Despite the state-of-the-art performance of Large Language Models (LLMs) achieved on many tasks, their massive scale often leads to high computational and environmental costs, limiting their accessibility. Parameter-Efficient Fine-Tuning (PEFT) methods address this challenge by reducing the number of trainable parameters while maintaining strong downstream performance. Despite the advances in PEFT methods, current evaluations remain limited (in terms of evaluated models and datasets) and difficult to reproduce. To bridge this gap, we introduce PEFT-Bench, a unified end-to-end benchmark for evaluating diverse PEFT methods on autoregressive LLMs. We demonstrate its usage across 27 NLP datasets and 7 PEFT methods. To account for different PEFT training and inference factors, we also introduce the PEFT Soft Cost Penalties (PSCP) metric, which takes trainable parameters, inference speed, and training memory usage into account.

Parameter-Efficient Fine-Tuning (PEFT) methods address the increasing size of Large Language Models (LLMs). Currently, many newly introduced PEFT methods are challenging to replicate, deploy, or compare with one another. To address this, we introduce PEFT-Factory, a unified framework for efficient fine-tuning LLMs using both off-the-shelf and custom PEFT methods. While its modular design supports extensibility, it natively provides a representative set of 19 PEFT methods, 27 classification and text generation datasets addressing 12 tasks, and both standard and PEFT-specific evaluation metrics. As a result, PEFT-Factory provides a ready-to-use, controlled, and stable environment, improving replicability and benchmarking of PEFT methods. PEFT-Factory is a downstream framework that originates from the popular LLaMA-Factory, and is publicly available at https://github.com/kinit-sk/PEFT-Factory.

Large Language Models (LLMs) have demonstrated remarkable multilingual capabilities, making them promising tools in both high- and low-resource languages. One particularly valuable use case is generating synthetic samples that can be used to train smaller models in low-resource scenarios where human-labelled data is scarce. In this work, we investigate whether these synthetic data generation capabilities can serve as a form of distillation, producing smaller models that perform on par with or even better than massive LLMs across languages and tasks. To this end, we use a state-of-the-art multilingual LLM to generate synthetic datasets covering 11 languages and 4 classification tasks. These datasets are then used to train smaller models via fine-tuning or instruction tuning, or as synthetic in-context examples for compact LLMs. Our experiments show that even small amounts of synthetic data enable smaller models to outperform the large generator itself, particularly in low-resource languages. Overall, the results suggest that LLMs are best utilised as generators (teachers) rather than classifiers, producing data that empowers smaller and more efficient multilingual models.

While fine-tuning of pre-trained language models generally helps to overcome the lack of labelled training samples, it also displays model performance instability. This instability mainly originates from randomness in initialisation or data shuffling. To address this, researchers either modify the training process or augment the available samples, which typically results in increased computational costs. We propose a new mitigation strategy, called **Delayed Ensemble with Noisy Interpolation (DENI)**, that leverages the strengths of ensembling, noise regularisation and model interpolation, while retaining computational efficiency. We compare DENI with 9 representative mitigation strategies across 3 models, 4 tuning strategies and 7 text classification datasets. We show that: 1) DENI outperforms the best performing mitigation strategy (Ensemble), while using only a fraction of its cost; 2) the mitigation strategies are beneficial for parameter-efficient fine-tuning (PEFT) methods, outperforming full fine-tuning in specific cases; and 3) combining DENI with data augmentation often leads to even more effective instability mitigation.