Tribal Benchmarking at your Russell Group university.

 

 

Tribal's Financial Benchmarking service has been used by universities for over 25 years and offers a unique way to gain a comprehensive sector comparison of your financial operations - quickly, and with minimal impact upon your finite resources. 

 

  • Comprehensive: We analyse all activity across the university

  • Fully-managed: We collect and categorise all the data on your behalf

  • Modern reporting: Obtain a full analysis as well as an online web-portal enabling you to interrogate your benchmarking results further

  • Flexible timings: Run the exercise at a time most appropriate to inform your institution's strategic plans, and without multiple-years commitment

  • Cost effective and quick: Full analysis in less than 6 months and in a more cost-effective manner compared with alternative approaches
  • Sector-wide comparisons: Compare against peer-group universities, universities with similar characteristics, as well as the wider sector

 

Tribal's Financial Benchmarking explained

Head of Surveys and Benchmarking, Nick Pidgeon, summarises why Tribal's Benchmarking service works for the modern university, how the reporting portal gives granular and actionable insight, and why Russell Group universities are turning to our analysis to help inform strategic decision making.

 

Views from the sector

 

University of Nottingham

Chief Financial Officer, Margaret Monckton, explains why the University of Nottingham values the Tribal Financial Benchmarking approach, and how it helps drive change in the financial culture of the university.
 
Find out how the University of Nottingham improves financial performance through benchmarking - read Margaret's account in full.
 
 
 
 

University of York

Finance Director, Jeremy Lindley, explains why he chooses Tribal's Financial Benchmarking services, and how it helps the university target its resources to uncover and understand financial problems.
 

 

 

Find out how the service might work for your university.

 

RG Uni CTA 2

 

Articles 

Happiness and harmony through university Finance?

Can university Finance leaders really be a catalyst for staff happiness and harmony? True, happiness isn’t probably one of the Finance Director’s strategic initiatives, but, given that their decisions often have crucial effects on the university’s staff, we’re sure that most FDs would embrace a culture where Finance is a bastion of fairness and objectivity that spreads harmony.

Full article

Using benchmarking to navigate funding cuts in Arts Universities

Benchmarking has long been considered by strategic leaders in education to be a vital tool for data-driven decision-making. Particularly in times of sector restructure or funding cuts, benchmarking data is used by individual institutions to mitigate risks and stabilise or strengthen their financial position by modelling operations on similar, leaner universities. Yet where benchmarking is perhaps most powerful, is when it is used to inform education policy and strategy.

Full article

Setting university finances on the optimum trajectory post-pandemic – how to strike the right balance of financial strategies?

Three logical strategies for building financial resilience in the post-pandemic world are clear – operational efficiency, profitably scaling-up, and income diversification. Balancing these approaches to ensure you take the right action is key to building a robust strategy for your institution – and this requires an external perspective, that gives sector context to your financial performance.

Full article
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