ForwardAI Knowledge Center

Technology is transforming the landscape of small business accounting. Empowered by the automation and innovation fueled by artificial intelligence (AI), the cloud and blockchain — now, more than ever, accountants are expanding their roles as business advocates and advisors. It’s a Read more…

For some entrepreneurs, putting together your financial statements can seem like busywork. You have a business to run, so can’t your accountant just whip up what you need and send it off wherever it needs to go? Theoretically, sure. But Read more…

Few financial vital signs are as important as cash flow. Some of the best minds in business (and, surprisingly, hip-hop) have coined cash flow quotes musing about keeping an eye on money coming in and going out of a business. Read more…

Ideally, as a small business owner, you’ll know a lot about your company’s financials. But no matter how much time you spend deep in the books, there are some cash flow questions that you should absolutely be able to answer. Read more…

Financial ratios help small business owners who want a fuller picture of their company’s overall financial health. Ratio analysis takes raw financial figures and helps you uncover patterns and problems at a glance by establishing relationships between variables and providing Read more…

However, profit’s a deceptive metric for success that often only gives you part of the picture. For example, sales are recorded on a profit and loss statement, regardless of whether the customer has paid for them yet. While profit is Read more…

You need to find a solution for financing your small business. A momentary sense of panic hits. Whether it’s for a growth opportunity or a short-term cash infusion to cover expenses, it’s normal to feel overwhelmed or anxious as you Read more…

This article details the best business credit cards in the United States. To see the best business credit cards in Canada, click here. Travel miles, reward points and cash back — the reward programs for business credit cards almost as tempting Read more…

This article details the best business credit cards in Canada. To see the best business credit cards in the United States, click here. Looking for a credit card for your business? The research process for finding the best business credit Read more…

It’s already hard enough to open your bank account, scroll through your expenditures and remember exactly when and where you made each purchase. That task would become exponentially more difficult if you added your business expenses into the mix — you’d Read more…