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.

The Ideal Budgeting, Planning, and Forecasting Software for Your Finance Team
Published: September 15, 2020
Many companies are now turning to cloud financial planning and analysis solutions for its ability to deliver integrated capabilities and better value to the business. With organizations navigating a more complex economic landscape, FP&A software is crucial to guiding CFOs to make important decisions, minimize risk, and help them be more ready to face the future. If you’re worried about what features will best fit (Read More)
The Benefits of Cloud Planning and Budgeting Software
Published: September 8, 2020
As a company grows, many are challenged to make financial planning and budgeting more adaptable to its changing needs. Deciding to retain their current on-premise (Read More)
Deadly Mistakes in Financial Consolidation Most People Make
Published: September 1, 2020
Today’s CFOs are under increasing pressure to comply with reporting and compliance requirements. Finance teams worldwide are starting to realize that spreadsheets alone are no (Read More)
Learning How to Prepare a Cash Flow Statement for Your Business
Published: August 25, 2020
Successful businesses need to have adequate access to cash. Companies need to fund their daily operations and expenses, pay taxes and loans, and purchase new (Read More)
How Cloud-based Financial Planning Solutions Improve Budgeting and Planning Processes
Published: August 18, 2020
As organizations navigate through a competitive and continuously changing business landscape, having to budget, plan, and forecast at the same time can be challenging. There’s (Read More)
Best Practices for an Effective Financial Reforecasting
Published: August 11, 2020
Corporate budgets can change rather quickly especially amidst changing market conditions. When you find that your budget is becoming obsolete after being impacted by various (Read More)
The Top Causes of Inaccurate Forecasting
Published: August 4, 2020
Every growing business needs accurate financial forecasting to track how well the company is doing in meeting its goals and if it’s cruising steadily in (Read More)
Why Excel Is Risky for Financial Reporting and Analysis
Published: July 28, 2020
For many years, Excel has been known as the go-to software for finance and accounting teams. And though most of us have used Excel at (Read More)
Why CFOs Should Leverage Financial Technology to Drive Business Growth
Published: July 21, 2020
For many CFOs, the past few years have seen a massive change in their role. According to Deloitte, many CFOs today have seen a change (Read More)
How CFOs Can Help Businesses Respond and Recover from COVID-19
Published: July 14, 2020
With so many businesses facing the uncertainty of what may come in the future amidst COVID-19, CFOs are faced with a tremendous challenge to help (Read More)