Category: Finance-as-a-Service

Finance vs. Accounting: What’s the Difference?

Finance vs. Accounting: What’s the Difference?

Posted on April 20th, 2023 in Accounting, eCommerce Accounting, Finance-as-a-Service

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 similar in many respects, accounting and finance handle financial information in distinct ways. […]

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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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