Resources

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Article

What are the services provided by an outsourced finance & accounting firm?

When the CFO and finance department spend all their time trying to keep their financial statements and records straight, there is little time left to ...
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Article

How do I find a great outsourced finance as a service provider

Outsourcing finance and accounting to a third-party service provider is advisable for any company that has gaps in their in-house finance and accounting department. An ...
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Article

Why Do Companies Outsource Accounting & Finance? 9 Top Reasons to Consider

Outsourcing helps growing businesses realize cost-savings, gain operational efficiency, and maintain a competitive edge.
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Article

The complete guide to outsourcing finance and accounting

Because an organization’s financial operations are a core function and crucial to sustaining its long-term success, it’s easy to assume that its finance and accounting ...
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Article

In-House vs. Outsourcing Finance & Accounting: How to Decide Which is Right for Your Business

Evaluate whether you should leverage a finance and accounting partners or build your finance function in-house.
Featured Insights & Successes

The ROI of Outsourced Finance & Accounting

The Finance as a Service solution offers growing organizations greater flexibility, efficiency, scalability, and cost savings than traditional F&A department building.
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Article

7 Signs It’s Time to Outsource Your Accounting

When growing businesses experience these warning signs, it's time to find a capable finance & accounting partner.
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Article

Pros and Cons of Outsourcing F&A for Growing Businesses

Outsourcing finance and accounting offers numerous advantages, but may not be right for every business.
Article

Top objections and concerns about outsourcing your finance & accounting function

Consero Global is a top Finance as a Service (FaaS) company that provides a plethora of robust solutions for CEOs, CFOs, and investors regarding all ...
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Article

11 Key Internal Controls in Accounting (+ How to Outsource Them)

Outsourcing F&A offers clear advantages in separating duties and establishing internal controls to prevent fraud.
Article

In-House or Outsource? How Outsourcing Finance & Accounting Saves Time and Money

All too often, businesses find themselves buried in a seemingly endless pile of paperwork, trying to collect payments from clients, make payments to providers, or ...
Finance & Accounting

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

Sage Intacct has announced a record number of partners who have achieved membership in this year’s Sage Intacct President’s Club! This coveted sales and customer satisfaction ...

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