Tactical Solutions Can’t Fix Strategic Problems

Bill Klein, President of Consero Global explains that many companies realize they have a broken financial process and usually try to fix it by doing one of two things. They hire new people or a financial accounting consultant. Or they purchase new financial software. Unfortunately, neither of these choices addresses the crucial third piece in the puzzle: the process. Most new hires or financial experts don’t have the breadth of experience necessary nor are they usually working with financial software that is powerful enough to support your financial needs.

The key to fixing the broken financial process is combining the people, software and the process. We provide experienced people with enterprise-class financial software and implement a financial process that will work for each customer. Our team goes into an engagement with clear understanding of financial best practices backed by dozens of implementations under their belt.

The Consero Financial Solution is a completely managed financial solution that delivers companies with a greater level of financial insight and control. Once a company chooses Consero, we provide a quick implementation of our financial solution with minimal disruption to your business. Once operational, companies are now able access all their financial information on demand, with up-to the-minute reporting on financial standing via a phone, iPad or desktop.

Consero clients receive superior financial information to support executive decision making, reliable back office processes and greater operational scalability while reducing the time executives spend managing their finance function. With our talented people, robust software and proven process — you will be glad that you switched to Consero.

Consero FaaS: Disrupting the Outdated Traditional F&A Model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