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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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  • All
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  • Controls, Governance, Compliance
  • Exit Strategy
  • Finance & Accounting
  • Finance as a Service
  • Financial Leadership
  • Flex Resources
  • Funding Events
  • Investment Managers
  • Mergers and Acquisitions
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  • Nonprofit
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ArticleArtificial Intelligence

How Automation and AI Will Reshape the Financial Close

Leveraging advances in automation and artificial intelligence will transform empower financial teams to achieve greater accuracy, efficiency, and strategic value in the financial close process.
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ArticleControls, Governance, Compliance

A new revenue recognition standard for GAAP companies

All companies in the US, mostly private companies that follow the U.S. Generally Accepted Accounting Principles, or GAAP, need to start implementing the new revenue ...
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Several business people standing in board room
ArticlePrivate Equity Solutions

What should private equity firms do if their portfolio companies are always late in providing financials?

In our cooperation with many private equity firms, we’ve realized one thing – they all have very similar problems with their portfolio companies. It is ...
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consero_inhouse_vs_outsource_infographic
Service - Transactional Bookkeeping

Why do private equity portcos struggle with their finance & accounting function?

Everything changes. We’ve changed the way we taxi. We’ve changed the way we get our groceries. We’ve even changed the way we watch TV. So, ...
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Business team gathered around table from the shoulders down
ArticleTalent

Finance & Accounting Turnover: Why Key Members Leave + What to Do

Key members tend to leave F&A teams when they're overworked and lack the tools to be successful. Third party providers help address the core reasons ...
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Woman and two men looking at computer
ArticleFinance as a Service

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

Evaluate whether you should leverage a finance and accounting partners or build your finance function in-house.
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Business people looking at tablet with charts
ArticleReporting

Why PE portfolio companies struggle to generate timely & accurate financials

The private equity firms of the world deal with a lot of money – the whole market is worth around 3 trillion dollars according to ...
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ArticleExit Strategy

How does Consero prepare a portfolio company for the exit?

Every private equity firm out there, when they make an investment and acquire a company, they are already thinking about their end game – their ...
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ArticleCFO Support

Why does private equity often fail at hiring the right CFOs?

First of all, we have to start by saying that this is a very hot topic right now. Many people want to be Chief Financial ...
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ArticlePrivate Equity Solutions

5 Reasons Private Equity Firms use Finance as a Service (FaaS)

PE firms are turning to Finance as a Service (FaaS) partners to handle finance and accounting at portfolio companies.
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ArticleTalent

Five ways to reduce turnover in the finance department

According to Consero’s 2024 data, attracting and retaining talent are one of the top challenges for investor-backed CFOs. Employee turnover is natural for any business, ...
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ArticleFinance & Accounting

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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ArticleMetrics

5 Metrics Private Equity Investors Want to See

During the due diligence process, PE investors look at key metrics to feel confident in your company's financial health and growth prospects before investing.
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CEO / CFO

How outsourcing your accounting makes you proactive

Every growing company can benefit from outsourcing accounting, and one of these benefits is being proactive. By this we mean that you can: Adequately prepare ...
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ArticlePrivate Equity Solutions

7 Things Private Equity Firms Look For in Companies

These characteristics show PE firms that a business is a compelling investment opportunity to add to their portfolio.
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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