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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  • CEO / CFO
  • Private Equity
CEO / CFO

Why Companies Are Outgrowing QuickBooks in 2020

If you run a small, order-centric business, QuickBooks is a practical finance and accounting solution. But if your company has recurring revenue or an assortment …

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CEO / CFO

Why Outsourced Finance and Accounting Services Are Cost-Effective Solutions

The traditional business structure incorporates various departments within an organization – production, advertising, marketing, sales, accounting, IT, HR, etc. Each department is led by the …

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CEO / CFO

How To Outsource Finance and Accounting Services

The concept of outsourcing is relatively straightforward – it refers to contracting out a segment of the work that a company regularly performs in hours …

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CEO / CFO

How Outsourced Finance and Accounting Services Increases Business Efficiency

If you want to meet regulatory requirements, increase profits, and reduce overhead costs, you should take advantage of finance and accounting outsourced services. With the …

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CEO / CFOService - Transactional Bookkeeping

The Complete Guide to Outsourced Finance and Accounting Services 2020

Financial planning and accounting are two critical components of running a successful business. This article will guide you through the concept of outsourced finance and …

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CEO / CFO

Finance Organization Strategy and Structure in 2020

Growing the business, improving operational excellence and performance management, and executing business transformation are top priorities and responsibilities for most organizations in 2020. Yet, high …

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Consero FaaS: Disrupting the Outdated Traditional F&A Model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