Resources

Article

Top objections and concerns about outsourcing your finance & accounting function

Consero Global is a top Finance as a Service (FaaS) company that provides a plethora of robust solutions for CEOs, CFOs, and investors regarding all ...
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Article

Consero named top partner in the Sage Intacct Accountants Program [2018]

At this year’s Sage Intacct President’s Club organized by Sage Intacct, a record number of partners achieved membership. Among several other essential credits, Consero Global ...
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Article

How to know you are working with a smart accountant

Being an accountant in the smart modern era of new technologies and automation is not an easy job. Accountants can quickly lose a job or ...
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Article

How Does the Finance as a Service Model Work?

Welcome to Consero Global! We are a Finance as a Service (FaaS) partner of many growth companies, as well as CEOs, CFOs, and investors. Why? ...
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Article

What challenges are faced after private equity funding?

Have you ever approached an investor for funding? If you did, then you know how challenging it can be to provide the relevant, insightful, and ...
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Article

5 things private equity investors want out of the CFO

The CFO (Chief Financial Officer) is a financial expert responsible for managing the money dealings of a company. For a private equity investor, a CFO ...
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Article

11 Key Internal Controls in Accounting (+ How to Outsource Them)

Outsourcing F&A offers clear advantages in separating duties and establishing internal controls to prevent fraud.
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Can outsourcing improve your business’s financial accounting processes?

Business owners and entrepreneurs start a business with many goals in mind. Tasks such as finance and accounting are often not something that business owners ...
Article

The rise of AI: How automation will affect the CFO’s role in the future

Automation is one of the most transformative forms of technology in existence. From assembly lines to high-level financial and accounting work, the ability of digital ...
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Article

5 Finance Mistakes Small and Middle Market Businesses Make

Beginnings are always messy. If you run a small or even medium-sized business which is still shaky, there’s much work to be done to keep ...
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How will the new accounting standard, IFRS 15, affect processes for CFOs?

International Financial Reporting Standard 15 is already transforming the way CFOs measure metrics and handle other tasks. International Financial Reporting Standard (IFRS) 15 has been ...
Article

In-House or Outsource? How Outsourcing Finance & Accounting Saves Time and Money

All too often, businesses find themselves buried in a seemingly endless pile of paperwork, trying to collect payments from clients, make payments to providers, or ...

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