Resources

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Case Study

PE firm leverages FaaS to quickly build finance teams, get streamlined reporting and enable CFOs to focus on strategy

The Situation BV Investment Partners is a middle-market private equity firm that invests in tech-enabled and services companies. When they bring an investment into their ...
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Case Study

Consero seamlessly integrates new acquisitions and supports due diligence for a profitable exit

Background Read Full Case Study Merging three companies with granular data into a single entity is challenging, especially when there are multiple systems and no ...
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Case Study

Consero helped PE-backed software firm get clean, accurate, audit-ready financials, and streamlined processes

Five Elms Capital’s portfolio company Flywheel was faced with accounting practices that didn’t keep up with the company’s growth, but took a chance on Consero ...
Back Office Holding Back 3
Case Study

Private equity firms embrace Finance as a Service to ensure a swift and smooth due diligence

The Situation Read Full Case Study Sound financials are essential to exits, and with a $400 million transaction at stake, mobile banking company Hyperwallet needed ...
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Case Study

Setting up a successful rollup platform for $300M PE-backed software firm

How Consero helped large acquisition-driven business establish a rollup platform and accelerate acquisition returns. A large provider of systems and applications management software backed by ...
Case Study

The Keys to CFO success: Saving Time, Insightful Information, Transparency, and Scalability

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 ...
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Case Study

Strangeworks – Simplified management, reliable support, scalable solutions

Entrepreneurs turn ideas that can change an industry, market or even the entire world into fully functional companies. But they don’t do it alone: these ...
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Case Study

Gimmal Scales Operations and Drops Costs by 25%

PE-backed software company meets complex reporting requirements and reduces spend with Consero's Finance as a Service.
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Case Study

Leveraging the “As-A-Service” Model to Advance and Modernize the Finance Function

National not-for-profit gets experienced financial leadership and 80% reduction in debt with outsourcing THE SITUATION The Association of Latino Professionals For America (ALPFA) is a ...
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Case Study

How private equity-backed AppleCare leveraged Finance as a Service to accelerate growth

AppleCare’s finance team wasn’t just missing out on insights contained within accounting data. It also had patient billing information tied to electronic medical records that ...
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Case Study

How CFO streamlined key finance and accounting procedures in an accelerated timeline

Every turnaround CFO has a story to tell. Many have walked into chaos and have taken years to establish order. As the newly installed CFO ...
Case Study

CFO gains comfort to step out of accounting function and operate in a more strategic role

Before working with Consero, Phil Murray, VP of Finance & Administration, was challenged with high volume transactions and a limited team with processes and controls ...

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