Fully Accountable Blog
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...
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...
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...
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,...
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,...
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...
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...
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...
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...
Economic State of Affairs June 2022
With inflation, the geopolitical status, and supply chain concerns still running rampant, we at Fully Accountable are constantly reminded that the pandemic wasn’t the only obstacle ahead. In this article, we’re looking at the economic state of affairs using a wide...
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