|
An
association of companies whose members conduct benchmarking studies to identify the best practices surrounding Capital Expenditures that improves the overall operations of the members.
Benchmarking is the most cost effective way of
introducing
best practices to your organization.
|
What is Benchmarking?
Benchmarking is a collaborative learning process among a
group of companies to focus on specific operating practices, compare measures
and results and identify improved processes within their organizations.
Key Components
- Data gathering in the form of detailed surveys of measures and
processes;
- Identification of best performers; and
- Site visits to the best companies.
Benchmarking Looks at Best Practices
- Internally among divisions;
- Within the industry; and
- Outside the industry - “out-of-box”.
Mission
To identify "Best in Class" Capital Expenditures
processes, which, when implemented, will lead member companies to exceptional
performance.
Objectives
To conduct benchmarking studies of important capital
expenditures processes.
To create a cooperative environment where full understanding
of the performance and enablers of "best in class" capital
expenditures processes can be obtained and shared
at reasonable cost.
To use the efficiency of the association to obtain process
performance data and related best practices from capital
expenditures processes.
To support the use of benchmarking to facilitate capital
expenditures process improvement and the achievement
of accuracy, timeliness and efficiency.
Membership
The scope of membership includes individuals who work in capital
expenditures in major corporations.
Company membership will be considered with respect to compliance with CEBA™ mission,
goals and operating guidelines, as well as, qualification of the organization
within the scope of membership.
Participation in specific efforts will be optional and open only to members
with costs shared by the participants. Members pay only if they join a specific
study. Currently, membership is at no cost. We reserve the right to review
membership applications and to make the final decision whether or not to accept
any application. Consulting firms are ineligible for membership.
Benefits of Membership
Studies:
CEBA™ will
identify and present to members opportunities to participate in Benchmarking
studies on various topics addressing
issues of importance to the capital
expenditures functions.
There are two types of Benchmarking studies provided:
Consortium studies are offered to the membership as
a whole with costs divided.
Single company sponsored studies addressing the interest
of one member company can be offered to other selected members for
no fee.
The association will
also support capital
expenditures benchmarking efforts:
Research - Access public and private databases.
Identify study
participants - Top companies in capital
expenditures.
Collect data - Manage response collection with the
participants as a third party.
Lead site visits - Structured with best participants.
Roundtables:
Interest group
roundtables will be organized throughout the year. Members will pay
a nominal fee to join real and virtual
roundtable discussions that address specific billing
process management processes.
Cost:
Currently, membership
in CEBA™ is FREE! Costs
of studies are shared by the participants
Become a CEBA™ Member
To become a member of CEBA™, click
below.
On-Line
sign up application
|
Feature Site of The Week - Benchmarking Roundtables
