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.

Business Intelligence Trends and Predictions for 2021
Published: January 26, 2021
The role of finance has dramatically shifted throughout the years. Having access to reliable data plays a central role in helping finance teams better analyze performance and trends, improve operational processes, and drive organizations to meet their targets. With global companies continuing to navigate unpredictable markets in the midst of the ongoing pandemic, here are top business intelligence (BI) trends that we expect to see (Read More)
How to Make an Operating Budget For Your Business
Published: January 19, 2021
When it comes to managing your business finances, having an operating budget is a must. Not only does it help you manage your current and (Read More)
6 Critical Technology Tips for your Business this 2021
Published: January 12, 2021
2020 brought about profound changes in the way we work. Some businesses had to contend with a halt in their supply chains. Some had to (Read More)
Top Reasons Why Your Company Should Implement BI Solution in 2021
Published: January 5, 2021
With all the challenges many organizations faced in 2020, the new year promises a clean slate to start fresh and learn from all the mistakes (Read More)
Top Business Intelligence Trends for 2021
Published: December 29, 2020
What will the future hold for data and finance in 2021?  We’ve learned hard lessons throughout the COVID-19 pandemic, and we turn to the new (Read More)
BI Tools vs Excel in Financial Modeling this 2020
Published: December 22, 2020
All organizations thrive on data to monitor performance, track goals, plan for the future, and make critical business decisions. But as businesses scale up and (Read More)
3 Signs You Have Outgrown Excel for Your Corporate Financial Planning, Budgeting, and Forecasting
Published: December 15, 2020
In the world of business, Microsoft Excel has been a deeply ingrained part of our day-to-day tasks and work. It is especially prevalent in financial (Read More)
Setting Up FP&A Software Correctly
Published: December 8, 2020
Many organizations who have invested in modernizing their financial management system might face specific challenges in setting up their new software. Many of these companies (Read More)
The Challenges of FP&A using Legacy Systems
Published: December 1, 2020
Many financial institutions are looking to innovate to keep up with the changing times. CFOs often lead this change as they know how important it (Read More)
How to Effectively Implement and Use Cloud Financial Solutions
Published: November 24, 2020
Many companies are turning to cloud financial reporting software for its scalability and the many advantages it can offer their business. Contrary to what many (Read More)