“Process will get you from A to B. Knowledge will take you everywhere.”
Once you have accurate raw data in your accounting system, it’s time use this historical information to see how you’re performing against your peers and competitors. This information must drive your future decisions.
Our real-time benchmarking service for SMEs – BBBenchmark – assists businesses and their advisors to compare how they are performing against their peers and similar industries to improve productivity, reduce costs and identify opportunities before the competition.
Research clearly shows successful businesses aren’t afraid to compare themselves to their peers and ask the hard questions based more on truth than gut feel. Businesses that do not make competitive comparisons tend to be over-optimistic about their relative position, preventing them from making realistic changes and decisions.
BBB is in a unique position to collate and present key SME indicators. As industry leader in providing services to SMEs for the last eight years, BBB work on the front-line in correlating key data into meaningful reports and graphs that are easy to understand.
BBBenchmark is a subscriber-only pay-by-the-month service available to SMEs, their advisors, industry associations and SME service providers to assist in providing accurate and relevant information in real-time.
These are services we offer as part of our Financial Intelligence focus:
- Key Performance Indicators (KPI) Analysis
- Industry Peer Comparisons
- Cross-Industry Comparisons
- Predictive Business Analytics