Insights & Successes

Articles

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

< Back to All Insights & Successes

Search
  • All
  • CEO / CFO
  • Private Equity
What is a Good Accounts Receivable Turnover
CEO / CFO

What is a Good Accounts Receivable Turnover?

The accounts receivable turnover (AR turnover) is a measure of a company’s effectiveness in collecting payments from its clients and customers. It is calculated using ...
View Resource
What is The Accounts Receivable Turnover Ratio
CEO / CFO

What is The Accounts Receivable Turnover Ratio?

How do companies measure their efficiency? How can they calculate whether the payments they’re collecting are enough to cover their expenses and finance their future ...
View Resource
What is The Accounts Receivable Turnover Formula
CEO / CFO

What is The Accounts Receivable Turnover Formula?

A good finance & accounting operation is at the heart of every successful business. It would be best to hire a professional Finance as a ...
View Resource
The Ultimate Guide to Accounts Receivable Turnover in 2021
CEO / CFO

The Ultimate Guide to Accounts Receivable Turnover in 2022

Accounting is essential for any business, no matter how big or small. Some company executives have in-house accountants to handle their finances, while others outsource ...
View Resource
CEO / CFOEvents

Consero Roundtable: Add-on Acquisition Readiness – Is your finance team ready for that next acquisition?

Recently, Chris Hartenstein, Consero’s VP of Customer Success, hosted a conversation about the role the finance function can play in an add-on acquisition strategy and ...
View Resource
CEO / CFOPrivate Equity

Common Finance Mistakes Made by Private Equity Portfolio Companies

A PE fund makes most of its investment returns by selling portfolio companies at a profit. Most portfolio firms are then sold to sophisticated buyers ...
View Resource

Consero FaaS: Disrupting the Outdated Traditional F&A Model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