Schools have got to get their costs down. But identifying where the opportunities are, and providing credible evidence to governors and colleagues, requires robust data of where comparable schools are operating more leanly.
This data is not available in the public domain. Bursarnet's solution is a very granular benchmarking tool which analyses all the material support costs across 30 different KPIs. This database of assignments comprises 150 sets of schools, which allows us to show where a school is demonstrably off the pace compared to its peer group. This benchmarking is not like any other surveys you may participate in.
Most of the data is sourced off your financial system by us, so the burden on your financial team is negligible. The final report is in a form which can be presented to your FG&P committee.
Typical cost per assignment: £4.5K (£3K for preps).