Preset Benchmark KPIs

Preset Benchmark KPIs are designed to benchmark your business's performance against other businesses in the same industry as well as key metrics beyond your simple GAAP performance. Preset Benchmark KPIs do not use your budget to calculate your desired goal but offer a limited configuration of Relational to Last Year Averaging or Custom Defined Averaging calculation methods. For more details on the configuration options see the section on Custom KPI Data Entry. You will need to configure either the Relational Percent Change or month-to-month Custom Budget depending on if you chose Relational or Custom goals.

The 8 metrics tested with Preset Benchmark KPIs are Profit Margin, Asset Turnover, Return on Investment, Leverage Factor, Return on Equity, Payroll as % of Sales, Transportation as % of Sales and Shrink as % of Sales.

Profit Margin tracks your Net Profit to Total Sales

Asset Turnover tracks your Total Sales to Total Combined Assets

Return on Investment tracks your Net Profit to Total Combined Assets

Leverage Factor tracks your Total Assets to Net Worth

Return on Equity tracks your Net Profit to Net Worth

Payroll as % of Sales tracks your Payroll to Sales

Transportation as % of Sales tracks your Transportation Costs to Sales

Shrink as % of Sales tracks your Shrink to Sales

By default tracking is based on your specific goals as defined by you. You can also enable benchmark tracking to compare your performance against other company's within your industry. Because these are ratios, the total values are discarded and you are tracking performance against ratios comparing your company's efficiency to your goal and (if enabled) other companies.

Please speak with your financial advisor to set specific goals for your company.