Viewpoint, CFMA release benchmarking tool for comparing job site performance
Viewpoint and Construction Financial Management Association (CFMA) are teaming up to provide contractors with better data.
The Trimble Co. subsidiary said the new collaborative tool will be built directly into its Viewpoint Analytics platform, allowing users to compare industry benchmark data to active projects.
“Accessing industry benchmarks from Viewpoint Analytics allows our customers to dive further into comparative analysis for a greater understanding of business and project performance relative to CFMA peers,” said Matt Harris, chief product and strategy officer at Viewpoint, said in a release. “ViewpointOne customers can now see, and more-easily share, all of their important project data in reports that are easy to prepare and consume — solving an issue that has plagued them for years.”
The CFMA has published its Financial Benchmarker since 1989, letting companies compare their financial performance to the rest of the industry.