Resources

CEO / CFO

Positioning your company for success: key post-series A controls and processes

This guest blog by Consero was originally posted on Shoobx A Series A financing is usually a company’s first round of significant outside investment, and ...
CEO / CFO

Why better financial data leads to better decisions

As 2017 drew to a close, it was increasingly clear that U.S. business leaders and executives were heading into the new year with a strong ...
A provision of the Dodd-Frank Act protects internal whistleblowers.
CEO / CFO

Working With Executive Team on Company Growth & Exit Strategies

This was originally posted by the CFO Leadership Council The process of bringing your company to a place where you can exit successfully can easily ...
CEO / CFO

How CFOs can enable their directors, and vice-versa

In a perfect world, the relationship between a CFO and his or her board of directors is a symbiotic one. Unfortunately for too many companies, ...
CEO / CFO

Rollup: How finance can prepare to execute a rollup

  Today’s corporate leaders are increasingly finding their traditional financial playbooks to be outdated to the point of obsolescence. Sales can be volatile, while low ...
CEO / CFO

3 critical metrics behind recurring revenue

When companies can count a sizable portion of their income as recurring revenue, accounting and financial forecasting becomes much easier. But while these kind of ...
CEO / CFO

The finance solution set is broken. How do we fix it?

  The modern CFO faces some of the same challenges that have puzzled business leaders for a long time. According to a survey of CFOs ...
CEO / CFO

How executives can enable a strategic CFO

What does it mean for a chief finance officer to be strategic? More urgently, what is required of chief executives to enable the deep insight ...
CEO / CFO

Tech disruption requires vigilance from CFOs

Among the many daily dilemmas facing the average CFO is the crucial task of risk management. Finance leaders must always weave together efficient solutions to ...
CEO / CFO

Why building an effective F&A department is so difficult

When it comes to organizing and leading any business, it can be easy to point to its strengths in times of growth, but often difficult ...
CEO / CFO

Changing tax policy only adds to CFO headaches

One needn’t be a business executive or a financial analyst to know that the current outlook on U.S. tax policy is murky at best. While ...
Finance
CEO / CFO

How CFOs utilize the best budgeting methods

  So much of corporate financial planning is about making room for liabilities while still freeing up funds to advance the business forward. Unfortunately, operating ...

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