Fully Accountable Blog
Finance vs. Accounting: What’s the Difference?
As you evaluate your company's financial needs, it can be stressful to determine where to invest your money. You can improve your company's financial outlook in many ways, but hiring an accountant or a financial analyst can make a significant impact. While...
What Are the Types of Accounting Software?
If you’re trying to streamline your finance department, accounting software solutions are an essential component. The fast-paced business environment of today demands you automate elements of your accounting process so you can focus on larger initiatives and your...
What Software Does a CFO Use?
Software tech stacks have never been more integral for businesses. And they're only going to become more important. Your business, regardless of its size, needs technology to survive in today's landscape. But what software does it need, does your financial team have...
How Do You Automate Your Accounting Processes?
No matter what industry you’re in, speed is critical. Whether you need to make short or long-term decisions, the modern business world demands automation. Without automation, the speed of the modern world will drown your business. This is especially true when it comes...
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...
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,...