Typically, they will hire an Interim CFO or Consultant to come in and do all the clean-up transformation. This is a costly endeavor. Then, once the clean-up work is done, they hire a full-time team and implement new finance & accounting software to manage the ongoing finance & accounting functions. This is a long timeline with many steps in the process that expose them to errors. The diagram “B” below might help you visualize.
With Consero, we do ALL of the financial transformation and Ongoing Finance & Accounting
Very often, when you acquire a company there are obstacles in the finance & accounting function that need to be fixed. We quickly and effectively solve the most common portfolio company challenges. Consero’s Finance as a Service solution will save you months of time, management distraction and headaches. Our experienced finance professionals keep your valuable portco personnel focused on critical initiatives.
Newly acquired companies often need to be professionalized. This transformation may include: cleaning up accounting records, upgrading from basic bookkeeping to an enterprise-grade finance and accounting function and implementing scalable processes.
Finance as a Service is a superior alternative to the tedious task of building in-house. We provide the financial expertise along with an industry-leading software platform to rapidly optimize the reliability and scalability of your company’s financial operations and enable strategic decision making.
Easily adjust to the complexities and changing reporting needs as the business grows. Onboard acquisitions with a fast, flexible solution and repeatable processes that deliver accurate and up-to-date reporting so your portcos can quickly review metrics and maintain a strategic focus.
The fruits of your labor are ready for market. Thanks to Consero, the books of your portfolio companies are buttoned up, audit ready, and our due diligence support will contribute to an efficient exit.
“You guys have been great. It is unfortunate that we had to fix what my old accounting team did prior to Consero. Their mistakes were painful, but you all have been phenomenal.”
For over a decade, the expert team at Consero has refined processes and incorporated software to provide stakeholders with clear insight into company performance and guidance to identify opportunities that can improve performance.
Through the combination of integrated industry-leading software and a dedicated team of experienced finance professionals, Consero delivers all of the services necessary to support your company’s daily operations.
On-demand project-based strategic support to assist in driving the business ahead
Analysis, planning & budgeting, forecasting, operational KPIs
Monthly financial statements, management reporting, month-end close, statutory reporting and audit support
Accounts payable, accounts receivable, employee expenses, reconciliations and month-end close support
Enterprise-grade general ledger, digital accounts payable, time and expense, account reconciliation automation and more
Consero’s FaaS Solution delivers substantial, and ongoing benefits for your company, starting with services that can be up and running in as little as 30 days with minimal impact on your day-to-day operations.
However, compressing time to value is just one of the many reasons to partner with Consero.
Consero Global LLC
1717 West 6th Street, Suite 410
Austin, TX 78703
866.588.0495
Build it Yourself Solution
Consero FaaS Solution
Build it Yourself Solution
Consero FaaS Solution
