Spring 2024

CFO Survey:
Challenges and Opportunities for Investor-Backed CFOs

A survey of 100 investor-backed CFOs .

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Key Findings

of investor-backed CFOs report working with a finance and accounting partner.

0 %

of CFOs are experiencing a shortage of financial professionals

0 %

of CFOs are employing AI tools in financial reporting

0 %

“In order to cope with the rate of high employee turnover, I strive to create a better working environment and enhance the cohesion of the team, which makes me more effectively manage the financial department.”

- PE-Backed CFO | Technology

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Driving Change Through Finance & Accounting

2024 CFO Survey: Executive Summary

Investor-backed CFOs have seen significant value in having third-partner finance and accounting partners, particularly in addressing key challenges like:

Establishing clear financial processes
Managing post-merger and acquisition financial integrations
Achieving timely financial reporting.

Our research is this whitepaper identifies disparities in financial management between CFOs who utilize third-party partners or advisory services and those who do not, with partnered CFOs reporting better audit and funding event preparedness, and more efficient financial processes.

"In the financial merger after M&As, I need to coordinate the integration of different systems and processes to ensure the accuracy and consistency of financial data."

- PE-Backed CFO | Technology

Consero FaaS: Disrupting the Outdated Traditional F&A Model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