Insights & Successes

Case Studies

Take an in-depth look at a few of the many people and companies we’ve propelled forward with our FaaS Solution.

< Back to All Insights & Successes

"Why build everything from scratch when there’s someone with a checklist, and the experience to build something that can grow with you? That’s why Consero has been part of my play book and why I’m so proud of everyone on the Consero team who has leaned in so much to help get us to this point."

Robert Alvarez - CFO, BigCommerce
consero_inhouse_vs_outsource_infographic
Case Study

Consero helped PE-backed software firm get clean, accurate, audit-ready financials, and streamlined processes

Five Elms Capital’s portfolio company Flywheel was faced with the common dilemma of having accounting practices that didn’t keep up with the company’s growth but …

View Resource
Back Office Holding Back 3
Case Study

Private equity firms embrace Finance as a Service to ensure a swift and smooth due diligence

The Situation Read Full Case Study Sound financials are essential to exits, and with a $400 million transaction at stake, mobile banking company Hyperwallet needed …

View Resource
consero_inhouse_vs_outsource_infographic
Case Study

Setting up a successful rollup platform for $300M PE-backed software firm

How Consero helped large acquisition-driven business establish a rollup platform and accelerate acquisition returns. A large provider of systems and applications management software backed by …

View Resource
Case Study

The Keys to CFO success: Saving Time, Insightful Information, Transparency, and Scalability

Superstar CFO: Consero Helped Clear the Way By any measure, Robert Alvarez, CFO of BigCommerce.com, is a superstar. Robert and his team have helped BigCommerce.com …

View Resource
consero_inhouse_vs_outsource_infographic
Case Study

Strangeworks – Simplified management, reliable support, scalable solutions

Entrepreneurs turn ideas that can change an industry, market or even the entire world into fully functional companies. But they don’t do it alone: these …

View Resource
consero_inhouse_vs_outsource_infographic
Case Study

Gimmal Scales Operations and Drops Costs by 25%

PE-backed software company meets complex reporting requirements and reduces spend with Consero Global’s Finance-as-a-Service The Situation Founded in 2002, Gimmal is a records management company …

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Consero FaaS: Disrupting the Outdated Traditional F&A Model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