Produce comprehensive benchmarking reports instantly and take all the credit as the business genius you are!
Benchmark your actual results and forecasts/budgets against industry standards and ratios to coach with your clients
Benchmark your clients’ actual results and forecasts against industry standards in 51 Key Performance Ratios
Validate business plan pro-forma against actual industry data, and create Action Items to address the growth ratios
Validate the business valuation against industry data using ratio analysis.
BizBench Reports benchmark a business against similar businesses in the same NAICS code in 51 key financial metrics using the extensive database that Universal Accounting has compiled over the last 10 years of of hundreds of thousands of businesses throughout North America.
It organizes, charts, and graphs the data into a meaningful presentation of the analysis, complete with comprehensive recommendations for improvement. All in seconds after you have entered some basic data from the Income Statement and Balance Sheet.
Regardless the bookkeeping software you are able to use the data to generate financial ratios by industry using the date from the income statement and balance sheet.
In addition to trend analysis, budgeting and forecasting, the power of benchmarking takes your quality accounting services to another level.
BizBench gives you the knowledge, understanding and wisdom to take the actions, for your own company or for a client, that can change a struggling business into an industry leader based on key financial ratios.
Just log in to your BizBench user account, and following our Wizard, enter some general company information, basic information from the income statement and balance sheet, and VOILA! The benchmarking software does the analysis.
The detail report includes all the information that BizBench produces. This report can be used for a complete consultation with the client for an accountant or consultant, or for a complete analysis for the business owner or manager. The financial benchmarking is broken down into the following major sections:
BizBench attracts new clients and new consulting income because it shows business owners exactly why they need you with powerful industry-specific benchmarking and in-depth business performance analysis – charted, graphed, explained for you and them based on accounting best practices.
Get The Power of Industry-Specific Intelligence.
BizBench Reports benchmark a business against similar businesses in the same NAICS code in 51 key financial metrics using the extensive database of hundreds of thousands of businesses throughout North America.
