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Benchmarking, Metrics and Reporting

Benchmarking measures the quality of an organization's policies, program and strategies, and compares those results with similar measurements of its peers. To benchmark a card program, collect transaction data and non-transaction data for your card program.

Benchmarking as a noun is a measurable metric or industry standard against which comparisons can be made. As a verb, benchmarking compares metrics or standards between what other organizations or industries are doing versus your organization's goals or processes. As an adjective, the word "benchmark" can be used to describe a study. 

Metrics provide quantified, relative statistics used to rate card program performance.


Measuring Your Program's Success—Tips for Sharing Program Performance with Leadership

 This 19-page report providing various metrics and benchmarking tips to use when sharing your organization's performance with upper management. Written and compiled by Higher Education Advisory Team members.                                     

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News
Event Calendar

10/23/2018 » 10/24/2018
Canadian Workshop: Commercial Card Program Management—Beyond the Basics

10/31/2018
Compliance Monitoring: Safeguarding Your Program and Reducing Organizational Risk

11/7/2018
NAPCP Commercial Card Regional Forum - Tampa, FL

11/8/2018
Oversight Systems Virtual: Mitigate Financial Risk in Your P-Card Program with AI-Powered Analytics

11/15/2018
Build Your Communications Toolkit for Everyday Use—Government/K12 Virtual Roundtable

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