FAQ

What is Benchmarker?

Benchmarker is an advanced analytical platform designed to provide comprehensive financial benchmarking and analysis for small to medium-sized businesses in Canada. It leverages data from Revenue Canada tax returns and Statistics Canada to offer insights into various financial metrics.
How does Benchmarker work?

Benchmarker analyzes uploaded financial documents, normalizes the data, and compares it against industry benchmarks using NAICS codes. It provides detailed reports on financial performance, profitability, expenses, and more.
How does Benchmarker cater to different user needs?

Benchmarker offers tailored solutions for various users: Small Business Owners: Upload financial data to identify areas for improvement. Financial Analysts: Analyze detailed financial metrics for comprehensive client consultations. Accounting Firms: Manage client profiles for benchmarking and reporting with enhanced security. Consultants: Analyze market trends to advise businesses on strategic decisions. Educational Institutions: Utilize dynamic reports and real-time data for teaching financial management. Regulatory Bodies: Monitor industry compliance and performance standards using validated data.
Does Benchmarker provide regional data?

Yes, Benchmarker provides data at both the national level (Canada) and regional levels, including specific provinces and territories.