Fully Accountable Blog
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...
How to Adapt Your Financial Strategy During Times of Inflation
Unchecked inflation has sparked fears of a recession across the globe in the wake of the COVID-19 pandemic and the Russian invasion of Ukraine. During times like these, a sound and comprehensive financial strategy is the only thing that can prevent your company...
What Should You Consider in Your Mid-Year Financial Review
As a business owner or executive, the summer is one of the best times to re-evaluate your progress from the previous six months and devise a financial strategy that works for your business. Conducting a mid-year financial review is the simplest way to do so. But...
What Is the Difference Between an Operational CFO and a Strategic CFO?
If you have a company of your own or you’re an executive at a company and you're wondering how to maximize revenue and profits, you understand just how critical your CFO is. However, many people might not know that there are different types of CFOs. Among the...
Maintaining Your Business Balance Sheet This Summer
Maintaining your balance sheet is no easy task. But doing so can help you take advantage of your cash flow and revenue. Planning your balance sheet helps you understand your assets, liabilities, and shareholder equity, which are all critical aspects of your overall...
Cash Flow Budgeting This Summer (2022): How Are You Progressing Toward Your Financial and Operational Goals?
Cash flow budgeting is a critical part of business success and you should understand how to maintain a positive cash flow throughout all of your business’s seasons. In this article, we’re taking a deep look into how businesses can maintain a positive cash flow this...
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