Finance & Accounting

Resources

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Article

The complete guide to outsourcing finance and accounting

Because an organization’s financial operations are a core function and crucial to sustaining its long-term success, it’s easy to assume that its finance and accounting ...
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Article

How to Keep Track of Your Company’s Financial Health

Keeping track of your company’s financial health is crucial because it’s the only way to measure how your business is doing financially. Doing that can ...
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Article

Valuation How the finance & accounting function has hidden risks for investors

Investors rely on valuation, i.e., several metrics and numbers that tell them an investment is worthwhile. These numbers and metrics must paint a good picture. ...
Finance & Accounting

Consero Reunites Orphaned Children With Their Families – 2019 Miracle Foundation Campaign

Having raised more than $100,000 over the past 5 years, Consero has created miracles for children living in poverty With Mother’s Day not far in ...
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Article

How to get your F&A function at or under 1% of revenue

Here's how to build and optimize a lean and agile finance function.
Finance & Accounting

Business experts discuss the future of finance & accounting

Visit original Austin Business Journal article here The new world of financial technology — often referred to as fintech —leverages the traditional functions of finance ...
Featured Press Articles

Why the accounting or finance department is ripe for disruption

Visit original Austin Business Journal article here Bringing artificial intelligence and other software into a company’s finance function can have big benefits — improving transparency ...
Finance & Accounting

How CFOs navigate the future of finance

Visit original Austin Business Journal article here Top financial executives face a conundrum. Their personal and professional success and reputations ride on the ability to ...
Featured Insights & Successes

The ROI of Outsourced Finance & Accounting

The Finance as a Service solution offers growing organizations greater flexibility, efficiency, scalability, and cost savings than traditional F&A department building.
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Article

7 Signs It’s Time to Outsource Your Accounting

When growing businesses experience these warning signs, it's time to find a capable finance & accounting partner.
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Article

5 Finance Mistakes Small and Middle Market Businesses Make

Beginnings are always messy. If you run a small or even medium-sized business which is still shaky, there’s much work to be done to keep ...
Finance & Accounting

Consero awarded Sage Intacct President’s Club distinction – third year in a row

Sage Intacct has announced a record number of partners who have achieved membership in this year’s Sage Intacct President’s Club! This coveted sales and customer satisfaction ...

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