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The Financial Technology Report Names Scott Tynes of Consero Global One of the Top 50 Financial Technology CEOs of 2022

AUSTIN, Texas, March 29, 2022 (Newswire.com) – Consero Global LLC, a pacesetter in Finance as a Service (FaaS), today announced that its co-founder and CEO, Scott ...
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Consero Identifies the Four Tenets of Finance as a Service (FaaS): A New Standard of Service

What is FaaS and how does it differ from other outsourced accounting and finance alternatives? AUSTIN, Texas, February 8, 2022 – With the proliferation of ...
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Consero Named the Sage Intacct Accountants Program Partner of the Year for the Fifth Consecutive Year

AUSTIN, Texas, January 12, 2022 (Newswire.com) – Consero Global, the pacesetter in Finance as a Service (FaaS), announced today that it has been recognized as ...
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Consero unites to bring education to orphaned and vulnerable children in India

We all want to make a difference. Impacting the lives of orphaned children in India has been a priority of the employees at Consero. Over ...
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Consero Ranked Best BPO Service in Austin by Digital.com. The company was highlighted among the most trusted providers for outsourced finance & accounting, human resources, payroll, and other services.

AUSTIN, Texas, August 25, 2021 (Newswire.com) – Digital.com, a leading independent review website of tools, products, and services for small and medium-sized business, has announced Consero among the best ...
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Consero Ranks No. 2899 on Inc. Magazine’s List of the 5000 Fastest-Growing Private Companies in America: Finance as a Service continues to gain momentum with middle-market high-growth businesses

AUSTIN, Texas, August 19, 2021 (Newswire.com) – Inc. magazine revealed that Consero is No. 2,899 on the annual Inc. 5000 list, the most prestigious ranking of ...
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Consero Global LLC
1717 West 6th Street, Suite 410
Austin, TX 78703
866.588.0495

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Consero FaaS: Disrupting the Outdated Traditional F&A Model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