We live in a world where people get very uncomfortable at other people who try to be many things at once. We used to have many polymaths in the person of Leonardo da Vinci, for example, who was both a helicopter designer, and an artist.
While we revere in select people who can do many great things at the same time, we tend to feel the opposite for regular folks who try to learn about a lot of things around. We in fact go as far as calling them a jack-of-all-trades, a master-of-none.
Our society today is obsessed at the idea of deep specialization. We expect doctors to specialize, for lawyers to specialize, for real estate brokers, for mechanics or for carpenters. If you don´t have a specialized area, you are not good enough. This is what we are really trying to say.
The same is true in the financial budgeting and reporting arena; people somehow tend to belittle solutions that can do many things at once. We somehow have this notion that if it doesn´t specialize in certain tasks like financial budgeting OR financial reporting OR BI capabilities then it is not good enough.
People somehow have this biased idea that a financial budgeting software that can do many things at the same time might be able to offer a lot but none of them good or specialized enough. Again, this springs from our current obsession with deep specialization.
However, in today´s modern and digital age, a financial budgeting software can actually be a jack-of-all-trades. In fact, it is those unified budgeting solutions that are able to show the general picture of the business which possess the greatest potential to drive the business to succeed.
The trouble with some highly specialized financial software is that it tends to get stuck in its own way of doing things and it tends to focus so narrowly that it completely misses looking at issues from different perspectives. In this type of volatile climate businesses navigate through, it has never been more important to look at the big picture.
Now, some CFOs or finance managers might have formed their opinion based on specific financial budgeting software they have used in the past or those budgeting solutions they have seen demos of and that is fine. However, we must also bear in mind that maybe some of these people have been using or looking at the wrong solutions after all.
There are thousands of unified financial budgeting softwares out in the market and truthfully, some are just superior to others. Not all financial budgeting software are created equal.
Performance Canvas Financials is a unified financial budgeting software that offers streamlining and automation of financial reporting & analysis, financial budgeting, financial forecasting, financial consolidation, and a smart way of managing finance KPIs and metrics.
Performance Canvas Financials is a unified cloud FP&A software that was built from the ground up to look at the big picture and to tackle corporate financial issues head on taking into consideration several other factors like sales performance, marketing, profitability, organizational structure, external factors in the market, and internal or regulatory policies among other things.
The developers and founders behind this accounting product have always maintained that by pouring sufficient accounting experience, reasonable intelligence, a good amount of time and energy, and honest customer feedback, a financial budgeting software like Performance Canvas Financials can be a jack-of-all-trades and a master-of-all-trades at the same time.
If you are looking for a good financial budgeting software to evaluate, see it for yourself. Request a demo or a free 30-day trial of Performance Canvas Financials by visiting www.performancecanvas.com or by emailing [email protected].
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