Blogs

This space is Performance Canvas’ library of articles that touch upon the best practices in financial budgeting & planning, reporting & forecasting, and financial consolidation. Topics also include effective ways on how to use Performance Canvas as a FP&A solution for various business industries.

Optimizing Financial Processes through an FP&A software
Published: December 11, 2019
The financial process plays a crucial role in companies as budgeting, forecasting, and financial analysis assist major corporate decisions of the CFO, CEO, and the Board of Directors. Hence, the FP&A department must optimize their FP&A process and be more focused on delivering value. Since an optimized FP&A process will result in a more trusted and objective view of the company's performance that will help (Read More)
Three Reasons Why Finance Automation Fails for Some Businesses
Published: December 4, 2019
Finance automation has been one of the solutions of financial leaders in dealing with the stringent demands of accounting business financial transactions and producing reliable (Read More)
Five Hurdles to Effective Financial Reporting
Published: November 27, 2019
As can be deduced from its name itself, financial reporting is the reporting of all information relating to the financial transactions and its outcomes, for (Read More)
Top 3 Financial Challenges Companies Face and How to Fix Them
Published: November 6, 2019
No company operates without hiccups along the way. These problems come from different departments and business units. However, when these challenges are financial in origin, (Read More)
Financial Planning amidst Stumbling Corporate Profits
Published: November 6, 2019
Ever since 2012, corporate profits in the US has been mostly going down. That said, it did make a slight rebound in the second quarter (Read More)
Three Best Financial Planning Software of 2019
Published: November 6, 2019
Technology has now become closely intertwined with human lives. Furthermore, technology has created thousands of software options that have helped professionals in their work, like (Read More)
Corporate Sales Budgeting Module
Published: September 25, 2019
Everybody is aware data is king these days. It is the key to informed decision-making and therefore, the key to business success. Organizations have long (Read More)
Preparing for a Smarter Year-Round Budgeting and Planning for 2020
Published: September 18, 2019
And just like that, we are about to begin the last quarter of 2019. It is crazy how time flies. They say the best-in-class always (Read More)
Personalizing Patient Care through Financial Planning Software
Published: September 12, 2019
Private and public hospitals as well as elderly homes are trying to move towards a personalized patient care experience. The keyword being “trying” as it (Read More)
Commercial Reporting and Budgeting Software – Is it worth the Investment?
Published: August 28, 2019
Markets and businesses are showing signs of worry lately. Many businesses have started to be cautious in their spending to brace for potentially difficult times (Read More)