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.

What Is Performance Reporting?
Published: October 27, 2020
No business can fully thrive for long without adequate performance reports that help it make sense of and review the state of its financial operations. Performance reporting helps companies identify growth opportunities and understand their overall performance to tailor their strategy to achieve their business objectives. Still, many businesses today lack a proper performance reporting system. In this article, we’ll explore why performance reporting is (Read More)
Understanding the Power of Accurate Financial Statements
Published: October 20, 2020
In every investment decision, accurate financial reports and statements play a significant role in helping company decision-makers decide what path would be best to take. (Read More)
How to Boost Balance Sheet Integrity in 5 easy Steps
Published: October 13, 2020
With so many global markets expected to hit a recession by the end of the year, it’s no wonder why many organizations are starting to (Read More)
The Perfect Excel Replacement for Financial Reporting, Budgeting, Planning, and Consolidation
Published: October 6, 2020
Excel has been an easy and go-to solution for most business professionals' various tasks, both financially-related or otherwise. Over the years, many of its users (Read More)
The Growth and Benefits of SAAS Budgeting and Forecasting Software
Published: September 29, 2020
Are you still reliant on spreadsheets for your budgeting and planning? Are your teams starting to face problems that impact the efficiency of your operations? (Read More)
The Importance of Profitability Analysis
Published: September 22, 2020
For any growing company, profitability analysis is crucial to identifying new growth opportunities that can help drive the business forward. For companies trying to stay (Read More)
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. (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)