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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 / CFOInvestors

Startup Funding Continues to Fall: How FaaS Can Help Boost Efficiency and Lower Costs for Investor-Backed Startups

August 5, 2022
After peaking at the end of last year, venture capital funding in North America has started to decline. Total venture dollar volume for the quarter
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Private Equity

Why Emerging Hedge Fund Managers Are Turning to Outsourcing

July 1, 2022
As the hedge fund industry grows and evolves, the fortunes of emerging managers are coming into sharper focus. While many larger funds have weathered the
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CEO / CFO

Driving Change Through Finance & Accounting What Issues Are CFOs Grappling with Today?

June 27, 2022
A company’s need for an optimized and rigorous finance and accounting (F&A) function becomes critical after it closes an investment from private equity and venture
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CEO / CFOPrivate Equity

How CFOs Can Better Manage Key Relationships

May 31, 2022
Consero’s COO and CFO Mike Dansby recently served as the moderator for a panel hosted by The CFO Leadership Council’s Austin Chapter. Members of the
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CEO / CFOPrivate Equity

Planning a Successful Exit: 8 Steps to Remain Funding Ready (Part II)

May 31, 2022
In our last article we explained the differences between private equity and venture capital, along with the various stages of venture capital financing. In this
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CEO / CFOPrivate Equity

Planning a Successful Exit: Understanding the Various Stages of Venture Capital Financing (Part I)

May 17, 2022
Like kindling to a campfire, most startup businesses need capital in order to grow. This capital comes in two main forms: debt and equity. Debt
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1717 West 6th Street, Suite 410
Austin, TX 78703
866.588.0495

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Consero FaaS: Disrupting the Outdated Traditional F&A Model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