Consero Press Article

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 in Finance as a Service, has, for a second time, been recognized by the Austin Business Journal in its Fast 50 list of rapidly growing companies. First named a Fast 50 company in 2014, Consero has again proven its outstanding compounded revenue growth over the most recent three years. This repeat acknowledgment falls just months after Association for Corporate Growth (ACG) recognized Consero’s rapid growth in its prestigious Central Texas Growth Awards program.

“This growth is made possible by Consero’s dedicated people and innovative technology. Our employees are the ones who carry out our unique vision of Finance as a Service, helping companies improve their processes as well as enhance their technology.” said Scott Tynes, CEO, Consero Global. “Consero’s Finance as a Service solution takes a managed-platform approach as opposed to merely a technology sales consulting project.”

“Organizations of all sizes and budgets demand financial excellence, operational efficiency and transparency,” added Consero President Bill Klein. “We’re growing because we deliver on the promise of quickly providing financial information that seamlessly rolls up among multiple subsidiaries for transparency in swift decision-making which results in increased profitability.”

Consero combines innovative integrated software, including the SIMPL financial management console and Simon, a voice-activated artificial intelligence technology with traditional CFO, controller and bookkeeping services. These technologies, when properly deployed, can make accessing and assessing complex financial data as easy as asking an automated home assistant to change the TV channel. This AI assisted platform approach quickly gives companies financial clarity into how their business is performing as well as a scalable infrastructure to support daily business operations. 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.

In addition to the recent Fast 50 recognition, Consero company has also received the Sage Intaact President’s Club Award for three consecutive years.

About Consero Global:

Founded in 2006 by Scott Tynes, Bill Klein and Kiran Jagannath, Consero 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 CEOs, CFOs and Investors 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 250 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.

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

  • 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