The Acquisitions – Physical tab allows the institution to compare its acquisitions measures regarding the ordering of physical one-time inventory with other institutions. To access additional benchmark detail and functionality, login at and claim your organizations IRIS+ profile. In Trustpilot Business, go to Analytics > Performance. The Acquisitions – Electronic tab allows the institution to compare its acquisitions measures regarding electronic collection and portfolios with other institutions. To compare your business to others, youll first need to add other businesses to your Benchmark dashboard. The Requests by Month tab allows the institution to compare its fulfillment requests with other institutions: The Loans by Month tab allows the institution to compare its fulfillment loans with other institutions: The pink bars are all other institutions.The Inventory Total tab allows the institution to compare its inventory to other institutions: The “My Trends” tab of the dashboard provides the institution with an up close look at his own institution, and may be filtered by time and other measures. The gages inform the user where his institution (blue dial) stands in comparison to other institutions (pink dial): The KPI Watchlist provides a summary of various KPIs which can be seen together. There could also be a problem with the period from when the item arrives to the institution until it arrives to the acquisitions librarian to scan it in.īenchmark analytics allows the institution to identify these issues.Īs part of the process each institution is defined with a profile so that they can be compared appropriately with other institutions:īenchmark analytics can be easily accessed via an “out of the box” customizable and ready to use KPI dashboard. An officer's employing agency can assist them with the initial login process.It may be that certain vendors are taking an unusually long time to process the orders.It may be that between the time the order is created until the time it is sent takes too long because the “review” process is taking too long. Its built on thousands of analyzed applications, made of 40+ different technologies, by over 400 business organizations.Benchmark Analytics® was founded by a team of experienced police professionals with a proven track record in delivering a research-based, data-driven formula for success in talent management. This institution can then drill down to investigate where in the process there may be a problem. Benchmark Analytics 3,405 followers on LinkedIn. This can be achieved by comparing KPIs (Key Performance Indicators) with other institutions. The KPIs can be measured on a monthly or yearly basis allowing for the identification of trends.įor example, an institution may see that from the time of ordering physical items until the time the items arrive takes significantly longer than the average for other institutions. out of your workflow with the industrys most robust in-house e-billing, matter management, and analytics AI-powered solution. Where processes are already at a satisfactory or above satisfactory level.Where in their workflows improvements can be made.The overall goal and idea of benchmark analytics is for the institution to identify:
You can further refine the data by geographic location and select from seven traffic size classifications, allowing you to compare your property against properties with similar traffic levels in your industry. You can choose from over 1600 industry categories, using a menu in the Benchmarking reports.
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