Benchmark 360
The Benchmark 360 SuiteApp enables you to benchmark your company’s key metrics against other companies in the same industry and region to improve your performance. The SuiteApp provides a dashboard where you can view important industry benchmark data such as Top 25%, Median, and Bottom 25% for five preselected KPIs.
The benchmark KPIs include Days Cash on Hand, Days Sales Outstanding, Days Payable Outstanding, Employee Turnover Rate, and Revenue per FTE. NetSuite sources the industry benchmarks for these KPIs from American Productivity and Quality Center (APQC).
You can use the Benchmark 360 SuiteApp to:
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Review industry benchmark for five KPIs included in the dashboard
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Define performance metrics and set adjustable target values for each metric
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Compare performance metrics against other companies in the same industry and region
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Map different subsidiaries to the corresponding industry and region to view benchmark data
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View quarterly benchmark data by region for a selected subsidiary
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View NetSuite products and features relative to your industry and region to improve your KPIs
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Use NetSuite contents and articles as guides to implement best business practices
Read the following topics for more information about Benchmark 360 SuiteApp:
The Benchmark 360 SuiteApp is available in all languages that NetSuite supports. For more information, read the help topics Configuring Multiple Languages and Choosing a Language for Your NetSuite User Interface.