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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 / CFOPrivate Equity

How the Finance Function Creates Value for Private Equity Portfolio Companies

January 27, 2021
When we look at the typical finance and accounting function within a company, we’ll find a range of accounting activities – payroll administration, customer invoicing, ...
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CEO / CFO

Where to Go When You Outgrow QuickBooks

December 16, 2020
The Problem with QuickBooks QuickBooks is entry-level accounting software for small and medium-sized businesses, meaning that it comes with various drawbacks. First of all, it ...
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CEO / CFO

What Are The Limitations of QuickBooks Online?

December 9, 2020
In April 2019, Intuit Inc. (the creator of the QuickBooks accounting software) introduced new usage limits in QuickBooks Online (QBO) software, which affected the number ...
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CEO / CFO

Are There Disadvantages of Using QuickBooks Online?

December 2, 2020
There are a few versions of QuickBooks, and QuickBooks Online is perhaps the most popular online accounting software for SMBs because it is easy-to-use, affordable, ...
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CEO / CFO

Why Companies Are Outgrowing QuickBooks in 2022

November 25, 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

November 16, 2020
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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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Consero FaaS: Disrupting the Outdated Traditional F&A Model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