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Why do startups fail The answers are surprisingly similar 2471 40161519 0 14129227 500 495x300 1

Why startups fail for the same reasons

They may be software developers convinced they’ve cracked the code to the next big idea in tech, or simply local shops that open up to ...
Why new accounting rules are costing time and money 2471 40161230 0 14113152 500 495x332 1

Deadline for revenue recognition rules leads to new accounting headaches

  In 2014, the U.S. Financial Accounting Standards Board announced the development of new standards for revenue reporting intended to streamline accounting practices across many industries. ...
Performing critical financial tasks is often far too much for a CEO to take on themselves even for a small business 2471 40160849 0 14119942 500 495x362 1
CEO / CFO

The finance solution set is broken. How do we fix it?

  The modern CFO faces some of the same challenges that have puzzled business leaders for a long time. According to a survey of CFOs ...
Seedstage valuation proves challenging 2471 40160229 0 14136454 500 495x400 1

Why not all corporate value is created equal

  Understanding and reporting on the financial value of any company is no easy task, but it’s arguably even more difficult for startups and early-stage ...
Outsourcing Team 5 495x400 1
Article

Strategic CFOs are gaining greater control through outsourcing

Chief financial officers (CFOs) struggle to strike a balance between strategizing long-term business goals, while ensuring that short-term tasks get completed. It’s difficult to focus ...

Common misconceptions about workplace productivity

In any widely read success story, whether for a top-performing executive, an investor who made the perfect bet or a TV producer who sparked a ...
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Article

Transaction processing a prime target for improvement

Most CFOs are already well aware of the fact that routine transaction processing is costing their finance and accounting teams time, money and growth potential. ...
One trend thats remained consistent across industries is the reliance on outsourcing and shared services for FA tasks 2471 40158587 0 14123284 500 495x336 1
CEO / CFO

How executives can enable a strategic CFO

What does it mean for a chief finance officer to be strategic? More urgently, what is required of chief executives to enable the deep insight ...
Bill Klein, former Consero President
Financial Leadership

How CFOs can run a better meeting

In corporate life, it seems like meetings are treated with equal amounts of praise and contempt. The most productive meetings are energizing and engaging, a ...
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CEO / CFO

Tech disruption requires vigilance from CFOs

Among the many daily dilemmas facing the average CFO is the crucial task of risk management. Finance leaders must always weave together efficient solutions to ...
How venture capitalist turn insights into winning investments 2471 40156742 0 14133545 500 495x334 1

Inside the mind of a startup investor

The prevailing conception of a venture capital investor, as they are generally portrayed in media, is that of a sharp-dressed executive with a penchant for ...
consero_inhouse_vs_outsource_infographic
Whitepaper

Outsourced F&A Lets CFOs Stay Focused On Growth

What keeps CFOs up at night? According to a recent survey from The CFO Alliance, most heads of financial operations at businesses all over the ...
How finance leaders and other executives can enable decision making ability 2471 40156583 0 14133286 500 495x342 1
CEO / CFO

Why building an effective F&A department is so difficult

When it comes to organizing and leading any business, it can be easy to point to its strengths in times of growth, but often difficult ...
consero_inhouse_vs_outsource_infographic
Infographics

In-house vs. Outsource Infographic

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CEO / CFO

Changing tax policy only adds to CFO headaches

One needn’t be a business executive or a financial analyst to know that the current outlook on U.S. tax policy is murky at best. While ...

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