Consero Press Article

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 LLC, a leader in Finance as a Service, has received Partner of the Year distinction from Sage Intacct, the global market leader in cloud business management solutions, for the third year in a row. Sage Intacct’s award recognizes Consero, as a channel partner, for its unmatched customer satisfaction, significant year-over-year growth and extraordinary sales success.

“We appreciate the award and the recognition of our 138 percent revenue growth in fiscal year 2019, which we have achieved by focusing on larger engagements with mid-market organizations,” said Scott Tynes, CEO, Consero Global. “These are the organizations that are most in need of our services. They are large enough that they need top-level accounting solutions but do not want to take on building those resources internally.”

Sage’s program fosters a network of partners that deliver comprehensive, high quality services, support and software to help organizations grow. “Sage and Consero share a vision of freeing business builders from the burdens of administration, accounting and reporting, so they can do what they love,” said Tynes. “We are proud that we have been recognized for the satisfaction we bring customers.”

This honor follows less than six months after Consero was named as the fastest growing company in Central Texas by the Austin Business Journal and named Consero to its Fast 50 list for the third time in the company’s history.

Consero combines innovative integrated software, including the SIMPL financial management console and Simon voice-activated artificial intelligence technology with traditional CFO, controller and bookkeeping services. All of this comes without the time, cost and effort of creating and managing a full, in-house finance and accounting department. With Consero’s services, companies of all sizes can afford Fortune 500 level financial tools.

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About Consero Global:
Founded in 2006 by Scott Tynes, Bill Klein and Kiran Jagannath, Consero Global disrupts the way businesses build and maintain their finance & accounting function. Through a cloud-based platform, Consero delivers the financial clarity and efficiency needed to drive a business forward. Strategic CFOs are adopting Consero’s cutting-edge, Finance as a Service model to free up time and understand how the business is performing. Serving more than 130 clients, Consero provides the control and insight needed to steer businesses toward success. Contact Consero Global for more information about gaining greater control of your financial operations. www.conseroglobal.com

With Consero’s Finance as a Service, you gain financial clarity, operational efficiency, and the power to scale, effortlessly.

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