Why Benchmark Your Business?

  • For budgeting and planning comparisonsshutterstock_175029362
  • For internal management target setting
  • For fund raising and investor presentations
  • For acquisition analysis
  • For board level discussions and decision-making

Research shows that the most successful companies use metrics and benchmarking as a key information and management tool.   We find that all our benchmarking clients use our benchmarking and purchase our benchmarking data reports for one of the above reasons.  Benchmarks provide neutral data to provide context for successful management of growth and performance.  Benchmarking also can help highlight the latest changes going on in the market in business models.  It helps companies track to industry leaders.

 

At T2 Systems, we migrated our customers to the SAAS business model in 2005.  Since then, we struggled to find key benchmark data that we could use to determine the quality of the Company’s financial metrics.  OPEX Engine easily filled that void for our team by providing us with key data points ranging from customer acquisition costs to revenue per employee.  OPEX is one of our strategic planning tools.  Jim Zaloudek, CFO, T2 Systems, Inc.

 

To learn more about how benchmarking can help your business and the latest trends in software and saas benchmarks, here’s a benchmarking presentation from a recent event especially for software and saas CFOs.

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Deviating from the benchmarks isn’t good or bad, it is just important to understand how and why you are deviating from a benchmark, rather than making decisions based only on internal information. Benchmarking is an extremely useful tool to drive decisions based on data rather than by intuition or how things were done at somebody’s last company.  And in today’s complex world, no company can afford to make performance decisions without good quality benchmarks to inform them.  Business models won’t stop changing in today’s world – start benchmarking your performance today to optimize growth.  

 

Software and SaaS Benchmarking Reports

OPEXEngine provides high-quality, detailed benchmarking reports for software and SaaS companies.

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Annual Software and SaaS Benchmarking Survey

The annual software and SaaS survey is open from 3rd March through 30-April.  Companies find participation is a valuable process beyond the value of the information only because it helps them identify the critical metrics that successful software and SaaS companies use to evaluate their businesses.

Our surveys are designed in collaboration with leading CFOs and investors who are building some of the most successful companies today.  Most of the companies in the annual OPEXEngine Software and SaaS benchmarking participate regularly.

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