Resources

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Article

Signs Your Portco Isn’t Ready for an Exit (+ How to Prepare)

Identify and address these warning signs to maximize your valuation and ensure a successful exit.
Title card for 2024 CFO Survey Webinar year in review
CFO Support

2024 Year in Review: CFO Survey Insights + Predictions for 2025

Key challenges facing investor-backed CFOs and predictions for the future of finance leadership.
CEO / CFO

The New Standard for Growth: FP&A and Reporting Practices

Middle-market and start-up companies need a Financial Planning and Analysis (FP&A) and Reporting practice. Outsourced solutions can help overcome internal personnel or budget limitations.
Article

12 Key Benefits of Hiring a Fractional CFO

A fractional CFO provides growing middle market companies access to an experienced and strategic finance professional's guidance as needed.
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Events and Webinars

How Outsourcing Helped Two CFOs Transform the Finance Function [Webinar]

Investor-backed CFOs share how Finance as a Service transformed their finance functions and delivered remarkable cost savings.
Article

Why Emerging Hedge Fund Managers Are Turning to Outsourcing

As the hedge fund industry grows and evolves, the fortunes of emerging managers are coming into sharper focus. While many larger funds have weathered the ...
Mike Dionne, CFO of RightNetworks, in a blue shirt and gray background
CFO Support

CFO Transforms Role + Streamlines Acquisitions with Consero’s Fast, Flexible Solutions

Right Networks' CFO streamlined acquisitions, reduced time spent on routine tasks, and shifted focus to strategic growth with Consero.
Article

The Complete Guide to Outsourced Finance and Accounting Services

Financial planning and accounting are two critical components of running a successful business. This article will guide you through the concept of outsourced finance and ...
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Article

Finance as a Service (FaaS) vs. In-House Finance Department

FaaS offers a disruptive alternative to building an in-house finance team.
Business people in a glass office with white chairs
Article

How Outsourcing Helps Private Equity Firms Manage Costs During Economic Disruption

Leveraging outsourcing is one of the best ways for PE firms to gain a competitive advantage, particularly when managing costs is critical.
Man holding a dollar sign with other blue icons and private equity in white text
Article

How Does BPO Financial Accounting Work For Private Equity Firms

Business process outsourcing (BPO) has seen a considerable increase in market demand during the last few years. According to research, the BPO industry is expected ...
Article

The Guide To Outsourcing Finance & Accounting For Investor-Backed Businesses

If you want to grow your business as a private equity firm, lowering operational costs and maximizing ROI across all portfolio companies should be your ...

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