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Accounting Software

How Finance as a Service Helps SaaS Companies Grow

August 25, 2021
FaaS combines financial expertise with best of breed tech to automate the back-office and investor reporting.
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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 ...
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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.
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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.
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CEO / CFO

How to Find the Best Finance as a Service (FaaS) Partner

July 13, 2021
If you're here, you may have already found them. Use our checklist to ensure alignment.
What Are The Challenges of Outsourcing With Finance as a Service
CEO / CFO

What Are The Challenges of Outsourcing With Finance as a Service?

July 6, 2021
Regardless of their size or industry, businesses need to have their financial transactions processed without the incidence of fraud or error. They also need to ...
Accounting Controls

Consero Roundtable: Security and Controls in the Finance Function

July 2, 2021
Learn best practices in cybersecurity and what financial systems and internal controls can mitigate risk in the finance function and protect your business.
Case Study

Algo leverages Consero’s Strategic CFO Services to get the finance function in order before they could pursue acquisitions

June 30, 2021
Client leverages Consero’s Strategic CFO Services to get the finance function in order before they could pursue acquisitions. Background: PE-backed enterprise software company was looking ...
Case Study

Consero helps Managed Services Organization deliver “investment grade” financials

June 30, 2021
RMS Healthcare is the Managed Services Organization (MSO) that manages the Med First network of clinics. RMS knew its potential as a leading MSO but ...
What Is Outsourcing With Finance as a Service
Article

What Is Outsourcing With Finance as a Service?

June 29, 2021
In today’s highly disrupted and unpredictable business environment, operating a company, be it a startup or a multinational organization, will come with its series of ...
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 ...
Video Testimonials

Controller moves her role from transactional to strategic with Consero’s Finance as a Service

June 14, 2021
Michele Iovino, Senior Controller with RightNetworks, moves here role from transactional to strategic.
Mike Dionne, CFO of RightNetworks, in a blue shirt and gray background
CFO Support

CFO Transforms Role + Streamlines Acquisitions with Consero’s Fast, Flexible Solutions

June 14, 2021
Right Networks' CFO streamlined acquisitions, reduced time spent on routine tasks, and shifted focus to strategic growth with Consero.
How Do You Measure Your Customer Retention Rate

How Do You Measure Your Customer Retention Rate?

June 10, 2021
Many businesses focus their attention on getting as many new customers as possible to make sales. However, loyal customers are, in fact, the foundation of ...
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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