How does BCOM ensure that the data provided are valid and accurate?
We have crafted a 3-stage validation process that consists of: 1) Online survey validations that ensure the data meet required arithmetic validations. 2) Statistical validation that ensures unitized data are within reasonable statistical parameters of existing database means and medians. 3) Subjective validation by the Benchmark Communities Business Manager to ensure that the data submitted fit the company profile that is submitting the data. Any data discrepancies and/or issues are handled via the Benchmark Communities Business Manager and the company contact submitting the data. Until data pass all three of the stages, new data are not submitted into the Benchmark Communities database.
