PIA Ratio Studies and CostRatesAdvisor Financial Ratios Dashboard – A Perfect Match
Sarasota, Florida. February 26, 2014 – Profectus, Inc., a national consulting company that helps printing and packaging organizations improve their business, announced today the debut of a Financial Analysis and Ratios Dashboard in the popular CostRatesAdvisor.com budgeted hourly cost rates software.
The financial dashboard features numerous ratios reports and graphs so companies can benchmark their figures to other companies using the Printing Industries of America’s Ratios Financial Ratio Studies*.
For over 90 years the PIA Ratios Studies has been the printing industry’s most valuable financial benchmarking tool for strategic management, investment, productivity, and profitability. The PIA Ratio Studies are a compilation of expenses, assets, salaries, and other financial information from hundreds of printing and related graphic arts firms.
Owners, managers, and analysts can use their CostRatesAdvisor financial information as a benchmark against the PIA Ratios’ industry norms and profit leaders. Some of the ratios included in the Financial Analysis and Ratios Dashboard include:
According to Profectus President Craig Press, “CostRatesAdvisor.com has come to be more than a budgeted hourly cost rates program. It’s an excellent tool for determining the break-even cost of your production equipment and services, tracking cost trends, and now benchmarking your financials to other companies.”