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Article

How to Be Audit and Due Diligence Ready at All Times

November 28, 2022
Three steps to take early to position your company for a successful exit.
Article

How Outsourcing Can Help Emerging Hedge Fund Managers Stay Focused on Managing Investments

August 15, 2022
There’s both good news and bad news for emerging hedge fund managers in a new report from Hedgeweek. First, the good news: Emerging managers have ...
Article

Startup Funding Continues to Fall: How FaaS Can Help Boost Efficiency and Lower Costs for Investor-Backed Startups

August 5, 2022
After peaking at the end of last year, venture capital funding in North America has started to decline. Total venture dollar volume for the quarter ...
Article

How FaaS Can Help You Win the War for Talent

January 20, 2022
The phrase “war for talent” was coined by McKinsey & Co. in the late 1990s to describe an environment where competition among employers for skilled ...
The Pros And Cons Of Outsourcing eCommerce Accounting
Article

The Pros And Cons Of Outsourcing eCommerce Accounting

December 30, 2021
When eCommerce businesses are looking to grow and expand their operations, they may consider outsourcing eCommerce accounting functions to access reliable and expert support. Many ...
Finance Function Risks When Scaling eCommerce Businesses
Article

Finance Function Risks When Scaling eCommerce Businesses

December 23, 2021
Many business owners are looking to scale their eCommerce businesses but don’t have the finance function in place to do so. This is a risky ...
The Need for FaaS In The Post-Pandemic Marketplace eCommerce Industry
Article

The Need For FaaS In The Post-Pandemic Marketplace eCommerce Industry

December 17, 2021
Before COVID-19, online shopping was growing by about 4.5% a year. The retail landscape has changed this year due to increased movement restriction measures and ...
Why Marketplace eCommerce Needs Finance as a Service
Article

Why Marketplace eCommerce Needs Finance As A Service

December 10, 2021
Marketplace eCommerce businesses are growing rapidly, and Finance as a Service has never been more needed. In light of the COVID-19 pandemic, Finance as a ...
How Finance as a Service is Delivered with Pre-Built Integration to Enterprise-Level Financial Systems
Article

How Finance as a Service is Delivered with Pre-Built Integration to Enterprise-Level Financial Systems

December 3, 2021
In today’s highly digitized business environment, businesses need to move away from paper-based systems and turn to technology to remain competitive in the market. Finance ...
The Future of The Professional Service Sector
Article

The Future of The Professional Service Sector

October 12, 2021
There have been many significant changes throughout the past decade that have impacted how experts in the professional service industry work. The trends associated with ...
The Benefits of FaaS for Professional Service Firms
Article

The Benefits of FaaS for Professional Service Firms

October 5, 2021
Finance as a Service (FaaS) is quickly becoming one of the most popular ways for Professional Service firms to save money. Professional Services organizations, such ...
How Finance as a Service Helps Professional Service Organizations
Article

How Finance as a Service Helps Professional Service Organizations

September 24, 2021
Professional services have seen a tremendous boom in recent years, with the number of companies in this sector growing significantly over the last decade. Professional ...
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Consero Global LLC
1717 West 6th Street, Suite 410
Austin, TX 78703
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