Resources

CEO / CFO

Is Finance as a Service Right for My Company?

Digital SaaS (Software as a Service) platforms have been the catalyst for several major disruptions, and they have also been gaining substantial ground in the ...
CEO / CFO

How Finance as a Service Improves Financial Visibility

CEO / CFO

FaaS Resiliency: Why Some Finance as a Service Providers Are Built to Last

The economic fallout from COVID-19 has already prompted the closure of one notable FinTech provider, leading some to wonder about the health of the rest of ...
CEO / CFO

Investor Roundtable: Raising Capital Amidst COVID-19 – Investors Perspective

(filmed June 4, 2020) Consero’s Private Equity Roundtables enable Investors & Portfolio CEO’s/CFO’s the opportunity to gain valuable understanding and share actionable information for the middle-market tech ...
CEO / CFO

How Does the Lifetime Value of a Customer Affect Recurring Revenue Businesses?

When developing and implementing a customer experience program, customer satisfaction and Net Promoter Scores are two important KPIs to track because they help your company ...
Back Office Holding Back 3
CEO / CFO

How Outsourcing Your Finance and Accounting Will Save You Time And Money

Sound financial management and accurate financial reporting are essential for any growing business. A skilled finance department requires full-time employees that may or may not meet ...
Back Office Holding Back 3
CEO / CFO

How Do I Better Understand The Financial Position Of My Company?

The financial position of your company is the primary concern of every investor. Your financial strength is a clear indicator of your overall progress. Understanding ...
CEO / CFO

How outsourcing your accounting makes you proactive

Every growing company can benefit from outsourcing accounting, and one of these benefits is being proactive. By this we mean that you can: Adequately prepare ...
Supply chain
CEO / CFO

3 ways to integrate finance with the supply chain

The supply chain is truly integral to the functioning of any business. Not surprisingly, it also consumes a large portion of a company’s operating expenses ...
Back Office Holding Back 3
CEO / CFO

3 digital tools to aid mergers and acquisitions

Mergers and acquisitions are unavoidable in the modern economy. The Institute for Mergers, Acquisitions and Alliances reported more than 50,000 such transactions occurred in 2017, ...
CEO / CFO

Best practices for driving digital finance in your back office

  Improvement is a key consideration for business leaders throughout the modern economy, and finance is no exception. While the core concepts of managing a ...
CEO / CFO

3 tips for improving relations between CFO and CEO

CEOs and CFOs have more skills and responsibilities in common than ever before. They also rely on each other to operate effectively in what could ...

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