Consero Press Article

Consero Global Achieves SOC 2 Certification, Strengthening Commitment to Data Security and Trust

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Consero’s Latest Security Milestone Solidifies Leadership in Providing Trusted, Secure, and Scalable Finance Solutions

Consero Global, the pioneer in Finance as a Service (FaaS), announced it has achieved System and Organization Controls (SOC) 2 compliance, reinforcing its dedication to safeguarding client data and delivering best-in-class financial management solutions.

The SOC 2 report evaluates an organization’s information security controls based on five Trust Services Criteria (TSC): security, availability, processing integrity, confidentiality, and privacy. With this certification, Consero solidifies its leadership position as an outsourced F&A partner, offering clients an extra layer of trust and security.

“Trust is paramount when our partners rely on us to manage their critical back-office functions,” said David Sawatzky, CEO of Consero. “The SOC 2 compliance milestone is another testament to the value we offer our clients; we provide enterprise-level security and data protection for a fraction the time, cost, and effort needed to achieve these standards in-house.”

“Our clients are assured that we not only provide financial data and reporting with impeccable integrity and accuracy, but that it’s also handled according to the highest standards of data security and privacy.”

By achieving SOC 2 compliance, Consero provides clients with independent assurance that their sensitive financial data is protected against unauthorized access, anomalies are detected, and security incidents are mitigated across the entire finance ecosystem.

“Our clients know that we have the necessary security measures in place to protect their data and provide peace of mind while they focus on the growth drivers for their businesses.” added Sawatzky.

About Consero

Consero Global, backed by BV Investment Partners, disrupts how Investment Managers and PE/VC-backed software, professional services, healthcare firms, and nonprofit organizations build and scale their finance departments. Consero’s Finance as a Service combines AI-enabled technology, processes, and people that deliver precise financial visibility, operational scalability, and a lower, more predictable cost structure. Consero also offers FlexFinance, FlexResources, and Advisory Services to meet our partners’ needs at every stage of growth. Connect with us to learn more about optimizing your financial operations.

View the original Newswire coverage here.

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