Businesses encounter financial difficulties that multiply at an exponential rate when they expand their operations. The financial requirements of growth-stage companies exceed basic bookkeeping and accounting needs because they need strategic financial leadership. The...
Internal audits are critical for evaluating a business’s financial health and ensuring compliance with regulations. But for many e-commerce and digital companies, staffing a full-time financial team isn’t always feasible. That’s where fractional controllers come into...
Showcase a Sound, Profitable Opportunity Securing investor confidence requires a deep understanding of your company's financial health. Accurate, insightful financial reporting plays an essential role in attracting and convincing investors that your business is a...
Running an e-commerce business is exciting, but it comes with its own set of challenges, especially when it comes to managing finances. Between tracking sales, managing inventory, and ensuring compliance with tax regulations, accounting can quickly become a headache....
Managing risk is a critical aspect of running a mid-sized business, and yet, many companies find themselves vulnerable due to a lack of specialized financial leadership. For businesses that forego hiring a CFO or attempt to handle complex financial matters...
A solid understanding of accounting data analytics is paramount for businesses attempting to stand out. With valuable financial insights procured through accounting data analytics, it's possible to optimize revenue, reduce costs, and even predict a company's financial...
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,...
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 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...
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...
