| Any organization that has conducted benchmarking would know how difficult it is to collect the essential "raw data". Often, data collected is incomplete, not verifiable and/or contradictory. We overcome these problems with our data collection methodology based on use of the ClearCost software, which has an embedded functional model suitable for benchmark use.
By adapting data modeling in ClearCost to best fit the benchmark collection needs, we ensure the existing IT budget, re-forecasting and cost tracking processes produce accurate and
demonstrably verifiable benchmark data as a by-product of your normal ClearCost use.
Using proven techniques and tools, we can save many hundreds of man-hours in data collection effort.
The results:
- simplify and streamline data collection for input to the main industry benchmarking services
- greater confidence in the benchmark results due to greater confidence in the input data
- strong correlation between benchmark analysis and original source (budget) input data for
targeted action
- incorporate benchmarking as a regular KPI or Scorecard metric.
We can even facilitate comparisons among our ClearCost client base as consistency of design and approach has been a feature of all our implementations. |
