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How Finance as a Service is Delivered with Pre-Built Integration to Enterprise-Level Financial Systems
Article

How Finance as a Service is Delivered with Pre-Built Integration to Enterprise-Level Financial Systems

December 3, 2021
In today’s highly digitized business environment, businesses need to move away from paper-based systems and turn to technology to remain competitive in the market. Finance ...
The Future of The Professional Service Sector
Article

The Future of The Professional Service Sector

October 12, 2021
There have been many significant changes throughout the past decade that have impacted how experts in the professional service industry work. The trends associated with ...
The Benefits of FaaS for Professional Service Firms
Article

The Benefits of FaaS for Professional Service Firms

October 5, 2021
Finance as a Service (FaaS) is quickly becoming one of the most popular ways for Professional Service firms to save money. Professional Services organizations, such ...
How Finance as a Service Helps Professional Service Organizations
Article

How Finance as a Service Helps Professional Service Organizations

September 24, 2021
Professional services have seen a tremendous boom in recent years, with the number of companies in this sector growing significantly over the last decade. Professional ...
What is The Importance of Accurate and Timely Financial Reporting for Saas Companies?
Article

Why is Accurate and Timely Financial Reporting Important for SaaS Companies?

September 7, 2021
Financial analysis and reporting provide valuable insight, enabling companies to stay compliant while making more efficient decisions about their income or expenditure-focused initiatives. Evidence-based reporting ...
Two people in business suits pointing at a chart
Article

What is a Good Monthly Recurring Revenue Growth Rate For a Business?

August 18, 2021
A 15-20% MRR growth rate is a good target for post-seed/pre-series A startups. Later, 10-15% month-over-month growth is a very good benchmark.
What is Monthly Recurring Revenue?
Article

What is Monthly Recurring Revenue?

August 10, 2021
What is monthly recurring revenue (MRR)? It might seem like a simple question, but this term can be difficult to explain. Put simply, MRR is ...
Three concentric circles of differing shades of light blue
Article

Monthly Recurring Revenue (MRR): Calculator, Formula & How to Track for Growth

August 4, 2021
Learn how to properly calculate and apply insights from one of the most important KPIs for recurring-revenue businesses.
Hand stacking blocks with dollar signs into a pyramid
Article

The Ultimate Guide to Monthly Recurring Revenue (MRR)

July 20, 2021
MRR is like a power plant for subscription-based businesses, fueling growth when understood properly.
The Ultimate Guide to Finance as a Service
Article

The Ultimate Guide to Finance as a Service

June 23, 2021
Finance as a Service (FaaS) can provide organizations with enhanced reliability, timeliness, and quality insight into their financial performance. This solution empowers SMBs to focus ...
Article

What is a Good Accounts Receivable Turnover? [+ How to Improve]

June 8, 2021
Higher AR turnover ratios indicate efficient payment collection, but more is needed to determine if your accounts receivable turnover is "good."
Business man at desk frustrated
Article

Common Finance Mistakes Made by Private Equity Portfolio Companies

February 3, 2021
The finance and accounting team of a Private Equity portfolio company needs to deliver clear financial insights and do it quickly. However, these teams often ...
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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