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.

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 Board of Directors. Hence, the FP&A department must optimize their FP&A process and be more focused on delivering value. Since an optimized FP&A process will result in a more trusted and objective view of the company's performance that will help (Read More)
3 Focus Areas for Account Reconciliation Automation
Published: August 22, 2019
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
Published: August 19, 2019
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
Published: July 29, 2019
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)
5 Best Practices in Journal Entries that Helps Optimize your Accounting Process
Published: July 22, 2019
Achieving a painless and faster close is every finance department´s dream. However, one of the devils of a financial close for many organizations is the (Read More)
Guest Post: A Collection of The Most Powerful Excel Tricks for Analyzing Data
Published: July 19, 2019
The type of data that analysts have to deal with can range from simple sales and inventory to something as sophisticated as scientific and social (Read More)
How Millennials Transform Finance through Technology
Published: July 16, 2019
Millennials - people born between 1977 and 1995 otherwise referred to as generation why now make up the majority of the global workforce. Millennials are (Read More)
The Best SaaS Financial Reporting & Budgeting Software for Dynamics 365 ERP Users
Published: July 9, 2019
You pay a significant chunk of money for your chosen ERP system and expect it to address all of your business needs across various departments. (Read More)
Top 3 Most Useful Tips on How to Create Decision-driving Board Reports
Published: July 3, 2019
Finance personnel are the people within the company that are asked to generate reports for the board. Rightfully so, it is because they are the (Read More)
3 Critical Items that Define the Best Budgeting Software
Published: June 26, 2019
Times have changed. Google and Bing are the best friends of buyers these days. For accountants looking to improve the way they do budgeting and (Read More)