Real-Time Industry Comparison
Data-Driven Budgeting
Identify Trends and Deviations
Monitor KPIs and analyze costs to track industry developments over time. Detect deviations and uncover trends that create new opportunities.
How often do you wonder how your company is performing compared to your competitors—right now or year-to-date?
Accessing relevant and reliable industry data can be challenging and costly, and by the time it becomes available, it may already be outdated.
With Benchmarking in Oxceed, you can compare your company’s performance with other players in the industry and see exactly how you rank in key areas such as KPIs, cost structure, and margins.
Identify trends, track how your company aligns with industry developments, and make well-informed decisions.
Having access to up-to-date industry data gives your company a key strategic advantage.
With Oxceed, you get a powerful and user-friendly tool packed with possibilities.
Financial Reporting
Design custom reports or use pre-made templates.
Budget and Forecasting
Dashboards
Key Performance Indicators
Group Reporting
Cash Flow Budgeting
Benchmarking in Oxceed is a feature that enables companies to compare their financial KPIs, cost structures, and margins with other businesses in the same industry. The comparisons are based on live data from over 20,000 companies, allowing you to analyze your performance with up-to-date industry insights.
The data is categorized into 26 industry groupings to ensure relevance and high quality, giving you a clear picture of how your business measures up against competitors.
By comparing your company’s KPIs and costs to industry averages, you gain a clear understanding of your strengths and areas for improvement. Benchmarking helps you identify unnecessary costs, highlight areas that exceed or fall below industry standards, and prioritize actions accordingly.
This enables you to make more informed decisions to optimize costs, enhance profitability, and strengthen your market position.
The benchmarking data in Oxceed is continuously updated in real time as connected companies update their accounting. This ensures that you always have access to the latest industry insights.
This advantage allows you to respond quickly to changes and trends without relying on outdated reports. Real-time data gives you a clear view of your current position at any moment, providing a significant advantage for ongoing tracking and decision-making.
Yes, security and anonymization are central to Oxceed’s benchmarking feature. All benchmarking data is fully anonymized, ensuring that individual companies cannot be identified in comparisons. Data is handled securely, allowing you to compare your results with industry benchmarks in a safe and reliable manner.
Yes, benchmarking is an excellent tool for accounting consultants who want to provide their clients with more insightful and strategic advice. By leveraging up-to-date industry data, you can show clients how their performance compares to other businesses in the industry.
Benchmarking facilitates deeper client discussions and strengthens your role as a proactive advisor.
Fill in your details in the form. In the next step, you can choose a date and time that works for you. A demo takes approximately 25–30 minutes.
Accounting firm? Book your demo here instead.
