Consero’s Subsidiary BTQ Financial Taps Renée Bonilla

NEW YORK, July 11, 2023 (Newswire.com) – Consero Global LLC, a pacesetter in Finance as a Service (FaaS), announced that its subsidiary BTQ Financial has named …

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Consero Taps IBM, 3Pillar Vet David Sawatzky as Chief Operating Officer

AUSTIN, Texas, June 6, 2023 (Newswire.com) – Consero Global LLC, a pioneer in Finance as a Service, named David Sawatzky as its new Chief Operating Officer …

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Consero recognized as one of the fastest growing companies in Central Texas, making the “Fast 50” for the fourth time

AUSTIN, TX, USA, November 29, 2022 /EINPresswire.com/ — Consero Global LLC, the pacesetter in Finance as a Service (FaaS), has, for a fourth time, been …

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Consero Named the Sage Intacct Accountants Program Partner of the Year for the Sixth Consecutive Year

AUSTIN, Texas, November 22, 2022 (Newswire.com) – Consero Global, the pacesetter in Finance as a Service (FaaS), announced today that it has been recognized as the …

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Consero Recognized by Accounting Today as Leading Finance as a Service Provider

Consero joins Accounting Today’s top 100 accounting platform resellers leveraging 3rd party software. AUSTIN, TEXAS (PRWEB) AUGUST 12, 2022 Consero Global, LLC is honored to be …

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Consero’s survey of 100 PE-backed CFOs finds them eager to tackle strategic initiatives, but often hindered by time-consuming basics

AUSTIN, Tex. — Today, Consero reported results of a survey of 100 PE-backed CFOs, done in partnership with Wakefield Research. The results found CFOs aware …

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Consero's Service Suite

Learn more about Consero’s Finance as a Service offering

Discover Why We’ve Earned Our Accolades

Consero FaaS: Disrupting the Outdated Traditional F&A Model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