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.

Performance Canvas Financials for Multi-segmented Business Units
Published: February 12, 2020
If you have not heard of Performance Canvas Financials, let us start by saying it is a complete CPM / FP&A solution that takes away the need for so many Excel spreadsheets when doing financial reporting, budgeting & planning, and fiscal consolidation. For those that are market-aware, Performance Canvas financials has been a solution of choice for organizations where Excel is primarily used as a (Read More)
5 Real-world Tips on How to Close the Books Faster
Published: February 3, 2020
The fast closing of books is one of the main objectives of the finance department as it means that their process is optimized and cost-efficient. (Read More)
Importance of Performance Management Metrics in Financial Process
Published: January 30, 2020
Companies set objectives that they strive to achieve to ensure success and that they perform well, even in a competitive industry. And these objectives may (Read More)
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 (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)