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Does Your Finance and Accounting Drive Growth and Profitability on Vimeo 2016 07 09 20.50.50
Video

Why Can’t You See How Your Business is Doing Financially?

In most companies, people can’t get what they want from finance – and what they do get doesn’t make sense of because they are not ...

3 Poor Financial Processes That Can Lead To Employee Fraud

Just about every company will experience employee fraud in their lifetime. Companies should look at their finance department and understand how they process financial transactions ...
Finance-Professionals

Three Poor Financial Processes That Can Lead To Employee Fraud

Just about every company will experience employee fraud in their lifetime. Companies should look at their finance department and understand how they process financial transactions ...
Black and brown floppy disks in a pile
Accounting Software

Is Financial Data Disconnected At Your SMB?

Ask yourself the following questions. Do you have multiple, disparate systems for Accounting, Expenses, CRM, etc. that don’t share data? Are you using spreadsheets to ...
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Video

Why Does Finance and Administration Consume Your Time?

We’ve all seen it: an employee hands over a large amount of data or reports, expecting someone to parse through them to find the important ...
Back Office Holding Back 3
CEO / CFO

How Do CFO’s Drive Value?

This blog post was written by Scott Tynes and originally appeared in the Austin Technology Council Blog, entitled Scott Tynes’ Recap of CFO Dinner Introduction ...
Bill Klein, former Consero President
Talent

Why Are Companies Hiring Over and Over Again for Finance & Administration?

In a small business, capital often takes over, compromising the quality of in-house finance to fit budgetary restraints. We’ve all seen it … small- to ...
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Video

Why Companies Are Hiring Over and Over Again for Finance & Administration

In a small business, capital often takes over, compromising the quality of in-house finance to fit budgetary restraints. We’ve all seen it … small- to ...
Kimbia new
Case Study

CFO gains comfort to step out of accounting function and operate in a more strategic role

Before working with Consero, Phil Murray, VP of Finance & Administration, was challenged with high volume transactions and a limited team with processes and controls ...
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Video Testimonials

KIMBIA

KIMBIA provides an online fundraising and crowdfunding platform, plus digital services that are built with one goal in mind: to help customers grow their …
atc 512
Video Testimonials

Austin Technology Council

ATC is the voice of Central Texas’ diverse and thriving technology and life sciences industries. By convening Austin’s top technology executives, ATC is leading …
Testco new
Case Study

Overburdened CEO streamlines complex processes and upgrades accounting function through outsourcing

Consero helps TESTCo improve cash flow processes and focus on business growth The business situation TESTCo realized the need for a better finance and administration ...
Sunstone new
Case Study

Corporate franchise gets greater scalability and lower costs from outsourcing vs. in-house solution

Sunstone Yoga was faced with rapidly growing requirements for F&A services, both at the corporate level and for a diverse group of franchisee owners. While ...
Synergis new
Case Study

CFO finds flexibility in the outsourcing model and keeps pace with business changes in a very seamless, cost-effective manner

Synergis Education Solves Unique Problems with Outsourcing Strategy Synergis Education (Mesa, AZ) is a tech education firm that has been expanding rapidly. With rapid growth, ...
Bill Klein, former Consero President

Does Your Finance and Accounting Drive Growth and Profitability?

Most small businesses do not understand what finance should be giving them. It’s that lack of understanding that paints a negative image in their mind ...

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