Consero Press Article

Finance as a Service Hits Record Growth: Consero Ranks #21 in Central Texas’ Fastest Growing Companies

AUSTIN, Texas–(BUSINESS WIRE)–Consero Global LLC, a leader in Finance as a Service, has, for a third time, been recognized by the Austin Business Journal in its Fast 50 list of rapidly growing companies.

Ranked number 21 this year with a 35.5 percent compound annual growth rate, Consero has once again proven its outstanding revenue growth year-over-year since it was first named a Fast 50 company in 2014.

“At a time when uncertainty has rocked our economy, Consero continues to grow rapidly because our people are dedicated to making sure our clients don’t miss a beat, no matter the obstacles,” said Scott Tynes, CEO, Consero Global. “Standing on our innovative technology, our employees consistently deliver on our unique vision of Finance as a Service to streamline processes and deliver financial transparency.”

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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Consero FaaS: Disrupting the Outdated Traditional F&A Model

  • 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