Resources

Title card featuring Eric Broughton, CEO of Ok2Charge
Exit Strategy

How OK2Charge Closed an Exit in 52 Days with Consero

From messy finance and disparate tools, to GAAP-compliant reporting, real-time visibility, and a diligence-ready posture.
Events and Webinars

C-Suite Playbooks for Managing Finances & Operations During Downturns

Veteran operators share practical playbooks for CEOs, CFOs, and COOs to navigate economic headwinds.
Article

Recession Survival Guide: Remember L.I.K.E. as You Plan for an Economic Slowdown

Depending on which economic forecaster you’re listening to, a recession or economic slowdown in the U.S. is probably likely sometime this year. Therefore, now is ...
Article

M&A Growth Considerations: Challenges with Carve-Outs and Roll-Ups

Chris Hartenstein, VP of Client Solutions, talks with us about carve-outs and roll-ups, which are two common strategies used in the corporate M&A world. Following ...
Article

Cost Containment Strategies During an Economic Downturn

In the current uncertain economic environment in which some economists are predicting an economic slowdown or even recession, it’s important for CFOs to carefully evaluate ...
CEO / CFO

Meeting the Digital Transformation Challenge in Today’s Challenging Economic Environment

Many CFOs and finance managers are currently facing the most challenging economic environment they’ve ever encountered. Near-record inflation is putting pressure on corporations to cut ...
Article

Meet the Talent Challenge with Finance as a Service (FaaS)

The worker shortage that began during the COVID-19 pandemic is starting to ease up in some industries, but it remains a challenge in accounting and ...
Events and Webinars

CFO Roundtable – Managing OpEx During Economic Downturn

Surviving and even thriving in times of economic uncertainty may seem like a lofty challenge. However, there are certain metrics and prompt actions executives can ...
Woman in red shirt sitting at desk
Article

How to Be Audit and Due Diligence Ready at All Times

Three steps to take early to position your company for a successful exit.
Audits & Due Diligence

3 Tips To Be Audit And Due Diligence Ready, And Why It Matters with Mike Dansby

Lack of audit readiness can result in costly errors, delays in deals, or a reduction in company valuation during due diligence. Here's how to avoid ...
CEO / CFO

The Major Challenges Heading Into 2023 — and How CFOs Will Meet Them

There’s a long list of challenges facing CFOs heading into 2023. These include, but certainly aren’t limited to, ongoing supply chain issues, rising interest rates ...
Title card with tree and black text signs you've outgrown finance & accounting software
Accounting Software

Signs You’ve Outgrown Your Finance & Accounting Software

Consero's webinar covers signs an organization has outgrown its current finance and accounting software, recommended alternatives, and how and why one panelist moved off of ...
David Westbrook, CFO of Robert Stephens
Finance as a Service

Roberson Stephens: From No Back-office to Enterprise Finance Function in 1 Week

Roberson Stephens gains an audit-ready finance function in a week, scaling fast, freeing leadership for growth and M&A.
Case Study

How Consero gave Robertson Stephens a reliable finance & accounting function so they could focus on their next era of growth

With the sponsorship of Long Arc Capital, Robertson Stephens Wealth Management (“Robertson Stephens”) declared a new era for the firm, assembling an accomplished management team, ...
Article

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

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 ...

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