Resources

Article

How Can CFOs Navigate Their Business During COVID-19?

The entire world is facing a humanitarian and economic crisis unlike any we have seen in recent years. The spread of the COVID-19 pandemic has drastically changed ...
Article

The CFO’s Guide to Crisis Management and Business Continuity Planning

As the world finds itself in the grip of a worldwide viral outbreak, an overwhelming sense of uncertainty is felt everywhere. The nature of the ...
Back Office Holding Back 3
Article

How Better Accounting and Finance Can Help Control Costs

Introducing a cost control program and eliminating waste is critical in reducing costs and saving money in your accounting and finance department. Depending on your ...
Two pairs of hands, one pointing to charts and one using a black calculator
Article

What Is The Best Way To Get More Accurate Financial Data About My Company?

Maintaining accurate financial information is a top priority for companies across all industries. However, many private companies struggle to obtain timely and accurate financial data ...
Article

The Guide To Gaining Better Visibility Into Your Company’s Financial Performance

Improved visibility of your company’s financial performance is essential for its growth and longevity. When your accounting systems and reporting tools don’t give you valuable insight into ...
Two people with pens pointing to bar graph and pie chart
Article

How Private Equity Firms Help Their Clients By Outsourcing Finance & Accounting?

We can all agree that efficient communication is the most critical bridge between private equity firms and their clients. Since regulatory requirements are constantly changing, ...
Article

The 5 Laws of Cash Management in a Crisis

Everyone understands that cash management is a top priority when trouble hits, but the scale and intensity of the fallout from COVID-19 leaves little room ...
Man holding a dollar sign with other blue icons and private equity in white text
Article

How Does BPO Financial Accounting Work For Private Equity Firms

Business process outsourcing (BPO) has seen a considerable increase in market demand during the last few years. According to research, the BPO industry is expected ...
Article

COVID19: Making finance remote (and resilient)

In the wake of COVID-19, businesses must remain agile and disciplined, which requires making finance teams fully operational out of the office. Consero’s President Bill ...
Article

How Private Equity Firms Maximize Portfolio Value by Outsourcing Finance & Accounting

To strengthen and continuously improve their private equity portfolio, private equity firms need to go beyond the traditional role of being a mere provider of ...
Article

How Could Outsourcing Finance & Accounting Help Your Private Equity Firm?

To achieve the level of productivity and efficiency that allows a private equity firm to maintain financial stability and ability to scale, many PE firms ...
Article

The Guide To Outsourcing Finance & Accounting For Investor-Backed Businesses

If you want to grow your business as a private equity firm, lowering operational costs and maximizing ROI across all portfolio companies should be your ...

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