Category: FA Services

How to Monitor Cash Flow

How to Monitor Cash Flow

Posted on May 18th, 2023 in Accounting, eCommerce Accounting, FA Resources, FA Services, Scaling & Business Growth, Small Business

Cash flow monitoring is the process of analyzing and projecting cash inflows and outflows to optimize cash flow. Effective cash flow monitoring ensures the business is liquid enough to cover its operating expenses, investments, and debt obligations. One of the main reasons cash flow monitoring is so important is that it allows businesses to make […]

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Understanding a Financial Statement Audit

Understanding a Financial Statement Audit

Posted on April 28th, 2023 in Accounting, eCommerce Accounting, FA Services

Presenting accurate financial statements is the backbone of any successful company. For one, doing your due diligence is your duty to investors and stakeholders, but just as important is following the laws and regulations that govern financial reporting. That is especially true for public companies, as federal bodies such as the Securities Exchange Commission demand […]

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

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

Posted on September 22nd, 2022 in Accounting, FA Services, Finance-as-a-Service, Technology

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, it’s important for business owners to know that Finance-as-a-Service (FaaS) is slightly different from an outsourced accounting […]

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Moving from Finance-as-a-Function to Finance-as-a-Service

Moving from Finance-as-a-Function to Finance-as-a-Service

Posted on September 22nd, 2022 in FA Services, Finance-as-a-Service, Money Management

For years, executives have conceptualized their finance department as an unexciting, yet necessary evil. Many companies still view their finance department as nerdy employees who gush over minutia, such as compliance and back office responsibilities. Thankfully, these misconpcetions are changing. The world of finance-as-a-function is drawing to an end and the new world of Finance-as-a-Service […]

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What Is Entity Management and How Can It Help Businesses?

What Is Entity Management and How Can It Help Businesses?

Posted on May 4th, 2022 in FA Services

Entity management describes the process an organization uses to manage critical business information and compliance documents. While you might not be aware of its significance, the presence of an effective, convenient, and organized entity management system is more important than ever. Because the internet increases organizations’ ability to expand, business entities, such as partnerships, trusts, […]

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What’s New In Accounting for 2022?

What’s New In Accounting for 2022?

Posted on February 3rd, 2022 in Accounting, eCommerce Accounting, FA Services, Taxes

The past two years have caused significant changes in virtually every industry and the accounting field is no exception. Not only has the pandemic expedited the migration from brick and mortar commerce to eCommerce, but companies are also starting to adopt innovative technologies such as artificial intelligence and blockchain technology. These developments have transformed the […]

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