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CEO / CFO

How CFOs can enable their directors, and vice-versa

In a perfect world, the relationship between a CFO and his or her board of directors is a symbiotic one. Unfortunately for too many companies, ...
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Getting the right financial information to make growth decisions

This blog was originally posted by Sage Intacct Cash is still the leading factor for business growth, which means it can also present a serious ...
Back Office Holding Back 3
CEO / CFO

CFOs are on the offensive in Q4

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Case Study

How private equity-backed AppleCare leveraged Finance as a Service to accelerate growth

AppleCare’s finance team wasn’t just missing out on insights contained within accounting data. It also had patient billing information tied to electronic medical records that ...
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Whitepaper

Beyond Outsourced Accounting:
How “Finance as a Service” Provides Decision-Driving Insight for CEOs

Strategic finance has become the secret accelerator of high-growth companies where bets are bigger, risks are higher and the outcomes from decisions have lasting impact. ...
The new normal for IPOs and what it means for the rest of us 2471 40164935 0 14126503 500 495x334 1

IPO resurgence hides underlying skepticism

To understand just how much the world of corporate finance has changed in what seems like the blink of an eye, look no further than ...
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Understanding metrics in retail and services

  It’s common to think of businesses existing in two very general categories: those that sell a product and those that sell a service. But ...
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Emerging growth companies face looming deadline

A new class of companies, representing a large portion of U.S. businesses created in the last five years, may now be face a year-end deadline to enact ...
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Article

KPIs that every SaaS company should be measuring

Enabled by the ubiquity of the internet and adopted by businesses and consumers everywhere, the software-as-a-service model has proven itself a winner incredibly quickly. But ...
Overcoming financial hurdles in the MA process 2471 40162978 0 14128989 500 495x334 1
CEO / CFO

Rollup: How finance can prepare to execute a rollup

  Today’s corporate leaders are increasingly finding their traditional financial playbooks to be outdated to the point of obsolescence. Sales can be volatile, while low ...
How to win at rollups of any kind 2471 40163411 0 14065084 500 495x334 1

Rollup: why an inefficient finance function can roadblock success

For both private equity firms and small businesses with an appetite for intelligent investment, a rollup could promise remarkable returns on capital, reduced costs and better ...
Taxes

Common accounting mistakes

  Accounting mistakes are common among small businesses, but they are unique in their ability to inflict damage long after they initially appear in balance ...
CFO
Private Equity

Why CFOs struggle to measure risk

Organizational change is a primary driver of growth in business, but it’s also considered among the riskiest propositions in the executive playbook. According to the ...
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CEO / CFO

3 critical metrics behind recurring revenue

When companies can count a sizable portion of their income as recurring revenue, accounting and financial forecasting becomes much easier. But while these kind of ...
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Case Study

How CFO streamlined key finance and accounting procedures in an accelerated timeline

Every turnaround CFO has a story to tell. Many have walked into chaos and have taken years to establish order. As the newly installed CFO ...

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