Resources

Back Office Holding Back 3
CEO / CFO

How Outsourcing Your Finance and Accounting Will Save You Time And Money

Sound financial management and accurate financial reporting are essential for any growing business. A skilled finance department requires full-time employees that may or may not meet ...
Back Office Holding Back 3
CEO / CFO

How Do I Better Understand The Financial Position Of My Company?

The financial position of your company is the primary concern of every investor. Your financial strength is a clear indicator of your overall progress. Understanding ...
CEO / CFO

How outsourcing your accounting makes you proactive

Every growing company can benefit from outsourcing accounting, and one of these benefits is being proactive. By this we mean that you can: Adequately prepare ...
Supply chain
CEO / CFO

3 ways to integrate finance with the supply chain

The supply chain is truly integral to the functioning of any business. Not surprisingly, it also consumes a large portion of a company’s operating expenses ...
Back Office Holding Back 3
CEO / CFO

3 digital tools to aid mergers and acquisitions

Mergers and acquisitions are unavoidable in the modern economy. The Institute for Mergers, Acquisitions and Alliances reported more than 50,000 such transactions occurred in 2017, ...
CEO / CFO

Best practices for driving digital finance in your back office

  Improvement is a key consideration for business leaders throughout the modern economy, and finance is no exception. While the core concepts of managing a ...
CEO / CFO

3 tips for improving relations between CFO and CEO

CEOs and CFOs have more skills and responsibilities in common than ever before. They also rely on each other to operate effectively in what could ...
CEO / CFO

3 finance & accounting trends that continue to deliver in 2022

  Finance and accounting continues to be the business function most primed for disruption through innovative technology. As in other examples of tech-enabled trailblazing, it’s ...
CEO / CFO

Building out an F&A team: Putting tech and talent to work

This guest blog by Consero was originally published by Accounting Today on April 12, 2018. In recent years, the key role of the CFO in ...
Back Office Holding Back 3
CEO / CFO

3 keys to IPO success

After a sluggish stretch, initial public offerings surged worldwide in 2017. According to data from Ernst and Young, last year brought the most IPOs and ...
CEO / CFO

Have you outgrown your accounting solution?

“If it ain’t broke, don’t fix it.” This adage serves as a common refrain in criticism of business management practices. Of course, time and again, ...
CEO / CFO

How CFOs enable growth through technology

In almost every industry, the role of the finance department has changed dramatically over just the last few years. Now there is greater pressure on ...

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