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The phrase "acts as a benchmark" is correct and usable in written English.
It can be used when discussing a standard or point of reference against which things can be compared or assessed.
Example: "The new software acts as a benchmark for evaluating the performance of similar applications in the market."
Alternatives: "serves as a standard" or "functions as a reference point."
Exact(9)
The 10-year yield acts as a benchmark rate for most mortgage loans.
The discount rate, which is charged commercial banks on certain short-term loans and which acts as a benchmark for other interest rates, has been increased four times and more than doubled since last May, when it stood at 2.5percentt.
As expected, both of them are higher than the MSE of the centralized Kalman filter, which acts as a benchmark.
This classification acts as a benchmark for categorizing the extent of damage to a building observed in the field.
The individual will choose the education of a certain reference group θ R that acts as a benchmark to evaluate her own household's education level1.
The three CI algorithms adopted here are: Bilinear interpolation [18]: it is the simplest demosaicing algorithm and acts as a benchmark; the missing values on the three channels are computed by linear interpolation independently.
Similar(51)
This bruising occasion should act as a benchmark for both teams.
The first pair were tested monotonically to act as a benchmark and tie into previous research.
When calculating the benefits quantitatively, the traffic condition before the construction (expansion) of the VTS has acted as a benchmark.
The awards, running for the first time this year, celebrate the best of Britain's universities and act as a benchmark for excellence across the higher education sector.
The purpose was that the data would act as a benchmark for the evaluation of TKR designs using the same testing methodology.
More suggestions(18)
acts as a multiplier
acts as a filter
acts as a restraint
acts as a warning
acts as a paradigm
acts as a carbon
acts as a barrier
acts as a fungicide
acts as a summary
acts as a vet
acts as a shield
acts as a kind
acts as a sort
acts as a morale
acts as a catalyst
acts as a broker
acts as a depressant
acts as a cookbook
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com