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Stay informed and find the solution to your finance and accounting challenges with Consero's research, events and webinars, case studies, and more.

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Events and Webinars

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 ...
Business man at desk frustrated
Article

Common Finance Mistakes Made by Private Equity Portfolio Companies

The finance and accounting team of a Private Equity portfolio company needs to deliver clear financial insights and do it quickly. However, these teams often ...
How the Finance Function Creates Value for Private Equity Portfolio Companies 1
CEO / CFO

How the Finance Function Creates Value for Private Equity Portfolio Companies

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, ...
consero_inhouse_vs_outsource_infographic
Case Study

How Consero helped BigCommerce grow from start-up to one of the year’s hottest IPOs

For the past nine years, BigCommerce relied on Consero’s Finance as a Service [FaaS] model and found that the tech-enabled service provider scaled up well ...
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Accounting Software

Where to Go When You Outgrow QuickBooks

There are several finance and accounting solutions for companies that have outgrown QuickBooks, but one clear winner.
What Are The Limitations of QuickBooks Online 1
CEO / CFO

What Are The Limitations of QuickBooks Online?

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 ...
Laptop page showing charts and graphs
Accounting Software

Are There Disadvantages of Using QuickBooks Online?

Some of the major disadvantages of QuickBooks Online include maintenance costs, the cost of additional features, and lack of control over your data.
Screenshot of QuickBooks logo and customer rating
Accounting Software

Why Companies are Outgrowing QuickBooks

Rapidly scaling businesses are finding that QuickBooks tools weren't built to grow along with and support their advanced reporting requirements. Fortunately, better alternatives are available.
Why Outsourced Finance and Accounting Services Are Cost Effective Solutions 1
CEO / CFO

Why Outsourced Finance and Accounting Services Are Cost-Effective Solutions

The traditional business structure incorporates various departments within an organization – production, advertising, marketing, sales, accounting, IT, HR, etc. Each department is led by the ...
How To Outsource Finance and Accounting Services 1
CEO / CFO

How To Outsource Finance and Accounting Services

The concept of outsourcing is relatively straightforward – it refers to contracting out a segment of the work that a company regularly performs in hours ...
How Outsourced Finance and Accounting Services Increases Business Efficiency 1
CEO / CFO

How Outsourced Finance and Accounting Services Increases Business Efficiency

If you want to meet regulatory requirements, increase profits, and reduce overhead costs, you should take advantage of finance and accounting outsourced services. With the ...
The Complete Guide to Outsourced Finance and Accounting Services 2020 1
Article

The Complete Guide to Outsourced Finance and Accounting Services

Financial planning and accounting are two critical components of running a successful business. This article will guide you through the concept of outsourced finance and ...
Finance Organization Strategy and Structure in 2020 1
CEO / CFO

Finance Organization Strategy and Structure in 2022

Growing the business, improving operational excellence and performance management, and executing business transformation are top priorities and responsibilities for most organizations in 2022. Yet, high ...
consero_inhouse_vs_outsource_infographic
Industry - Marketplace/eCommerce

Creating Value Out of the Finance & Accounting Function: 5 Common Mistakes PE-Backed Companies Make…And How to Fix Them

Private Equity firms need the Finance & Accounting team to deliver clear insights quickly. But too often, they are re-creating the wheel—implementing software, hiring professionals ...
2020 Finance Analytics 1
CEO / CFO

2020 Finance Analytics

Thanks to today’s digital technologies, the finance sector is doing things that were previously unimaginable. Tools such as end-to-end multi-dimensional data access, for example, make ...

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