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Strategic Finance Solutions for Long-Term Financial Health

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Make informed decisions and enhance your growth with Nimbl’s customized financial strategies. Nimbl unites the expertise of accounting departments, managed IT, and financial analysts. Our solutions start by optimizing backend accounting to create an integrated ecosystem. With 15 years in cloud accounting, we provide custom reports, insightful analyses, forecasts, and reinvestment opportunities for sustainable growth. […]

What Is Financial Reporting & Why Is It Important?

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Ready for a wild statistic? According to business-mentoring firm Score.org, over 80% of small businesses fail because of cash flow issues, often due to poor financial oversight. This is exactly why financial reporting is so critical. As the cornerstone of effective business operations, it offers business leaders a clear snapshot of their company’s financial health […]

Cloud Accounting: What It Is, How It Works And Its Benefits

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Accountancy has experienced a paradigm shift driven by market demands like generational changes, industry regulations, digitization, and client preferences. In response, many accounting firms embraced cloud-based software—with over 60% using cloud accounting technology—alongside business owners handling their own books. This transition offers tangible benefits, as cloud platforms lower operational costs, improve efficiency, enhance data security, […]

Criteria for Choosing the Best eCommerce Accounting Software

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The success of your online business hinges more on your accurate accounting and streamlined financial management than you might care to acknowledge—which makes your accounting software one of the most impactful implementations in your tech stack. You need a solution that addresses every element of accounting, including budgeting, reporting, 1099 filing, bookkeeping, and revenue tracking. […]

Understanding eCommerce Accounting Fundamentals

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eCommerce accounting involves tracking and recording all financial transactions of your online business. It integrates data from different payment gateways and platforms while addressing unique complexities to ensure accurate reporting. Beyond the scope of most business’ accounting needs, eCommerce accounting must account for (extremely) diverse tax regulations, multi-currency transactions, global sales, and high transaction volumes. […]

What Is SaaS Accounting?

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SaaS accounting refers to recording, calculating, analyzing, and interpreting the financial data of your SaaS business. Unlike traditional accounting, the process has unique attributes when dealing with subscription models. The delay between subscription payment and service delivery (i.e., performance obligation(s)) requires SaaS businesses to account for deferred revenues, recurring revenues, and irregular cash inflows. It […]