Resources

What is The Importance of Accurate and Timely Financial Reporting for Saas Companies?
Article

Why is Accurate and Timely Financial Reporting Important for SaaS Companies?

Financial analysis and reporting provide valuable insight, enabling companies to stay compliant while making more efficient decisions about their income or expenditure-focused initiatives. Evidence-based reporting ...
What is a Good Monthly Recurring Revenue Growth Rate For a Business?
Article

What is a Good Monthly Recurring Revenue Growth Rate For a Business?

The monthly recurring revenue is an important metric for subscription-based SaaS businesses to know and properly measure on an ongoing basis. However, as its name ...
What is Monthly Recurring Revenue?
Article

What is Monthly Recurring Revenue?

What is monthly recurring revenue (MRR)? It might seem like a simple question, but this term can be difficult to explain. Put simply, MRR is ...
How To Calculate Monthly Recurring Revenue
Article

How To Calculate Monthly Recurring Revenue

The MRR formula is average revenue per account (ARPA) multiplied by total accounts in the current month. Here's why this metric is so important for ...
The Ultimate Guide to Monthly Recurring Revenue
Article

The Ultimate Guide to Monthly Recurring Revenue

Monthly recurring revenue is a crucial metric for subscription-based SaaS companies. Understanding it can help you grow your company and improve customer satisfaction. Those who ...
The Ultimate Guide to Finance as a Service
Article

The Ultimate Guide to Finance as a Service

Finance as a Service (FaaS) can provide organizations with enhanced reliability, timeliness, and quality insight into their financial performance. This solution empowers SMBs to focus ...
Article

What is a Good Accounts Receivable Turnover? [+ How to Improve]

Higher AR turnover ratios indicate efficient payment collection, but more is needed to determine if your accounts receivable turnover is "good."
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Accounting Software

Where to Go When You Outgrow QuickBooks

There are several finance and accounting solutions for companies that have outgrown QuickBooks, but one clear winner.
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Accounting Software

Are There Disadvantages of Using QuickBooks Online?

Some of the major disadvantages of QuickBooks Online include maintenance costs, the cost of additional features, and lack of control over your data.
Screenshot of QuickBooks logo and customer rating
Accounting Software

Why Companies are Outgrowing QuickBooks

Rapidly scaling businesses are finding that QuickBooks tools weren't built to grow along with and support their advanced reporting requirements. Fortunately, better alternatives are available.
Article

The Complete Guide to Outsourced Finance and Accounting Services

Financial planning and accounting are two critical components of running a successful business. This article will guide you through the concept of outsourced finance and ...
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Article

What is Finance as a Service? How it Works + Benefits of Outsourced Finance and Accounting

The Finance as a Service model is a modern alternative to building an in-house F&A department, in which a third party partner provides the people, ...

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