“Colour coding of questions quickly tells companies which questions need to be answered to help generate the critical key performance indicators,” explains Anderson. “This feature, in conjunction with other modifications such as the ability of existing users to access previously submitted information covering demographic, product and process information, is an integral part our strategy to speed up the process.”

Printing Industries launched the original online version two years ago. Monitoring usage and user feedback identified the need to simplify what could become a tedious data entry exercise.

Printing Industries Manager of Industry and Commercial Policy, Hagop Tchamkertenian, said that four benchmarking packages improved the flexibility available: Rapid Basic for those who want to enter their data themselves; Rapid Support for those who prefer system consultants to enter the data for them; Rapid Complete for existing MYOB users who can receive a tailored general ledger chart of accounts to integrate with their existing MYOB software; and Rapid Network for companies operating multi-sites or involved in franchise operations. This provides a customised macro to suit the users preferred accounting package.

Mr Tchamkertenian said a major new change to the system was its low price.

“With the initial data base establishment costs now retired, Printing Industries has been able to significantly reduce the benchmarking subscription prices,” he says.

“To access the basic level – Rapid Basic – the annual company subscription will now just cost $550 for members and $1100 for non-members. The system also comes with a money back guarantee.”

A demonstration model of the new system is available in the benchmarking section of www.printnet.com.au

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