Consero Press Article

Consero Ranks No. 2899 on Inc. Magazine’s List of the 5000 Fastest-Growing Private Companies in America: Finance as a Service continues to gain momentum with middle-market high-growth businesses

Inc. magazine revealed that Consero is No. 2,899 on the annual Inc. 5000 list, the most prestigious ranking of America’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent growing businesses. Companies as diverse and iconic as Zappos, Microsoft, and Patagonia gained their first national exposure as honorees on the Inc. 5000.

“We’re honored at our ranking on this list,” says Scott Tynes, Consero’s CEO. “We feel this is further validation that our ‘Finance as a Service’ (FaaS) model is delivering the right rigor and value our clients need.”

“Consero was founded to serve middle-market high-growth companies, with an outsourced, enterprise-level finance and accounting function, so they won’t have to build and maintain one in-house,” says Bill Klein, President of Consero. “We’re on this list because we’ve done that, and because our services and integrated software solutions are helping high-growth companies to deliver more insight and control from their financial operations.”

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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Consero FaaS: Disrupting the Outdated Traditional F&A Model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