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Functional Benchmarking: Alternatives to APQC and Gartner in 2024

Posted on
November 28, 2023
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Introduction

In the ever-evolving landscape of business analytics and performance evaluation, professionals across various industries are constantly on the lookout for reliable sources of benchmarking data.

Two prominent names that have been trusted for years are APQC and Gartner. However, in 2024, there's a new contender in the functional benchmarking field – CompanySights. Let's take a closer look at each of these platforms and why CompanySights stands out this year.

APQC (American Productivity & Quality Center)

APQC is a renowned benchmarking and best practices research organization. For years, it has been a staple resource for professionals seeking insights into various business functions across industries. APQC collects data, conducts research, and provides reports and insights that help organizations assess their performance and identify areas for improvement.

Gartner

Gartner is a global research and advisory firm known for its extensive analysis of technology and business trends. It offers a wide range of services, including market research, consulting, and benchmarking. Gartner's insights are highly respected and sought after by professionals and organizations looking to make informed decisions in an ever-changing business environment.

CompanySights

Now, let's introduce the new kid on the block – CompanySights. It is a headcount benchmarking platform with over 100,000 data points designed to provide professionals (namely consultants, investors, and Finance and HR leaders) with a comprehensive and user-friendly way to assess workforce efficiency by function in any organization.

Why CompanySights Stands Out in 2024

On-Demand Access

Unlike APQC and Gartner, CompanySights offers users the ability to access benchmarking data on demand. Users no longer have to rely on static reports or outdated information. With CompanySights, you can instantly access the most up-to-date data whenever you need it. This real-time access empowers professionals to make informed decisions based on the latest industry trends and performance metrics.

Comprehensive Coverage

CompanySights prides itself on providing a data point for every function in every business across 54 industries in North America and Europe. This level of coverage ensures that users can find relevant benchmarking information for their specific needs, regardless of the industry or function they are interested in. This level of granularity allows for precise comparisons and a deeper understanding of workforce efficiency.

User-Friendly Interface

CompanySights understands the importance of a user-friendly experience. Its platform is designed with ease of use in mind, making it accessible to professionals of all backgrounds. Whether you're a seasoned analyst or a newcomer to benchmarking, you can navigate and extract valuable insights effortlessly.

Data Integrity

CompanySights places a strong emphasis on data integrity. The platform ensures that the data you access is accurate, reliable, and up-to-date. This commitment to data quality ensures that you can trust the insights you gain from CompanySights to drive your decision-making processes.

Try out a CompanySights search here to experience the difference for yourself

Conclusion

While APQC and Gartner have long been respected players in the benchmarking and research field, CompanySights has emerged as an important new entrant in 2024. With its on-demand access, comprehensive coverage, user-friendly interface, and commitment to data integrity, CompanySights provides professionals with a complementary (if not superior) benchmarking solution.

As the business landscape continues to evolve, having access to the most relevant and current data is crucial, and CompanySights delivers on this promise, making it the go-to choice for those seeking functional benchmarks in 2024 and beyond.

Joel Lister-Barker
Client Services

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