Linkedin Youtube Facebook X-twitter
Main Menu

Finance & Accounting

< Back to All Insights & Successes

Resources

Accounting Software

Consero Offers Finance & Accounting Expertise for Every Stage of Your Company

November 15, 2024
Consero offers comprehensive and flexible solutions tailored to resolve your organization's unique finance and accounting challenges.
Business team in meeting with black text for Consero's Advisory Services
CFO Support

Elevate Your Strategy with Consero’s Advisory Services

May 27, 2024
Consero's Advisory Services are designed to address critical financial challenges for businesses at various stages of growth.
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 ...
How To Calculate Monthly Recurring Revenue
Article

How To Calculate Monthly Recurring Revenue

August 4, 2021
The MRR formula is average revenue per account (ARPA) multiplied by total accounts in the current month. Here's why this metric is so important for ...
Finance & Accounting

Sage Intacct Names Consero ‘President’s Club and SIAP Partner of the Year’

December 30, 2020
Visit the original businesswire article here. AUSTIN, Texas–(BUSINESS WIRE)–Consero Global LLC, the pacesetter in Finance as a Service, announced today that it has been recognized ...
Finance & Accounting

Consero First Mid-Market FaaS Provider to Offer SOC 1 Certification

December 15, 2020
Visit the original businesswire article here. AUSTIN, Texas–(BUSINESS WIRE)–Consero Global LLC, a leader in Finance as a Service (FaaS), today announced it now offers System ...
Finance & Accounting

Consero’s Fall Charitable Campaign Exceeds 115% of Goal

December 15, 2020
In the past five years, Consero employees raised more than $100,000 for the Miracle Foundation, an Austin-based 501(c)(3) charity that empowers orphans in the developing ...
Laptop page showing charts and graphs
Accounting Software

Are There Disadvantages of Using QuickBooks Online?

December 2, 2020
Some of the major disadvantages of QuickBooks Online include maintenance costs, the cost of additional features, and lack of control over your data.
Screenshot of QuickBooks logo and customer rating
Accounting Software

Why Companies are Outgrowing QuickBooks

November 25, 2020
Rapidly scaling businesses are finding that QuickBooks tools weren't built to grow along with and support their advanced reporting requirements. Fortunately, better alternatives are available.
Finance & Accounting

Finance as a Service Hits Record Growth: Consero Ranks #21 in Central Texas’ Fastest Growing Companies

November 6, 2020
Visit the original businesswire article here. AUSTIN, Texas–(BUSINESS WIRE)–Consero Global LLC, a leader in Finance as a Service, has, for a third time, been recognized ...
Article

The Complete Guide to Outsourced Finance and Accounting Services

October 27, 2020
Financial planning and accounting are two critical components of running a successful business. This article will guide you through the concept of outsourced finance and ...
Four men in business suits shaking hands
Article

What are the services provided by an outsourced finance & accounting firm?

February 10, 2020
When the CFO and finance department spend all their time trying to keep their financial statements and records straight, there is little time left to ...
What's Included in FaaS
What's Included in Advisory Services
Industries We Serve
Contact Us

Consero Global LLC
1717 West 6th Street, Suite 410
Austin, TX 78703
866.588.0495

Privacy Policy  |  Cookie Policy  |  Terms of Use
SOC 2 Type II Certification in blue text and AICPA logo
Sage Partner in green and white letters

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