Financial benchmarking helps senior managers to understand their university’s finances in an unrivalled level of detail.
Reliable, objective and independently validated comparative data helps managers see the financial performance of other universities; informing financial and strategic decision-making.
Our benchmarking service helps our customers allocate resources effectively, while enhancing the student experience and improving student outcomes.
On average, our benchmarking customers identify potential savings or opportunities for reinvestment equivalent to 3% of university income. Many of our customers save £$millions.
The benchmarking report was well received by the senior management and is now being used to inform the continuous improvement/VFM agenda where applicable, to identify potential efficiencies and cost reductions, and to target these to best effect.
Stephen Willis, Director of Finance & Resources, Leeds Beckett University