Normalise to a unit
Compare cost per kWh, cost per card transaction as a percentage, and cost per Mbps rather than monthly totals. Only unit costs are comparable across businesses of different sizes.
Use live market quotes as the benchmark
Published averages lag reality by months. The most accurate benchmark is a genuine quote for your actual usage, dated today.
Benchmark on a schedule
A single benchmark is a snapshot. Repeating it annually turns it into a trend, and a trend tells you whether your supplier relationship is improving or quietly decaying.
Want this reviewed for your business?
Send us a recent bill and a consultant from our Cardiff office will tell you, honestly, whether you are paying more than you need to.