Resources

Capitol Building in Washington D.C.
Article

How Do Tariffs Impact Private Equity? Uncertainty Brings Opportunity

The impact of tariffs has many GPs in "wait and see" mode, while others see opportunities.
News

Consero Brings on Business Development Executive Bartley O’Dwyer to Lead Private Equity Practice

AUSTIN, TEXAS (PRWEB) APRIL 16, 2020 Business Development executive, Bartley O’Dwyer, joins Consero Global LLC, a pioneer in Finance as a Service, as Managing Director of ...
News

Consero Named Partner of the Year for Third Consecutive Year by Global Business Technology Leader, Sage Intacct

Consero Named Partner of the Year for Third Consecutive Year by Global Business Technology Leader, Sage Intacct AUSTIN, Texas, March 11, 2020 – Consero Global ...
News

Consero Global LLC Named the Fastest Growing Financial Consulting Firm in Central Texas

Consero is recognized again as a Fast 50 company by the Austin Business Journal AUSTIN, Texas, September 15, 2019 – Consero Global LLC, a leader ...
Digital blockchain concept image.
News

Consero Global Finalist for Central Texas Growth Award

Fast-growing Consero Global LLC, a leader in Finance as a Service, is a finalist for the prestigious Association for Corporate Growth (ACG) 2019 Central Texas ...
Finance & Accounting

Consero Reunites Orphaned Children With Their Families – 2019 Miracle Foundation Campaign

Having raised more than $100,000 over the past 5 years, Consero has created miracles for children living in poverty With Mother’s Day not far in ...
Sage Intacct partner logo
Article

Consero named top partner in the Sage Intacct Accountants Program [2018]

At this year’s Sage Intacct President’s Club organized by Sage Intacct, a record number of partners achieved membership. Among several other essential credits, Consero Global ...
Sage Intacct 2018 in green and grey letters
Article

Consero awarded Sage Intacct President’s Club distinction – third year in a row

This coveted sales and customer satisfaction award is given annually by Sage Intacct to its top-performing channel partners. The award recognizes value added resellers (VARs) ...
cfo

New CFO ‘Starts from Scratch’ in Bid to Quintuple Company’s Size

Jewelry company Betteridge had a dysfunctional finance operation and declining business results, but its owner had his sights on an ambitious goal. Say you’re the owner of ...
austin

Accounting, Financial Salaries Rise Along With Austin-Area Economy

Salaries at Austin-area accounting and financial services firms are projected to surge 7 percent above the national average this year due to region’s rapid economic ...
Consero team at BookSpring
Article

How Books Helped Austin’s Children After Flooding

It was early September when the Consero team decided to host a book fair for BookSpring as suggested by our Consero Team member Kristen Bridgeman ...

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