Insights & Successes

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James Sotoudehnia portrait

James Sotoudehnia

James serves as the Director of FP&A and his role primarily consists of supporting a set of clients with responsibility for managing their financial planning

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Jeff Stoss

For the last twenty-five years, Jeff has developed progressive experience in CFO and Strategic Finance and has already served Consero clients for several years. He

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Bruce Murphy portrait

Bruce Murphy

Bruce is an experienced finance professional skilled in guiding startups and middle-market companies across diverse industries. His 30+ years of experience spans accounting/finance, business operations

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Tom Pierce

Tom is the Managing Director of Consero’s CFO Advisory Services and directs all CFO advisory client engagements to provide CFO leadership; exit/sale process readiness; capitalization strategy and

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Tim Neville portrait

Tim Neville

Tim has over twenty-five years in corporate finance and FP&A, working for some of the largest financial institutions in the world. Over that time, he’s

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Home – NEW 2024

Finance & Accounting Solutions for Growth Stage Challenges Finance & Administration Expertise for Every Stage of Your Company Advisory Services Expert advice and strategies to

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Consero FaaS: Disrupting the Outdated Traditional F&A Model

Transformation
  • Cash to GAAP conversion
  • Clean-up work
  • Interim oversight & support
  • Accounting software Implementation

Build it Yourself Solution

  • CFO / Interim CFO
  • Consultants / VARs

Consero FaaS Solution

  • CFO / Interim CFO
  • or Consero Interim CFO
  • Consero Setup/Transformation
Ongoing F&A
  • Monthly financials
  • Daily accounting support
  • Management reporting
  • Integrate add-on acquisitions

Build it Yourself Solution

  • CFO
  • Controllers & Accounting Team
  • Enterprise Accounting Applications

Consero FaaS Solution

  • CFO
  • or Consero Fractional CFO
  • Consero FaaS Enterprise F&A Software and Services

New PE Platform Investment F&A Challenges

Founder Owned Company Accounting:
  • Existing accounting done on a cash/hybrid basis
  • Run on SMB accounting software and other disparate applications
  • Inability to produce auditable financials
  • Lack of know-how to develop projections & KPIs
  • No consistency/structure to customer contracts
  • Underqualified staff
  • Non-scalable manual processes
Carve-Out Accounting:
  • Required to move off parent company accounting applications in a timely fashion
  • Have to build an entire F&A team
  • No documented operational policies and procedures
To Optimized Finance & Accounting:
  • Monthly financials available in 5-10 business days
  • Audit and diligence ready support details
  • Integrated enterprise grade accounting software
  • Budget and forecast reporting
  • Business KPIs
  • Efficient & scalable processes for rolling in add-ons