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Accounting Software

Where to Go When You Outgrow QuickBooks

December 16, 2020
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?

December 2, 2020
Some of the major disadvantages of QuickBooks Online include maintenance costs, the cost of additional features, and lack of control over your data.
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Accounting Software

Why Companies are Outgrowing QuickBooks

November 25, 2020
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

October 27, 2020
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

Key Initiatives of the Finance Function in 2020

September 28, 2020
Over the past several years, emerging technologies have had a significant impact on finance organizations. Companies feel increasing pressure to let go of their traditional ...
Article

The Complete Guide on Financial Leadership

August 31, 2020
In today’s shifting and highly globalized world economy, proper financial leadership and a well-organized finance function are proving extremely valuable to business longevity and success. ...
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Article

Finance as a Service (FaaS) vs. In-House Finance Department

August 10, 2020
FaaS offers a disruptive alternative to building an in-house finance team.
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Article

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

July 27, 2020
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, ...
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Article

How Important Is Monthly Recurring Revenue For Investors?

July 3, 2020
Businesses with recurring revenue models command higher multiples from investors because they offer a greater degree of certainty.
Article

Why Customer Retention Is So Important For A Recurring Revenue Business

June 19, 2020
Customer retention is defined as the act of keeping existing customers that your company has already spent money to acquire. Attracting and acquiring new customers ...
Article

The Guide to Key Metrics for SaaS and Recurring Revenue Models

June 12, 2020
Key Performance Indicators (KPIs) are the most important metrics you need to track to see how your business is doing. However, there are hundreds of ...
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Article

How Outsourcing Helps Private Equity Firms Manage Costs During Economic Disruption

May 30, 2020
Leveraging outsourcing is one of the best ways for PE firms to gain a competitive advantage, particularly when managing costs is critical.
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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