Consero Press Article

Sage Intacct Names Consero ‘President’s Club and SIAP Partner of the Year’

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AUSTIN, Texas–(BUSINESS WIRE)–Consero Global LLC, the pacesetter in Finance as a Service, announced today that it has been recognized as 2020 President’s Club Winner and SIAP Partner of the Year by Sage Intacct, the global market leader in cloud business management solutions. This is the fourth year in a row Sage has honored Consero for its unmatched customer satisfaction, significant year-over-year growth, and extraordinary sales success.

“We greatly appreciate the recognition from Sage Intacct for our significant revenue growth, which we have achieved by consistently delivering results for clients,” said Scott Tynes, CEO of Consero. “The combination of our integrated technology solution with our top-notch finance & accounting experts has allowed hundreds of mid-sized business entities to leverage finance & accounting solutions which are on par with Fortune 500 companies.”

“Both Sage Intacct and Consero deliver comprehensive, high-quality service, support, and software that help businesses achieve outsized growth,” said Bill Klein, President of Consero. “That’s why our partnership works so well, our shared vision of freeing businesses from the burdens of administration, accounting and reporting allows them to focus on strategic areas that drive growth.”

The Sage Intacct award comes just after Consero was named one of the fastest growing companies in Central Texas by the Austin Business Journal. It was the fourth time the company made the Journal’s Fast 50 list. 2020 also marks the first year that Consero has received the Association for Corporate Growth (ACG) Central Texas Growth Award.

Consero combines innovative integrated software, including the Consero SIMPL® financial management console and Simon voice-activated artificial intelligence technology with traditional CFO, controller and bookkeeping services. 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.

About Consero Global

Founded in 2006—by Scott Tynes, Bill Klein, and Kiran Jagannath—Consero Global disrupts the way businesses build and maintain their finance and accounting function. Through a cloud-based platform, Consero delivers the financial clarity and efficiency needed to drive a business forward. Strategic CFOs 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 130 clients and their portfolio companies, 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. More info at www.conseroglobal.com.

About Sage Intacct Inc

Sage Intacct Inc is an American provider of cloud-based financial services and management tools. Available around the globe—including the United States, Canada, the UK, Australia, and South Africa—Sage is trusted by millions of customers worldwide to provide businesses with the ability to efficiently manage finance operations and people.

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