Resources

CEO / CFO

3 finance & accounting trends that continue to deliver in 2022

  Finance and accounting continues to be the business function most primed for disruption through innovative technology. As in other examples of tech-enabled trailblazing, it’s ...
CEO / CFO

Building out an F&A team: Putting tech and talent to work

This guest blog by Consero was originally published by Accounting Today on April 12, 2018. In recent years, the key role of the CFO in ...
Back Office Holding Back 3
CEO / CFO

3 keys to IPO success

After a sluggish stretch, initial public offerings surged worldwide in 2017. According to data from Ernst and Young, last year brought the most IPOs and ...
CEO / CFO

Have you outgrown your accounting solution?

“If it ain’t broke, don’t fix it.” This adage serves as a common refrain in criticism of business management practices. Of course, time and again, ...
CEO / CFO

How CFOs enable growth through technology

In almost every industry, the role of the finance department has changed dramatically over just the last few years. Now there is greater pressure on ...
CEO / CFO

Positioning your company for success: key post-series A controls and processes

This guest blog by Consero was originally posted on Shoobx A Series A financing is usually a company’s first round of significant outside investment, and ...
CEO / CFO

Why better financial data leads to better decisions

As 2017 drew to a close, it was increasingly clear that U.S. business leaders and executives were heading into the new year with a strong ...
A provision of the Dodd-Frank Act protects internal whistleblowers.
CEO / CFO

Working With Executive Team on Company Growth & Exit Strategies

This was originally posted by the CFO Leadership Council The process of bringing your company to a place where you can exit successfully can easily ...
CEO / CFO

How CFOs can enable their directors, and vice-versa

In a perfect world, the relationship between a CFO and his or her board of directors is a symbiotic one. Unfortunately for too many companies, ...
Back Office Holding Back 3
CEO / CFO

CFOs are on the offensive in Q4

CEO / CFO

Rollup: How finance can prepare to execute a rollup

  Today’s corporate leaders are increasingly finding their traditional financial playbooks to be outdated to the point of obsolescence. Sales can be volatile, while low ...
CEO / CFO

3 critical metrics behind recurring revenue

When companies can count a sizable portion of their income as recurring revenue, accounting and financial forecasting becomes much easier. But while these kind of ...

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