Performance Canvas, the latest and most modern technology solution in Financial Reporting, Analysis, Budgeting, and Forecasting, proudly announces the release of pcFinancials in the cloud.
pcFinancials, the banner product of Performance Canvas, is a solution that enables its business users to make informed decisions by always making sure decisions are backed with reliable data.
pcFinancials believes that by streamlining the entire budget process such as by taking the formula out of the cells and by moving all these formula to a central database and enforcing both an intelligent workflow in the system and standardized business rules, not only will the budget cycle time be cut into half, it will also drastically reduce errors and help achieve more accurate financial reports and budgets.
Cloud pcFinancials is built upon the capabilities of pcFinancials as an on-premise solution but with the simplicity of the cloud.
Cloud pcFinancials offers the following to its users:
- Best Practices in Reporting, Budgeting, Forecasting, Analysis, and Consolidation
Cloud pcFinancials incorporates the industry´s best practices when it comes to the latest trends in reporting, budgeting, forecasting, and consolidation such as driver-based reporting, the ability to do full enterprise modeling capabilities, rolling forecasts, what-if analysis, predictive analysis, drill down and drill through, and many more.
One of the advantages of Cloud pcFinancials is that it has the ability to grow as your business grows. The business modeling capabilities of cloud pcFinancials is so advanced that it is designed to scale with your business regardless of how complex your processes get over the years. In fact, cloud pcFinancials works best for businesses with moderate to highly complex business issues.
- Real Ownership of the System
Cloud pcFinancials utilizes Microsoft Excel on its front end which means you don´t need to force your staff to learn a new tool from scratch because they will have their familiarity in Excel to their advantage. The difference now is that cloud pcFinancials has removed the many inherent problems when doing budgeting, reporting, forecasting, and consolidation in Excel spreadsheets. Cloud pcFinancials is also very easy to maintain for any non-technical user and the monthly patchings are seamless.
- Seamless Integration
Cloud pcFinancials is system agnostic which means that integrating with any ERP system or line of business system is not an issue. Whether that be Microsoft NAV, AX, Epicor ERP, SAP or any other system for that matter – there will be no problem as long as that specific system can be reached with MS SQL server.
- Enterprise Level Solution Without the Enterprise Pricetag
Cloud pcFinancials´ main advantage is that businesses do not need to shell out large sums of money in order to take advantage of this solution´s robust capabilities.
With cloud pcFinancials, you can streamline your process, enforce best practices, standardize rules across the organization, and cut the budget cycle time into half without needing significant capital expenditures.
Cloud pcFinancials has predictable and reasonable subscription pricing.
Håkan Ebersjö, the VP of Sales at Performance Canvas, has this to say,
”We took our time in properly releasing cloud pcFinancials because it is so important for us that we understand fully what it is that finance managers and CFOs are so worried about when it comes to cloud migration and what they want to accomplish with their solution.
We spent the last year in dialogue with several decision makers from many mid-sized to large organizations so that we could fully grasp their concerns and intentions.
Once we had that, we knew we were ready to develop and deliver a solution that addresses point by point their major concerns such as accuracy, security, best practices, and maintenance.
Today, we are proud to say that cloud pcFinancials can deliver the same robust features and capabilities as the on-premise version with very minimal limitations.”
Features of the Cloud pcFinancials
- General Ledger Reporting & Budgeting
- Monthly Cash flow Reporting & Budgeting
- Currency handling
- Unlimited number of companies
- Ability to load non-Epicor GL data
- Consolidated reporting
- Web reporting
- Accounts Payable
- Accounts Receivable
- Sales Reporting & Budgeting
- DrillPage – drill down to transactions
- Profitability Analysis
- Voucher postings in consolidation
- Extensibility through Business Modeling – Full Enterprise Modeling capabilities
Learn More about Cloud pcFinancials
DSPanel offers cutting edge technology platform for business analytics, planning, and visualization. DSPanel designs, builds, and operates with the end users in mind. Performance Canvas was created by DSPanel to answer the unarticulated needs of the market not addressed by previous available solutions. With Performance Canvas, information is transformed into valuable business insights for the business executives to utilize in their decision-making process. DSPanel currently has over 2500 organizations deploying their solutions.