Dynamic Benchmarking

Dynamic Benchmarking is a benchmarking technology platform designed by Dynamic Benchmarking, LLC to assist associations of all sizes in creating and conducting benchmarking studies. According to the vendor, the platform aims to provide associations with the tools to help their members analyze their performance and compare it to industry peers, leading to enhanced member engagement and informed decision-making.

Key Features

Cloud-based Platform: According to the vendor, Dynamic Benchmarking is a cloud-based platform that can be accessed anytime, anywhere with an internet connection. It eliminates the need for software installation or updates and requires minimal IT involvement.

Expert Guidance at Every Step: According to the vendor, associations using Dynamic Benchmarking are provided with a team of benchmarking experts who offer guidance throughout the benchmarking study process. They assist in defining study goals, formulating questions, and providing guidance on data collection, analysis, and presentation.

Unlimited Users, Unlimited Options: Dynamic Benchmarking offers unlimited users for each association account, allowing all members to access a wide range of interactive, multivariate, and personalized reports, according to the vendor. Users can apply customizable filters to create unique and meaningful analyses.

Customizable Filters: According to the vendor, users can customize data filters in Dynamic Benchmarking to view data in various ways. This allows for comparisons with specific peer groups based on characteristics such as region or number of employees, providing flexibility in data comparison.

Professional, Customized Reports in Minutes: The vendor states that Dynamic Benchmarking enables the generation of professional and customizable reports in minutes. These reports include big picture analyses, key performance indicators, ratios, and other graphical formats, tailored to the specific needs of the association.

Automated Data Compilation and Real-Time Results: Dynamic Benchmarking automatically compiles and analyzes data in real-time, eliminating the need for manual data compilation, according to the vendor. Results are updated in real-time, providing users with the most up-to-date information.

Near Limitless Options for Data Comparison: According to the vendor, Dynamic Benchmarking provides users with nearly limitless options for data comparison. Users can select filters to compare their data with peers based on specific characteristics, enabling meaningful peer group comparisons.

Online Benchmarking with a Human Touch: The vendor states that Dynamic Benchmarking combines online benchmarking technology with the expertise of a dedicated benchmarking team. The platform offers an intuitive and user-friendly interface for data entry and analysis, with ongoing support and guidance throughout the benchmarking process.

Monetization Opportunities: According to the vendor, Dynamic Benchmarking offers opportunities for associations to monetize their benchmarking studies. This includes securing sponsorship visibility on the platform, selling platform access to non-members, and selling reports and results to non-participants.

Data Security and Anonymity: According to the vendor, Dynamic Benchmarking ensures the security and anonymity of data shared on the platform. It is built on a secure framework with SSL encryption for data protection and stored in a secure SQL Server database with dedicated access, ensuring privacy and confidentiality.