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bench marking iconBENCHMARKING

HOW DOES YOUR BUSINESS MEASURE UP? BENCHMARK IT TO FIND OUT!


Benchmarking is the process of measuring a company’s financial performance to other similar companies. Companies then use this information to “grade” their performance in various financial areas and identify where they are performing well and where they are lagging behind. Once areas in need of improvement are identified, a plan with specific action steps and measurements can be created and implemented.

CORE SERVICES


Industry Data

One of the biggest frustrations for companies when benchmarking is finding comparable industry data. If the data used is not comparable, benchmarking results can be irrelevant. The best place to find comparable data is from trade associations or other similar organizations but because companies are usually reluctant to share their “secret sauce”, the information received from these organizations can be spotty at best.

SVA professionals are able to provide our clients industry performance information from IBISWorld. IBISWorld has the largest collection of U.S. Industry reports. They cover 1400+ industries and identity, qualify and analyze nearly 4000 product segments. Report data and analyses are fully updated three times per year on average, ensuring the most accurate data, trends and intelligence.

Key Performance Indicators

In each financial area, there are Key Performance Indicators (KPIs) that are used to measure performance. A KPI is simply a quantifiable measure or metric that tells how a company is performing. Examples of common KPIs include debt-to-equity ratio, working capital, return on equity, profit and loss reports, current accounts receivables and payables, income and expenses, inventory turn, net and gross profit margins, etc. KPIs differ from one industry to the next.

After you determine the key KPIs for your company, we can collaboratively start putting together the information necessary to measure and analyze the KPIs for your business.

Management Dashboards

SVA is able to use a variety of technology tools to create easy-to-read, single page, real time graphical presentations that show you the current status and the historical trends of your company’s identified KPIs. Dashboards enable company executives to make informed and timely business decisions at a glance.

 
Measurable Results.
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Measurable Results.

"SVA provides proactive sound financial and business advice. They help me gauge what we are doing well, what we can do better, and they develop strategies to guide my company into the future."

Kim Lobdell, President, KL Engineering

KL Engineering

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Measurable Results.

"We were fortunate to partner with SVA. Without their guidance, we would not be in the position we are today – the largest endodontics practice in Madison."

Dr. Nabeel Khan, Partner

Capital Endodontics

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Measurable Results.

"We specialize in affordable housing and SVA is a leader in tax credit knowledge. Having SVA as a partner is integral to our success."

Kristi Morgan, Chief Operating Officer
Mirus Partners

Mirus Partners

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Measurable Results.

"SVA provides our accounting and back office functions including bill paying, account reconciliations, and compensation calculations. They also been instrumental in strategic planning for business growth and infrastructure development. "

Dr. Sally McKinnon, Partner
Madison Radiologists

Madison Radiologists

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Measurable Results.

"Working with SVA gives us one less thing to worry about. They helped us cut our overhead by 6.5% and created effective business processes allowing us to focus on the core of our business- taking care of our patients."

Dr. John Olson, Managing Partner

Madison Anesthesiology Consultants

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Measurable Results.

"We rely on SVA’s forward-thinking approach. With their assistance, we restructured our business creating tax and cost savings."

John Stoker, President
Daryl Prusow, Vice President

Victory Homes

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Measurable Results.

"We rely on SVA’s technical expertise and practical advice to help us navigate the complex issues involved in the real estate business."

Mike Morey, President

Oakbrook

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Measurable Results.

"Our bank recommended SVA and we have never looked back. SVA doesn’t always tell us what we want to hear, they provide the advice we need to grow our business."

Fred Manske, Owner

Manske Machinery Service

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Measurable Results.

"SVA provides top to bottom care by being hands on and thorough. Whatever our need, they respond quickly and efficiently. They helped us reduce our overhead by 6%."

Dr. Paul Elcano, Executive Partner

Racine Dental Group

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Measurable Results.

"SVA’s valuation of our company and their expertise in loan structuring was instrumental in maximizing the tax benefits as we transitioned ownership."

Scott Stevenson, Owner

Kleenmark

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Measurable Results.

"SVA provided financial statement stress testing scenarios including how interest rate fluctuations and federal subsidy changes might affect our bottom line. Our board now has the information they need to make informed decisions."

Mary Wright, President

Wisconsin Housing Preservation Corp. (WHPC)

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Measurable Results.

"SVA streamlined our largest and most complicated fundraising effort by developing an effective method of tracking inventory and sales."

Deborah J. Gilpin, President & CEO

Madison Children's Museum

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Measurable Results.

"SVA was our first phone call. They have been with us since Day 1 and without them I [Mark Nolen] don't know where we would be."

Mark Nolen, President & CEO

Wisconsin Brewing

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Measurable Results.

"We saved $20,000 in taxes and deferred over $500,000 of taxable income with the help of SVA. They are a tremendous partner for our company."

Mark Barnes, President/CEO

Barnes

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Measurable Results.

"My clinic saves over $10,000 in taxes yearly with the help of SVA. They help me improve my profitability."

Dr. Jesse Sondel, DVM/Owner

Sondel Family Veterinary Clinic

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Measurable Results.

"We hire professionals who bring knowledge to the table that we don’t have. SVA continuously delivers a well-informed, objective perspective we value which makes us continuously evaluate our path."

Lincoln Fowler, Co-Founder

Colectivo Coffee

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Measurable Results.

"SVA’s reputation and expertise with nonprofits made them our first choice! Their ability to turn the work around in a condensed timeframe, and in a way that all Board of Director members could digest easily, has made them an invaluable resource to us."

Jenni Collins, Executive Director

Madison Public Library Foundation

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