Resources

Back Office Holding Back 3
CEO / CFO

How Do CFO’s Drive Value?

This blog post was written by Scott Tynes and originally appeared in the Austin Technology Council Blog, entitled Scott Tynes’ Recap of CFO Dinner Introduction ...
CEO / CFO

Consero Exceeds Fundraising Goal to Educate Orphaned Children in India

The definition of “give” is to place a specified value on something. However, the value of education is priceless – especially when you live in ...
CEO / CFO

Consero Named Finalist for ACG Central Texas 2014 Growth Award

The ACG Growth Awards is an annual event that honors market-leading companies who make Central Texas the thriving business community that it is.  These companies ...
CEO / CFO

Will Your Back Office Stunt Your Company Growth?

Your objective is growth: steady, sustainable and accelerating. Can your back office financial operations support this growth without falling apart and adding non-scalable costs? Consider ...
CEO / CFO

Consero Answers: How To Get Paid in Full

Its one of the most gut-wrenching moments for any business owner or executive (and we have all been there!) – the moment when you realize ...
CEO / CFO

Consero Answers: Can Your Finance Team Support a Merger or Acquisition?

Organic growth can take you a long way, but any business with its eyes on long-term expansion is going to be drawn, sooner or later, ...
CEO / CFO

What are 4 signs that finance is not providing me value?

If ever there was a time for finance to step up and demonstrate its value to the organization at large, this has got to be ...
CEO / CFO

CFOs Becoming More Strategic

As the head of a finance organization there is a perpetual battle for your time between tactical issues and strategic initiatives. Tactical  Production of Financials ...
CEO / CFO

Frustrated with the financial information you receive to support your decision making?

“I have been around long enough to be sure that you don’t know what you think you know regarding product or client profitability until you ...

Consero FaaS: Disrupting the Outdated Traditional F&A Model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