Set user roles and accessibility
Use the full native capabilities of Excel (e.g. create formulas)
Create and customize visual dashboards and graphs for reports & analysis
FINANCIAL BUDGETING & PLANNING WITH PERFORMANCE CANVAS
Budgeting and Planning is a very important financial task whereby a document is produced every year reflecting the organization’s choices, priorities, and planned strategies for the months or years ahead as a result of careful and intensive overall planning.
It is important to allow flexibility in financial forecasting and financial budgeting because market needs and opportunities change every so often.
This is where a specialized budgeting, planning, and reporting software comes in handy. Performance Canvas offers a solution that allows the finance departments to constantly track and assess financial performance through streamlined financial budgeting and reporting practices that occur monthly, quarterly or annually.
It’s time to consider a new budgeting & planning solution when:
- The financial budgeting process has become painful and resource intensive
- Managing multiple spreadsheets is difficult due to numerous iterations and oversight
- Spreadsheets are manually sent by email or shared in common folders
- In-house budgeting applications are unable to cope with your growing financial data
- Financial budgeting and financial forecasting processes are too dependent on IT support
- Multiple levels of approval have low level data security
- Non-automated budget process workflow becomes confusing and complex
- Manual collation and consolidation from multiple resources is necessary
With Performance Canvas budgeting, planning & reporting software, you can:
- Improve your overall finance efficiency.
Whether you have a simple or complex financial budgeting process, Performance Canvas is designed to improve your organization’s budgets reports, and forecasts to be more accurate, traceable, and collaborative.
- Automate and unify your data into a single centralized database.
Financial budgeting is the core of Corporate Performance Management. By streamlining and automating the budgeting process, your finance department can now manage financial data more effectively by freeing time in their hands away from mundane tasks to focus more on analysis geared towards business impacting tasks.
- Create financial budgets, plans and reports with ease.
Performance Canvas budgeting, planning & reporting software has built-in wizards that allow you to create standardized and customized templates to help you start easy. You can create budgets, plans, and reports in just minutes while still leveraging your existing Excel skills.
- Have a non-conflicting version of the truth.
Performance Canvas budgeting, planning & reporting software reads out data from all your existing systems whether it be an ERP System, General Ledger or HRIS. The figures are fully traceable and drillable across the tool which erases all integrity concerns about the numbers.
Financial budgeting, financial forecasting, financial reporting, and financial consolidation should not be tedious processes that finance persons start to dread the idea of performing the tasks. Finance processes must be streamlined, automated, and the resulting figures must be reliable. Performance Canvas Financials (a.k.a pcfinancials) is modern and is specialized for financial budgeting, planning, reporting, and consolidation.
Benefits of pcFinancials – the Budgeting & Planning software
- Visual Presentations
Performance Canvas budgeting, planning & reporting software has MS Excel as its user interface that gives a familiar feel. It integrates with MS Word and SharePoint so learning the tool is quick and easy.
- Driver-Based Modeling
Define your business KPIs with drivers – can be financial or non-financial variables. Use your drivers anywhere in your business model to generate simple or advanced calculations tailored according to your assumptions.
- What-if Scenario Planning
Test your financial and operational assumptions. Model scenarios and compare results visually – be prepared for any circumstance and get the overall impact on your organization’s financial performance.
- Streamlined Collaborative Workflow
Performance Canvas budgeting, planning & reporting software can streamline your workflow from submissions, status, and approvals. Collaborate with your staff and assign user roles with full permission-based security. Changes are logged for full transparency.
- Investigative Drill Down
Gain better insights using detailed drill down investigative features. Performance Canvas budgeting, planning & reporting software provides you access to granular-level data, from purchases, billing, and other transactions.
- Predictive and Profitability Analytics
Performance Canvas budgeting, planning & reporting software has advanced predictive analytics where you can do Payroll, Revenue, OPEX, CAPEX, advanced allocations, sales analysis, project analysis, and more.