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the roi of outsourced finance

The ROI of Outsourced Finance & Accounting

The Finance as a Service solution offers growing organizations greater flexibility, efficiency, scalability, and cost savings than traditional F&A department building.
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The Latest Resources

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What’s Important to Finance Executives? Hamburgers.

We call this blog “Burger Wars”. It’s true, finance executives spend a great deal of time on critical measures like improving bottom line impact, reducing ...
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What’s Important to CFOs? Hamburgers.

by Bridget Howard It’s true, CFOs and finance executives spend a great deal of time on critical measures like improving bottom line impact and increasing ...
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CEO / CFO

Consero, 6th Street and Austin’s 2014 ACL Music Festival

Work life balance is very easy to come by when your headquarters is on Austin’s famous 6th Street. As the 2014 Austin City Limits music festival begins ...
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Back Office Holding Back 3
Private Equity

Why more private equity firms are developing shared services in finance & accounting

With investment firms still looking to deploy large amounts of money, competition for deals continues to be fierce.  For firms actively looking for new investments, ...
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Back Office Holding Back 3
CEO / CFO

Consero Answers: How Can I Grab a Piece of the Clouds Value for My Business?

Businesses are going for the cloud in a big way. Gartner just released its latest outlook for IT spending and it’s a real eye-opener. The ...
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Bill and Scott ACG Award 1
CEO / CFO

Consero Named Finalist for ACG Central Texas 2014 Growth Award

The ACG Growth Awards is an annual event that honors market-leading companies who make Central Texas the thriving business community that it is.  These companies ...
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Back Office Holding Back 3

Giving Back to Our Community: Consero Raises $13,000 for The Miracle Foundation

Consero launched a fundraiser in April of 2014 to support The Miracle Foundation, a nonprofit organization whose mission is to help orphaned children in India. ...
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Infographic: 7 Deadly Sins of Financial Management

Minding the books while gathering new insights from financial data to drive business growth is a struggle for every company.  Here are 7 resolutions to keeping your books ...
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3 Reasons Why Financial Outsourcing Is on the Rise

There is an upward trend of outsourcing in every area of business.  This trend is supported by an overall improving economy and rising revenue in ...
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1398690352-7-deadly-sins-financial-management-infographic

Three Reasons Why Financial Outsourcing is on the Rise

There is an upward trend of outsourcing in every area of business.  This trend is supported by an overall improving economy and rising revenue in ...
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Consero Bigcommerce Client Testimonial on Vimeo 2016 06 30 15 57 11 1

Robert, Alvarez, 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 achieve aggressive sales and financing goals. BigCommerce ...
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1398690352-7-deadly-sins-financial-management-infographic

Robert Alvarez, 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 achieve aggressive sales and financing goals. BigCommerce ...
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How Books Helped Austin’s Children After Flooding

It was early September when the Consero team decided to host a book fair for BookSpring as suggested by our Consero Team member Kristen Bridgeman ...
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BookSpring

How Books Helped Austin’s Children After Flooding

It was early September when the Consero team decided to host a book fair for BookSpring as suggested by our Consero Team member Kristen Bridgeman ...
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Back Office Holding Back 3 1
CEO / CFO

Will Your Back Office Stunt Your Company Growth?

Your objective is growth: steady, sustainable and accelerating. Can your back office financial operations support this growth without falling apart and adding non-scalable costs? Consider ...
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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