Although it’s a $75 million business with complex client contracts and revenue recognition, outsourcing accounting and finance works for Synergis Education.
Meet Scott Wenhold, CFO of Synergis Education, a $75 million company whose entire on-payroll finance team consists of himself and three financial analysts.
GAAP reporting, general-ledger accounting, accounts payable (AP), accounts receivable (AR), internal audit and other core finance functions are handled by a controller at headquarters in Mesa, Ariz., and a seven-person group of accountants and auditors in India. They all work for Consero Global, a finance-services outsourcing company based in Austin, Texas.
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