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Finance as a Service

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Resources

Events and Webinars

CFO Client Discussion with Wes Edwards, CFO of Multi-Location Healthcare MSO (backed by Sverica)

September 28, 2021
Consero’s Finance as a Service enabled the newly hired CFO to focus on being a strategic partner to the CEO with confidence that the basic ...
How Finance as a Service Helps Professional Service Organizations
Article

How Finance as a Service Helps Professional Service Organizations

September 24, 2021
Professional services have seen a tremendous boom in recent years, with the number of companies in this sector growing significantly over the last decade. Professional ...
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 ...
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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.
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Article

Finance as a Service (FaaS) vs. In-House Finance Department

August 10, 2020
FaaS offers a disruptive alternative to building an in-house finance team.
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Article

What is Finance as a Service? How it Works + Benefits of Outsourced Finance and Accounting

July 27, 2020
The Finance as a Service model is a modern alternative to building an in-house F&A department, in which a third party partner provides the people, ...
Woman and two men looking at computer
Article

In-House vs. Outsourcing Finance & Accounting: How to Decide Which is Right for Your Business

March 4, 2019
Evaluate whether you should leverage a finance and accounting partners or build your finance function in-house.
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Case Study

Gimmal Scales Operations and Drops Costs by 25%

January 6, 2019
PE-backed software company meets complex reporting requirements and reduces spend with Consero's Finance as a Service.
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Article

How Does the Finance as a Service Model Work?

October 4, 2018
Welcome to Consero Global! We are a Finance as a Service (FaaS) partner of many growth companies, as well as CEOs, CFOs, and investors. Why? ...
consero_inhouse_vs_outsource_infographic
Finance as a Service

3 main concerns when evaluating Finance as a Service

March 30, 2018
At Consero Global, your peace of mind is important to us. So, let’s discuss some potential concerns you might have when evaluating the Finance as ...
What's Included in FaaS
What's Included in Advisory Services
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Consero Global LLC
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