Our Blog

A collection of financial topics for the CFOs, Finance Executives, and Finance Experts

5 Ways A CFO can Protect the Business from Global Uncertainty

Unless you have been living in a cave in the last year, you probably have heard of the US-China trade war. The latest round of trade negotiations between Washington and Beijing that concluded on May 10, 2019 concluded without any … Read More

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Budgeting, Planning, and Reporting Software Integrated with Dynamics ERP Systems

Performance Canvas Financials is today´s most user-friendly and reasonably priced subscription for budgeting, planning, and reporting that is integrated with dynamics 365 for finance and operations, Dynamics 365 Business central, Dynamics AX, Dynamics NAV, and Dynamics GP. Performance Canvas Financials … Read More

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Why Would Someone Opt for Performance Canvas Financials as Opposed to ERP-owned FP&A Software?

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Top 5 Best Practice tips on How to Improve Fiscal Year Financial Planning

Financial planning for the fiscal year is one of the most important business growth strategies. It is a growth strategy that pierces through the entire business as it goes through tracking and recording of a company´s revenue, expenses, debts, and … Read More

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Why Choose a Non-ERP Software owned Budgeting and Planning Solution?

In the course of our conversations with our customers, someone asked us – why should we choose Performance Canvas Financials over the budgeting and planning software put forward by the ERP system we had chosen? Now this question I thought … Read More

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The Power of Weekly Corporate Financial Reporting & Analysis

We have entered a rather unusual time when borrowers get paid, and savers are not rewarded. It is truly a mind boggling phenomenon especially for economists because we are in an era of a long period of negative interest rates … Read More

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The Best Budgeting Software that Reads Data Directly from Your Dynamics 365 System – Performance Canvas Financials

Not all budgeting solutions are created equal – some are substantially better than others. This statement is as bold as it is true. Now you might ask – how do you define the best budgeting software? At the risk of … Read More

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Businesses – How Prepared Are You to Handle a Slowdown in Demand?

An investment company´s CEO named Johan Forssell has recently warned of an impending recession. In the first quarter of their investment company´s report, he notes of a slowdown in demand that seems to be going on. He did mention that … Read More

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Realistic and Critical Points to Remember before Implementing A New Budget Planning Software

The process of choosing new financial planning & analysis software or budget planning software (whatever you want to call it) is long and hard, but truth be told, that is only half the battle. The other half – which is … Read More

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Top 3 Evaluation Criteria for a Trust-worthy Financial Accounting Software

After attending a 4.000-strong customer conference in the last week in Las Vegas and spending much of our time talking to financial controllers and finance managers, there were two recurring facts these decision-makers tried to point out– they want to … Read More

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The 8 Things that Best Buy Can Teach Businesses with Sliding Sales and Profit

There was a time when best buy´s existence was threatened. Many saw the sales and profit of the business tank and their CEO resigned. In fact, best buy´s customers would go to the store, look at the things they wanted … Read More

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Top Data Analytics Trends of 2019

The business tech world has been in flux in recent years. We have seen the evolution of data analytics platforms from being specialised software tools to an essential component of a company’s everyday processes, according to a recent Performance Canvas … Read More

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Top 5 Important Trends in Financial Budgeting and Reporting

Arguably all businesses are playing catch up these days. Things can quickly change in the blink of an eye – for good and bad. The good that comes out of everything that is going around is the fact that people … Read More

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Performance Canvas Successfully Joined User Group Summit Europe 2019

Performance Canvas Financials – a complete and cloud-based reporting, budgeting & planning, BI, and consolidation solution successfully connected with the users of Dynamics 365 Finance & Operations, Dynamics Business Central, AX, NAV, and GP last March 27-29, 2019 in RAI … Read More

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Top 5 Differences between Financial Budgeting in an ERP Software versus Financial Budgeting in a Budgeting & Planning Software

We often get the question of why an organization would need an add-on Budgeting & Planning software if their ERP software already includes budgeting and planning capabilities. Finance professionals that have experience doing budgeting & planning in a good, add-on … Read More

