Consero Press Article

With a Three-Year Revenue Growth of 84% Percent, Consero Ranks No. 150 on Inc. Magazine’s List of the Fastest-Growing Private Companies in Texas

AUSTIN, TexasMarch 24, 2021 /PRNewswire/ — Inc. magazine today revealed that Consero is No. 150 on its second annual Inc. 5000 Regionals: Texas list, the most prestigious ranking of the fastest-growing Texas-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Texas economy’s most dynamic segment—its independent small businesses.

“This is an honor, and it’s a testament to the value we bring our clients with our ‘Finance as a Service’ (FaaS) model,” says Scott Tynes, Consero’s CEO. “We’re growing at this rate because our solutions, rigor and innovations are exactly what our clients need right now.”

“The problem that Consero is trying to solve for is making an enterprise-level finance & accounting function available to middle-market high-growth companies by  providing them with a superior alternative to building and maintaining an in-house finance function,” says Bill Klein, President of Consero. “Consero’s services and integrated software help high growth companies generate more insightful financial information and greater efficiency in 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Consero FaaS: Disrupting the Outdated Traditional F&A Model

  • 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