggregated to produce averages for each industry peer group with all financial metrics presented as aggregate averages. And unlike annual survey-based data, iLumen’s database is updated every month with current information as companies close their books and upload their data. Reports are immediately updated to show the direction of business performance relative to the direction of the industry and can be customized based on the following metrics.
Choose from:
- Over 80 financial ratios and metrics for comparison
- Over 10 parameters to select your custom peer group
- Monthly trends vs. growth rate trends
- Trend types (annual, quarterly, monthly, trailing 12- month)
- Four aggregate calculations (average, median, upper quartile, lower quartile)
Variance Flags
Alerts can be set against specific targets or against prior periods using current period data or rolling 12 month data. These settings can be set for your entire portfolio or for individual companies. Variance can be set from one to 100, depending on specific need. |
