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.

Top 3 Financial Challenges Companies Face and How to Fix Them
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, that is when things get ugly. Whether it’s from the bookkeeping process to account reconciliation, this could affect the reporting and planning function of the company. Here are the most common financial problems CEOs have to face: Poor cash flow (Read More)
Financial Planning amidst Stumbling Corporate Profits
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
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
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
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
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?
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)
3 Focus Areas for Account Reconciliations Automation
There are several reasons why a company´s close process drags longer than what anyone cares to admit. Account reconciliation is certainly one of the more (Read More)
5 Tips on How Businesses Can Prepare for a Recession
When you come to think about it, it has been 10 years since the last recession. Many things have happened since then. When we look (Read More)
4 Best Practices for a Faster Close Process
Ever wondered why controllers are so keen on attaining a faster close process? This is because the best measure of controller efficiency is the accuracy (Read More)