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How to Make Excel work for Financial Reporting & Analysis

Creating multiple financial reports for different people for different reasons take much time and honestly, it sucks. No one enjoys it. It is just a pain. There, I said it. Perhaps it is not so much creating financial reports that … Read More

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How to Solve the Top 5 Financial Reporting Issues in Excel using a Financial Reporting Software

Financial reporting and analysis in the ideal world are supposed to be fun and intellectually stimulating. I say “in the ideal world” because most finance professionals spend a significant amount of time cross checking their copy pasted numbers in their … Read More

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Let New Technology Enforce your Chart of Accounts and Enable Accurate Financial Forecasting

Year after year, many finance departments still try to force a spreadsheet approach to financial forecasting. However, if you ask any forward-thinking CFO or finance manager, their experience and wisdom will tell you that performing financial forecasting or financial reporting … Read More

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8 Reasons why Performance Canvas Financials is a Superior Budgeting Software

The most software vendor will claim that they can do everything and solve everything. True enough, some might be able to do that, but honestly, most don´t. What they promise in pre-sales is always a far cry from what is … Read More

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An Accountant´s Logical and Useful Advice to Improve Cash flow Forecasting

Anyone running a business knows the way to run a business efficiently is by making sure the cash flow forecast is up to date. Effective cash flow forecasting makes sure that you can anticipate different scenarios and prepare for them. … Read More

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Performance Canvas Financials will showcase its Cloud-based Budgeting and Reporting Software at the 2019 Microsoft Dynamics Annual User Group Summit in Amsterdam

Performance Canvas Financials is joining the annual user group summit in Amsterdam, Netherlands on March 27 -29, 2019 to bring its subscription-based budgeting and reporting software closer to the users of Dynamics 365 finance and operations & Dynamics AX, Dynamics … Read More

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The Horror of Excel Spreadsheet Account Reconciliations

There are many things in this world that are hard to explain like why people seem to be so obsessed with the Kardashian or why you don´t have a fever when you are convinced you really have one or why … Read More

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5 Financial Forecasting Software Features for Realistic Forecasting

Financial forecasting is a dynamics process that requires revisiting quarterly or at least every time a major event takes place. That said many businesses are still forecasting using Excel spreadsheets which makes it harder for them to react fast enough … Read More

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Can A Financial Budgeting Software Be A Jack- of-All-Trades?

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 … Read More

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Budgeting and Financial Planning Software add-on to Microsoft Dynamics NAV, AX, and GP systems

Performance Canvas Financials is a complete and sophisticated budgeting and financial planning software that serves as an excellent complement to Microsoft Dynamics NAV, AX, and GP ERP systems. This budgeting and financial planning software works by streamlining the entire budget … Read More

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What Constitutes the Best Financial Budgeting Software?

Financial budgeting software is a tool that is meant to support the finance department´s execution of the budget process. The goal is that a company´s corporate financial budgeting should effectively link strategy and its execution. These days many decision makers … Read More

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Growing Business Budgeting as a Microsoft Dynamics NAV user

Business budgeting is one area of business that for many organizations have not received the focus and growth it deserves. Many are so caught up with big ERP implementations or other “more important” project roll-outs that budgeting is still tackled … Read More

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What Constitutes the Best Financial Budgeting Software?

Financial budgeting software is a tool that is meant to support the finance department´s execution of the budget process. The goal is that a company´s corporate financial budgeting should effectively link strategy and its execution. These days many decision makers … Read More

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Why CFOs Should Demand an AICPA SOC 2 Certificate from Their Cloud FP&A Software Vendors

Choosing the right business budgeting software or the right financial reporting software requires assessing beyond just price and features comparison. The reality is that most FP&A software out there can more or less offer a wide range of capabilities. The … Read More

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Reports-related KPIs for Finance Managers

Choosing what KPIs to measure for the finance department and its finance managers is always a tricky business. Do you measure KPIs that are important to track but your managers have little influence over? Alternatively, do you measure only KPIs … Read More

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