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Stay informed and find the solution to your finance and accounting challenges with Consero's research, events and webinars, case studies, and more.

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the roi of outsourced finance

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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The Latest Resources

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Industry - Marketplace/eCommerce

Creating Value Out of the Finance & Accounting Function: 5 Common Mistakes PE-Backed Companies Make…And How to Fix Them

Private Equity firms need the Finance & Accounting team to deliver clear insights quickly. But too often, they are re-creating the wheel—implementing software, hiring professionals ...
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2020 Finance Analytics 1
CEO / CFO

2020 Finance Analytics

Thanks to today’s digital technologies, the finance sector is doing things that were previously unimaginable. Tools such as end-to-end multi-dimensional data access, for example, make ...
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Every Day is CX Day at Consero 1
CEO / CFO

Every Day is CX Day at Consero

The first Tuesday of every October is Global CX Day (Global Customer Experience). This is a day when the CX community celebrates the professionals and ...
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Finance Technology Optimization in 2020 1
CEO / CFO

Finance Technology Optimization in 2020

For a very long while, new market entrants found it difficult to break into the financial service industry. However, this is not the case anymore. ...
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Man standing in front of holographic 3D screen
Article

Key Initiatives of the Finance Function in 2020

Over the past several years, emerging technologies have had a significant impact on finance organizations. Companies feel increasing pressure to let go of their traditional ...
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Operational vs. Strategic Financial Leadership
CEO / CFO

Operational vs. Strategic Financial Leadership

The CFO (Chief Financial Officer) role has changed significantly over the past ten years. The traditional role of the chief financial officer included reporting, preparing ...
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Professionalizing the Finance Function in Your Company
CEO / CFO

Professionalizing the Finance Function in Your Company

Hiring a CFO might seem redundant when your business is still in its infancy. But if your company has successfully navigated the start-up stage, is ...
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What is Financial Leadership
CEO / CFO

What is Financial Leadership

Strong leadership plays a critical role in ensuring that organizations stay financially adaptable and are able to build resilience and sustainability in today’s fierce market. ...
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The Complete Guide on Financial Leadership
Article

The Complete Guide on Financial Leadership

In today’s shifting and highly globalized world economy, proper financial leadership and a well-organized finance function are proving extremely valuable to business longevity and success. ...
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Two pairs of hands going over a calculation
Article

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

FaaS offers a disruptive alternative to building an in-house finance team.
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Achieving a Higher Standard Amid COVID 19 1
Private Equity

Achieving a Higher Standard for the Finance Function Amid COVID-19

The standards still apply COVID-19 might feel like a reason to suspend the usual priorities, but now more than ever, the finance function at portfolio ...
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Is Finance as a Service Right for My Company 1
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 ...
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How Finance as a Service Improves Financial Visibility 1
CEO / CFO

How Finance as a Service Improves Financial Visibility

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partial image of person sitting in front of laptop with phone
Article

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

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, ...
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FaaS Resiliency 1
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 ...
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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