![]() ![]() ![]() It closely follows the layout of each manufacturer’s financial statement, making it easier for you to understand, and it also includes the Reality Check. The PTA report details the trends of your operation for the most current business quarter with side-by-side comparisons of all revenue and expense accounts over the past three months, serving as an excellent tool for monthly reviews with all your department managers. The PTA is a customized, single-dealer product, comparing one dealer’s data to a franchise-specific Benchmark. Profit Trend Analysis (PTA): This composite is the cornerstone financial product commonly used with NCM’s in-dealership consultations. In addition to the 20 Group monthly composites, we also offer other reporting tools to better serve your unique business needs. More benchmarking tools, customized for you Our intention is to always challenge our clients to perform at a higher level. Most importantly, our clients entrust us with their data because we do not use an outside vendor to create our Benchmark reports. NCM has a dedicated in-house team to manage and process all client data. ![]() The monthly composite reports NCM creates have proven to be an invaluable management tool for our clients to help them achieve greater profitability in a highly competitive industry. We provide 20 Group clients with a custom monthly composite-and the training they need to make the most of it-as part of their membership. NCM offers a wide variety of automotive and industry Benchmark tools in easy-to-use print and digital formats. When a cell is red, the dealer is performing below average. In the Reality Check, when a cell is green, a dealer is exceeding the Benchmark. Additionally, all of our composites, including some non-automotive versions, include our Benchmark-driven Reality Check where we measure more than 50 key items in a composite that, we believe, determine how well a dealership is performing overall. To create a Benchmark, NCM calculates the average of the top half of the best performers of all clients reporting for a particular franchise. NCM's industry-recognized Benchmark reports analyze a comprehensive range of financial and operational data, allowing clients to compare their performance to other organizations and industry averages. NCM's industry-recognized Benchmark reports analyze a comprehensive range of financial and operational data, allowing clients to compare their performance across multiple stores within their organization or against other businesses in non-competing markets. NCM regularly creates new automotive and industry benchmark averages so our clients have the most accurate and up-to-date market trends. Our competition may provide similar reports however, not all reports are created equal. By analyzing a comprehensive range of financial data, our clients can compare their performance to other organizations and industry averages. Today, we continue to serve thousands of business owners across North America with our innovative Benchmark tools. More than 70 years ago, NCM Associates was founded to develop statistical and financial analyses to help improve dealership performance for a small group of Ford dealers. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |