Summary of Investment Recovery Benchmarks
Professionally-run
Investment Recovery Departments are among the most profitable
departments in their company when compared to the net benefit provided
to the company's bottom line.
- The
ratio of gross revenue to total operating expense was 18, giving a
benefit to cost ratio of 18 to 1 for the Investment Recovery
Department!
- The average number of transactions per investment recovery employee was 246.5.
- Gross revenue per transaction was $85,381.
- The average benefit provided by each investment recovery employee was $1,918,947!
- Gross sales as a percentage of gross revenue was 66.18 percent.
- Net sales as a percentage of gross revenue was 59.08 percent.
- Net sales as a percentage of gross sales was 90.39 percent.
- Internal transfers/redeployment activity as a percentage of gross revenue was 27.62 percent.
- Cost savings as a percentage of total gross revenue was 9.64 percent.
- There was one investment recovery employee for every 4,789 company employees.
- There was one professional (exempt) investment recovery employee for every 7,155 company employees.
All revenue and cost numbers refer specifically to investment recovery dollars.
These
benchmarks are based on data supplied by 74 investment recovery
departments, with average company sales over $15 billion.
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