The business that can effectively squeeze the most business insights from their data dominates the market. It is therefore important that a business can integrate its planning process to reporting and analysis, budgeting, forecasting, metrics management so that it can effectively link performances with the overall strategy of the company.
The problem is that year after year, coming up with the annual budget becomes a loathed exercise by accountants because of the manual nature of how it is done and the consequences that follow it.
For the finance department to extract reliable performance analytics that the entire organization can benefit from, they must adopt a solution that will enable them to carry out a top down or bottom up budgeting approach; allow them to collaborate effectively across units and geographies; ensure that everyone is working only on the latest versions; and enforce transparency and accountability in all processes across the board.
Performance Canvas Financials is a complete, cloud-based FP&A solution that will afford your organization the extraction of performance analytics it envisions. This cloud FP&A solution allows you to handle the demands of today´s volatile market so that your organization can respond quickly to stressors and triggers.
Performance Canvas Financials connects your planning process to budgeting, forecasting, reporting, and metrics management. This unified, web-based tool affords your organization timely and effective participation of all stakeholders while it streamlines the entire budget process. With Performance Canvas Financials, performance analytics are put in the hands of your frontline workers so that immediate changes can be made.
To know more about how Performance Canvas Financials affords your organization its long-envisioned corporate performance analytics for all, visit www.performancecanvas.com or email [email protected] for more information.
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