The RefineRE Business Intelligence Suite: BenchCore
Better Data. Better Decisions.
How do you measure up to other peer corporate occupiers or your other corporate locations around the world? As the foundation of the RefineRE Business Intelligence Suite, BenchCore benchmarking software empowers you to find out by giving your data context.
Discover Actionable and Attainable Targets for your Portfolio
Imagine if you could build a business case for all your locations based on real market data, actual headcounts or utilization and other key metrics from your various internal systems, and then benchmark all of it against the market in about 15 minutes.
Benefits of BenchCore
Gain access to the vast BenchCore community where you can ask questions, collaborate and analyze findings from the experts in the field, RefineRE.
- Get a big picture view of your corporate real estate performance
- Access proprietary data providing valuable insights you won’t get anywhere else
- Get RefineRE Customized Solutions—opportunity and market reports that deliver comprehensive insights into specific geographic regions of portfolios
- Realign your internal data warehouse
Your Challenge
- Do you have external data to give context to your best-in-class peers?
- Do you know if your CRE costs are in line with your competition?
Our Value
Through RefineRE’s proven benchmarking process and industry-standard definitions, your team will compare peer cost benchmarks (Cost as a Percentage of Revenue, Detailed Operating Cost metrics), to develop historical comparisons, drive actionable and attainable targets, and identify operational cost savings opportunities.
How BenchCore Helped a Fortune 100 Oil & Gas Company Identify $45MM in Savings
WHO WE HELPED
The Facilities and Head of Office Real Estate at a Fortune 100 oil and gas company.
THE CHALLENGE
This organization has historically relied on their brokerage to perform benchmarking reports, which has caused problems with biased, untrustworthy data and lack of customization abilities in order to drill down on the metrics that actually matter to the business.
THE SOLUTION
BenchCore allows the facilities team to analyze the exact cost and size benchmarks that are relevant to them on a global scale. The team can now make cost-cutting decisions based on defendable data across metrics like global market asking rents and vacancy, domestic tenant improvement on new leases and renewals, quartile benchmarks, and site-versus-site performance.
THE BUSINESS IMPACT
This Fortune 100 utilized BenchCore’s peer benchmarking tool to set actionable and attainable goals, identifying over $45MM in operational cost savings opportunities globally.
ROI within 2 weeks
Works with existing systems, spreadsheets and devices
Offers unbiased third-party data
Provides context via benchmarking
Joins data sources from various internal sources
Delivers transparency and visibility
Supplies relevant market comp data
Schedule a consultation with RefineRE
Here's what you can expect:
- ‣ A 15-minute call
- ‣ Identify your biggest challenges
- ‣ Explore automated solutions to optimize your strategy
