Insights & Successes

Articles

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

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CEO / CFO
Private Equity

Private Equity

What’s the Best Way for Early-Stage Private Equity Firms to Handle Finance and Operations?

July 11, 2023

The rapid growth of the private equity industry over the past decade is breeding a new set of PE fund managers and firm founders. A

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CEO / CFOPrivate Equity

What are the Secrets of Rock Star CFOs?

July 11, 2023

The CFO position has evolved considerably in recent years, from what was sometimes derisively called a “bean counter” in the past to more of a

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CEO / CFOInvestors

7 Ways to Boost Your Cash Flow Right Now

May 2, 2023

There’s a reason why cash flow has been called the “lifeblood” of a successful business. Companies can operate without profits for a period of time

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CEO / CFOInvestors

The Benefits of FaaS During Times of High Volatility and Uncertainty

May 2, 2023

The current market climate is as volatile and uncertain as it has been at any time since the Great Recession of 2008-2009. On top of

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CEO / CFOInvestors

Recession Survival Guide – Remember L.I.K.E. as You Plan for an Economic Slowdown

February 28, 2023

Depending on which economic forecaster you’re listening to, a recession or economic slowdown in the U.S. is probably likely sometime this year. Therefore, now is

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CEO / CFOInvestors

M&A Growth Considerations: Challenges with Carve-Outs and Roll-Ups

February 2, 2023

Chris Hartenstein, VP of Client Solutions, talks with us about carve-outs and roll-ups, which are two common strategies used in the corporate M&A world. Following

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Consero FaaS: Disrupting the Outdated Traditional F&A Model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