Resources

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Accounting Software

When is it Time to Leave QuickBooks?

If you're thinking about leaving QuickBooks, then it may already be time. Companies tend to look for more scalable, automated solutions when growth and reporting ...
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Article

KPIs that every SaaS company should be measuring

Enabled by the ubiquity of the internet and adopted by businesses and consumers everywhere, the software-as-a-service model has proven itself a winner incredibly quickly. But ...
Article

Strategic CFOs are gaining greater control through outsourcing

Chief financial officers (CFOs) struggle to strike a balance between strategizing long-term business goals, while ensuring that short-term tasks get completed. It’s difficult to focus ...
Article

Transaction processing a prime target for improvement

Most CFOs are already well aware of the fact that routine transaction processing is costing their finance and accounting teams time, money and growth potential. ...
Article

F&A partners can add strategic value without draining time

Research shows finding the right finance and accounting partner can unlock significant value for SMBs. However, the shared services space has become crowded.
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Article

4 Ways Finance & Accounting Can Increase Your Company’s Valuation

You’ve launched your venture, survived due diligence and raised initial start-up funding. Congratulations! Now what? A longer-term view would entail building out the infrastructure of ...
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Article

Do You Have Financial Visibility on the Direction of Your Company?

As the leader of your company, it is your job to make sure everyone is moving in the right direction but if you don’t have ...
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Article

How Do You Keep Your Financial Team Aligned With Your Company’s Needs?

It’s a paradox. One moment you have your finance team aligned with your company’s needs and then you decide to make an acquisition that will ...
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Accounting Software

Is Financial Data Disconnected At Your SMB?

Ask yourself the following questions. Do you have multiple, disparate systems for Accounting, Expenses, CRM, etc. that don’t share data? Are you using spreadsheets to ...
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Article

Robert Alvarez, Superstar CFO: Consero Helped Clear the Way

By any measure, Robert Alvarez, CFO of BigCommerce.com, is a superstar. Robert and his team have helped BigCommerce.com achieve aggressive sales and financing goals. BigCommerce ...
Consero team at BookSpring
Article

How Books Helped Austin’s Children After Flooding

It was early September when the Consero team decided to host a book fair for BookSpring as suggested by our Consero Team member Kristen Bridgeman ...
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Article

7 Top Financial Reporting Challenges [+ Solutions]

The biggest challenges usually arise from having inadequate people, processes, or systems to produce meaningful reporting outputs.

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