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Article

Top tech gadgets every CFO needs in their arsenal

August 27, 2018
Tech gadgets can certainly enhance our effectiveness. If you’re a CFO, some useful devices can make a difference in your daily life. With so much ...
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Article

Are Poor Financial Controls Costing You Money? Take the Consero Performance Assessment

August 24, 2018
Poor financial controls can create significant waste, fraud, or decreased credit rating – yet it happens to thousands of businesses every year.  A sound internal ...
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Article

Consero awarded Sage Intacct President’s Club distinction – third year in a row

August 20, 2018
This coveted sales and customer satisfaction award is given annually by Sage Intacct to its top-performing channel partners. The award recognizes value added resellers (VARs) ...
Article

6 Things Private Equity Firms Look for in Companies

August 14, 2018
When private equity (PE) firms look for companies to invest in or buy, they have a set of criteria in mind. For starters, these companies ...
Depiction of CFO role in blue and orange
Article

What is the Evolution of the CFO?

August 13, 2018
Certain CFO responsibilities will remain the same for years to come, but others may change rapidly for this increasingly important member of the C-suite. The chief ...
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Article

CFOs Need to Leverage Digital Finance or Risk Becoming Obsolete

August 7, 2018
In today’s data-driven business environment, CEOs and board members are applying extra pressure on their CFOs to provide them with real-time, data-backed decision support. However, ...
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Article

How Much Does Outsourced Accounting Cost?

July 23, 2018
The right outsourcing partner can save you between 20-50% of building an in-house accounting team.
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Article

8 Benefits of Outsourced Accounting & Finance Services

June 12, 2018
Outsourced finance and accounting offers a unique way for growing businesses to competitively scale.
A provision of the Dodd-Frank Act protects internal whistleblowers.
Article

Reducing compliance risk with better finance systems

May 2, 2018
Recent court cases, including a particularly consequential Supreme Court decision, have changed the calculus around compliance and fraud reporting. These new developments only bolster the ...
A provision of the Dodd-Frank Act protects internal whistleblowers.
Article

Five tips to ensure your portfolio companies are audit ready

April 25, 2018
If you are the owner of any sort of for-profit organization, preparing for an audit can be quite stressful. An audit is designed to objectively ...
Article

The expanding role of the CFO

April 25, 2018
The Austin Chapter of the CFO Leadership Council met recently for a panel addressing industry-wide changes to the role of Chief Financial Officers. Thought leaders from BigCommerce, ...
A provision of the Dodd-Frank Act protects internal whistleblowers.
Article

How to use finance as a marketing tool to increase value with investors

March 21, 2018
Too often, the work of finance and accounting teams within growing businesses seems perfunctory and inconsequential. That remains true even in the high-stakes world of ...
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866.588.0495

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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