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.

How to Bolster Accountability in the Budgeting Process
Published: January 22, 2020
The budgeting process is the lifeline of a business. In the budgeting process, organizations can outline company financial and organizational goals. The budgeting process is also an avenue in allocating company finances. It is imperative, therefore, that the budgeting process describes the needs of the company explicitly, how to meet these needs, and who are the people responsible for meeting these needs. Accountability and transparency (Read More)
Message from the CEO
Published: January 1, 2020
Dearest colleagues and customers, A very happy new year to us all! I hope you all had a heartwarming celebration of the holidays with your (Read More)
Unlocking your Business’ Potential through Effective Metrics Management
Published: December 24, 2019
Performance management metrics is an essential activity in assessing company performance and productivity. It creates an opportunity for managers to effectively innovate projects based on (Read More)
Why some CFOs are hesitating on Cloud Reporting and Budgeting
Published: December 18, 2019
Change is scary, especially if it will bring out an unfamiliar setting as the company fears that it may bring loss, which it has not (Read More)
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 (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)