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Management Comparative Program Analysis Highlights

Each year, firms that complete the Management Comparative Survey receive their own report with the firm's information alongside a comparison to other Selected firms with similar case volume, geographic location and population density. In addition, Selected releases highlights from the total analysis of all firms' data. Below is a summary of past years' analysis.

2014 Analysis of the 2013 Fiscal Year

  • 161 firms participated.
  • The number of funerals serviced was approximately the same at 51% of the total cases serviced. The cremation rate also remained about the same.
  • The percentage of pre-need funded contracts serviced during the year declined to 22% for 2013, while the average number of new contracts sold remained relatively steady at 131. This could indicate that contract holders are living slightly longer than in the past.
  • The number of days of sales in accounts receivable continues to increase. All funeral service companies need to review their company policies on collection of payments by the date of service.

What people are saying about Selected members

"This is the first funeral I have helped plan. The most meaningful action was when Mom died and the person who came at 2:00 a.m. was wearing a suit and tie. That simple action—showing respect to the family and Mom's remains—is so appreciated. All the little extras Groce did for us were above expectations; they knew what we needed before we did and they had everything prepared and ready when needed."

– A.L.., Asheville, NC
Served by member firm Groce Funeral Home

Read more quotes from people Selected members have served.