Why Do Accountants Need Data Analytics?

Posted on December 8th, 2022 in Accounting, Data Analytics, eCommerce Accounting

There is a vast difference between bookkeepers and accountants. The main reason for the growing disparity between bookkeepers and accountants is because of data analytics. Before data analytics, bookkeepers and accountants alike had to enter figures manually, leaving room for human error. With four types of data analytics, accountants can create dependable reports, diagnose issues, […]

What Is the Difference Between Outsourced Financial Analytics and Business Intelligence?

Posted on March 16th, 2022 in Data Analytics

Depending on who you ask, financial analytics and business intelligence (BI) mean the same thing. Most will agree the two processes fall under the same category. But at Fully Accountable, we understand real change occurs from mastering the details. That’s why we think it’s important to separate these two terms into their respective definitions.

What Is Cash Flow Analysis?

Posted on October 18th, 2021 in Accounting, Data Analytics, Money Management

Increasing your cash flow is essential for your company, no matter the industry. However, to increase your cash flow, you need to devise a tested, effective cash flow analysis strategy. But what is cash flow analysis and how does it improve this vital aspect of any business? Cash flow analysis involves more than just monitoring […]

What is Big Data & What Does it Mean?

Posted on June 30th, 2021 in Data Analytics

What Is Big Data? The term “big data” may confuse some. It can mean many things. And that’s fitting considering so many businesses, nonprofit organizations, and government agencies want to use it for their benefit. However, when you take a closer look at big data, it’s essentially large data sets that require a scalable infrastructure […]

Data Analyst vs. Data Scientist

Posted on June 23rd, 2021 in Data Analytics

In our modern business world, a company leader who fails to tap into the potential of big data is like flying an airplane with a blindfold on. Big data can help you understand market trends, consumer behavior, measure KPIs, and target inefficient processes. As a whole, big data can serve as a guide when making […]

5 Ways That Data Analyst Save Time

Posted on June 16th, 2021 in Data Analytics

If the old saying that “time is money” is true, then your business has no time to waste. Business owners across all industries need to constantly be looking for ways to save time and resources. Data Analysts are part of the answer. Over time, this can help improve the efficiency and effectiveness of your business […]

How Data Analytics Impact Companies

Posted on January 9th, 2020 in Accounting, Data Analytics

The big data revolution that we witness today has transformed companies and revolutionized the use of data as we know it. No leading company today disputes the use of advanced analytics for decision-making and its crucial role in transforming the industry. Given the significance that big data analytics has today, there is no denying that […]

Category: Data Analytics

Why Do Accountants Need Data Analytics?

What Is the Difference Between Outsourced Financial Analytics and Business Intelligence?

What Is Cash Flow Analysis?

What is Big Data & What Does it Mean?

Data Analyst vs. Data Scientist

5 Ways That Data Analyst Save Time

How Data Analytics Impact Companies

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