Fully Accountable’s Insights & Articles

Looking for resources? Browse our library for actionable financial and business advice for e-commerce, SaaS, digital marketing, and professional service companies. We cover essential accounting topics for digital businesses, from cash flow tools to inventory management best practices.

How Much Does an Outsourced CFO Cost?

How Much Does an Outsourced CFO Cost?

You know you need a CFO but don’t know if you can justify bringing on a full-time employee. You’re facing financial challenges and need a financially-minded strategist in your corner. If this sounds like you, an outsourced CFO might be your best. But how much do outsourced CFOs cost? How ...
Why Small Businesses Shouldn’t Fear Big Data

Why Small Businesses Shouldn’t Fear Big Data

Say big data and you will likely be greeted by either groans or gasps. In this blog, we’re uncovering how small businesses can use big data for small business to their advantage. It’s difficult to conceptualize a world where small business data analytics and big data coincide. But even ...
What are APIs and why should accountants care

What are APIs and why should accountants care

Technology connects the world. APIs facilitate that connection. But “what is an API,” you ask? API stands for Application Programming Interfaces and these platforms create connectivity between applications to increase efficiency, automate tasks, and improve the work environment for accounting ...
How Is Technology Shaping the Future of Accounting?

How Is Technology Shaping the Future of Accounting?

In the future, technology will no doubt be a critical component of every business. Accounting will be no different.  In this blog, we’re uncovering technology used in accounting. These technologies stand to shape the future of the industry. From cloud computing to automation, ...
Should I Use Accrual or Cash Method for Accounting?

Should I Use Accrual or Cash Method for Accounting?

Choosing between accrual or cash basis accounting depends on the size of your business and whether you need to present your financial information to shareholders. It also depends on your sales revenue and whether you’re a publicly traded company.  In this blog, we’re looking at the ...
Data Analytics for Accountants: Why Do They Need It?

Data Analytics for Accountants: Why Do They Need It?

There is a vast difference between bookkeepers and accountants professionals, particularly in how they leverage data analytics. The main reason for the growing disparity between bookkeepers and accountants is because of data analytics. Before data analytics, bookkeepers and accountants alike ...
The Benefits of Real-Time Reporting and Accounting

The Benefits of Real-Time Reporting and Accounting

Accounting technology has continued to evolve and shows no signs of stopping. In fact, 56% of accountants say that technology is increasing their productivity. As more and more businesses look for accelerated reporting, it’s important to understand how your business can utilize real-time ...
Should Your Startup Use an FaaS Company?

Should Your Startup Use an FaaS Company?

As a startup, you already have a lot on your plate. But as daunting as a startup seems, the truth is that business growth never comes easy--no matter what stage you’re in. What you do to get to $1 million is different from what it takes to get to $10 million. You need a finance department that ...
What Are the Benefits of Finance-as-a-Service Companies?

What Are the Benefits of Finance-as-a-Service Companies?

You’ve likely heard of the benefits of outsourced accounting services and how they can eliminate the challenges of an in-house accounting team. In fact, 78% of businesses all over the world feel positive about their outsourcing partners. However, business owners need to know that ...
Financial Strategy During Recession

Financial Strategy During Recession

Leading into a recession It might be necessary to make budget cuts during times of a recession. But you might not have to employ this technique if you look for innovation. More importantly, if cuts are necessary, instituting the right budget cuts can be the difference between life and death ...
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