Insights & Successes

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Learn more about how Consero is solving the most complex challenges in the finance function in an accelerated timeline.

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The Benefits of FaaS for Professional Service Firms
CEO / CFOFinances

The Benefits of FaaS for Professional Service Firms

Finance as a Service (FaaS) is quickly becoming one of the most popular ways for Professional Service firms to save money. Professional Services organizations, such …

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The Changing Role of CFOs in Professional Services
CEO / CFO

The Changing Role of CFOs in Professional Services

In today’s highly volatile and uncertain business environment, technology has also played its part in the overall disturbance. The rise of cloud computing and automation …

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How Finance as a Service Helps Professional Service Organizations
CEO / CFOFinances

How Finance as a Service Helps Professional Service Organizations

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 …

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The Ultimate Guide to Monthly Recurring Revenue
CEO / CFO

The Ultimate Guide to Monthly Recurring Revenue

Monthly recurring revenue is a crucial metric for subscription-based SaaS companies. Understanding it can help you grow your company and improve customer satisfaction. Those who …

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How To Find The Best Finance as a Service Partner For Outsourcing
CEO / CFO

How To Find The Best Finance as a Service Partner For Outsourcing?

Running a successful business depends on efficient and accurate finance & accounting operations. In more recent years, numerous organizations have started outsourcing some of these …

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What Are The Challenges of Outsourcing With Finance as a Service
CEO / CFO

What Are The Challenges of Outsourcing With Finance as a Service?

Regardless of their size or industry, businesses need to have their financial transactions processed without the incidence of fraud or error. They also need to …

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Consero FaaS: Disrupting the Outdated Traditional F&A Model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