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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
  • Accounting Software
  • Artificial Intelligence
  • Audits & Due Diligence
  • CFO Support
  • 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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ArticleFinance & Accounting

The complete guide to outsourcing finance and accounting

Because an organization’s financial operations are a core function and crucial to sustaining its long-term success, it’s easy to assume that its finance and accounting ...
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Person in suit pointing to accounting table
ArticleFinance & Accounting

How to Keep Track of Your Company’s Financial Health

Keeping track of your company’s financial health is crucial because it’s the only way to measure how your business is doing financially. Doing that can ...
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Accounting SoftwareArticle

The Benefits of Moving to a Consolidated Financial Platform

Many growth companies today still use in-house financial and accounting teams. It was the norm in the past, and it’s still useful today in some ...
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Back Office Holding Back 3
ArticlePrivate Equity Solutions

Graceful exits: Why Private Equity firms embrace Finance as a Service to ensure a swift and smooth due diligence

Private equity firms shouldn’t discount the role that sound financial operations and processes can play in selling a portfolio company, says Chris Hartenstein of Consero ...
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47
ArticleFinance & Accounting

Valuation How the finance & accounting function has hidden risks for investors

Investors rely on valuation, i.e., several metrics and numbers that tell them an investment is worthwhile. These numbers and metrics must paint a good picture. ...
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47
ArticleCFO Support

How the CFO role is evolving with the corporate controllers becoming more crucial

Finance and accounting teams in high-growth companies cannot operate without high-level strategic guidance from a finance executive, like a CFO. In recent times, this is ...
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47
ArticleMergers and Acquisitions

Why mergers and acquisition deals often fail

Mergers and acquisitions (M&A) deals tend to fail. We all know that to be the case. Research supports this knowledge as well, as the rate ...
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47
ArticlePrivate Equity Solutions

3 ways private equity firms get post-acquisition value creation

Private equity firms experience many problems in the post-acquisition period. The portfolio company is acquired, but now what? How do you turn the company into ...
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47
ArticlePrivate Equity Solutions

The best type of CFO for a private equity-backed company

When private equity firms invest in a company, it is inevitable that changes will be made. There are several key factors that they look for ...
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47
ArticleFinancial Leadership

Strategic controller vs. operational controller

A day in the life of a Controller can be diverse. The basic function of the controller position is to be responsible for the accounting ...
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Approved 2. The future of finance 6 ways that Artificial Intelligence will change the finance department
ArticleArtificial Intelligence

The future of finance 6 ways that artificial intelligence will change the finance department

The finance department has been undergoing a lot of change in the past two decades. The modern technology of the 21st century has had a ...
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ArticleInvestor - Initial Acquisition

The carve-out conundrum: Effective steps to fast track the finance & accounting function

When a private equity firm carves out a business unit from its parent company, they’re left having to build a new infrastructure for that stand-alone ...
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ArticleCFO Support

Optimizing the finance function as part of your 100-day plan

Every private equity firm needs to have the finance function of their portco optimized through a 100-day plan. In most cases, the job is placed ...
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Back Office Holding Back 3
ArticlePrivate Equity Solutions

4 Things private equity should look for in an outsourced provider

Many private equity firms are looking to outsource their finance and accounting needs. We have long since reached a point where using a third-party provider ...
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ArticlePrivate Equity Solutions

Why private equity firms are turning to professional finance and accounting providers

It’s relatively well known today that private equity firms always turn to ROI when they are contemplating making specific buying decisions. PE firms do this ...
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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