SMBs Get Connected with Enterprise-Level Accounting Solutions

Consero is a Latin word that means “To Join” or “Connect”. In this video, Bill Klein, President of Consero Global, outlines why he and Scott Tynes chose this name for the company they founded in 2006. They encountered so many companies that lacked access to basic financial information and were drowning in all the financial decisions they had to make on a day to day basis. Bill and Scott knew that finance & accounting could efficiently create understanding and certainty to drive businesses forward.

Consero’s goal is to join companies together with an enterprise-level finance and accounting solution that provides them with the people, process and software that their businesses need to succeed. We give companies the proven process and the tight financial controls to efficiently manage their financial activities. This frees up their time so they can focus on strategic initiatives. Next, we deliver complete and comprehensive financial reporting so companies can actually make informed decisions about their business.

While some companies understand that their financial system is broken, they are very hesitant to change. Consero has the proven experience with over 200 company implementations, so we can quickly upgrade a company’s financial process with minimal disruption. Within weeks not months, companies will now have a complete picture of the overall health and direction of the financial performance of their business via high level metrics and key performance indicators (KPIs). Plus, companies can access all their financial information on demand, with up to the minute reporting on financial standing via iPad or laptop. With our talented people, proven experience and robust software, we help businesses efficiently solve their financial difficulties so they can drive their business forward.

Consero FaaS: Disrupting the Outdated Traditional F&A Model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