Ok2Charge Leverages Consero’s Finance as a Service

03/29/2023 |

Knowledge Bites: Client discussion with Eric Broughton, CEO of OK2Charge

During the discussion, Eric Broughton expressed why he chose to continue to use Finance as a Service as a repeat client.

The discussion also expresses how Consero provided:

  • A scalable platform that allows for easy access to business KPIs
  • Fully trained staff to manage back-office activities and day-to-day transactional accounting that will allow OK2Charge to grow
  • Well-documented processes that allow for audit and due diligence readiness

To learn more, visit: https://conseroglobal.com/

C-Suite Roundtable with Consero: A Recession Playbook for Managing Finances & Operations

03/02/2023 |
As the global economy faces uncertainty and the possibility of a recession, it’s essential for C-Suite executives to have a clear plan for managing finances and operations. Watch the on-demand C-Suite Roundtable: A Recession Playbook for Managing Finances and Operations where the executive panel shares practical strategies and insights on how to navigate these challenging times. You will learn about:
  • Key financial metrics to track during a recession
  • Best practices for reducing operational costs and maximizing efficiency
  • Strategies for securing funding and maintaining cash flow
  • The role of technology in enabling resilience and agility
Moderated by Consero Private Equity Director Tony Esposito, the panel includes the following C-Suite executives:
  1. John Araki, CFO of RecoveryOne https://www.linkedin.com/in/john-arak…
  2. Craig Fryar, COO of BankingON https://www.linkedin.com/in/craigfryar/
  3. Raj Lakhani, CFO of CORE https://www.linkedin.com/in/raj-lakhani/
To learn more about how Consero’s Finance as a Service solution can help you manage through turbulent times, request a 30-minute intro today: Request a Consultation
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CFO Roundtable – Managing OpEx During Economic Downturn

12/28/2022 |

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 take to manage operational expenses and prepare for an economic downturn.

In this virtual roundtable, you’ll hear from a panel of CFOs experienced in the software, IT services and telecommunication industry:

David Dolmanet, CFO of BryComm
Jessica Hamilton, CFO of Active Prospect
Steve Isom, CFO of Bloomerang

Learn how Finance as a Service can transform your organization and: Unify and clarify your numbers and processes

– Reduce the time you spend on the finance function by 90%

– Alleviate the need to hire and train finance & accounting staff

– Get an enterprise-level and accelerated finance function within as little as 30-90 days

– Enable growth as a driving force behind your business’s momentum and profitability

Let’s discuss how Consero can help your company, contact us here:

Request a Consultation

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

11/23/2022 |

How can you maximize the value from your audit and/ due diligence process? You may have had challenges with your audit or be in the midst of planning for the next one. It’s possible your company may be pursuing the next round of funding. How can you be better prepared? How can you maximize the value of your business?

Join Consero’s webinar to hear real stories – the good, the bad, and the ugly – directly from Mike Dansby, a CFO with more than 35 years of combined management and consulting experience in multiple industries including software, tech, and services.

You’ll learn how you can reduce your audit risks and help your organization to be audit and due-diligence-ready.

In this 45-minute webinar, you’ll discover:

* How to improve your process for preparing audit and due diligence-ready financials
* Why having buttoned-up financials at all times is critical to valuation
* Ways to ensure your company successfully completes an audit and due diligence

Learn more about how you can quickly get an efficient and audit-ready finance function: https://conseroglobal.com/request-a-c...

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Signs Your Organization Has Outgrown its Finance & Accounting Software

10/07/2022 |

According to a survey by Sage Intacct, over one-third of financial executives are actively searching for finance and accounting software alternatives. Whether you are on QuickBooks, or Zero, you may be experiencing some limitations of the finance & accounting software you implemented early on in your startup days. But when is the right time to migrate to a new, more advanced solution?

Watch this on-demand webinar where our presenters identify the major signs an organization has outgrown its current finance and accounting software. They will provide suggestions on what alternatives your peers are using. We will also be speaking with a finance leader who has recently moved off QuickBooks, and why.

If you would like to discuss your unique circumstance and how to accelerate your finance function, connect with us here.

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CFO of Roberson Stephens Gets Efficient Finance & Accounting Function From Scratch

10/07/2022 |

David Westbrook, CFO of Robertson Stephens, shares his past experience joining the company under the sponsorship of Long Arc Capital and a brand new management team.

Learn how Robertson Stephens leveraged Consero’s Finance as a Service to reduce time spent on building an F&A function and how Consero provided:

  • A turnkey, fully managed back-office
  • Access to a reliable and skilled finance team
  • Advanced reporting to support digital transformation
  • Support for add-on acquisitions
  • A back-office team to offload transactional roles so David could focus on investment growth
  • Take a look at why Finance as a Service and a fully managed financial solution could be a fit for you

Quotes from David Westbrook:

  • “Consero gives me time to put my attention on the growth thesis. 50% of my time is on M&A which I would not have time to do without Consero’s support. “
  • “The story is simple, Long Arc came to me and said “David, we can hire you and only you. You wouldn’t need to hire a team or find an accounting system, Consero can bring all of that to the table.””
  • “We receive a full suite of services from Consero – from HR, payroll, benefits, interface for AP to general ledger – Consero takes care of everything. I just sit at the top of the pyramid and complete final approvals.”
  • “Consero helps significantly with getting audits done timely and providing the reports auditors need. I can actually go away on winter vacations, which was something I was never able to do previously. I know Consero has things under control with the auditors and I don’t need to worry.”
  • “We have well thought out processes and appropriate segregation of duties, all thanks to Consero. That makes not only the auditors happy but also our investor because they can see that we have the proper controls and have mitigated risk of financial fraud. There is a dual protection from having auditors and Consero review the finances.”
  • “As much as I like QuickBooks for small businesses, I hate QuickBooks from a control perspective. I have audited many firms that use QuickBooks, and it is painful from an audit point of view.”
  • “In regard to SAP implementation, I have never met one that was on time or on budget ever. Consero had us up and running within a week. I wouldn’t have even been able to produce a list of accounting packages to consider in the same amount of time that we went from having nothing, to being fully functional.”
  • “When they brought me on board, I could have focused on all the building blocks needed to get a finance function in place but then I would not have been focused on building the business which is what they needed me to do.”

Schedule a 30-minute intro today: reserve your time here.

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2022 CFO Survey with Consero and Jack McCullough

08/01/2022 |

We invite you to review the full results of the survey by clicking here:
https://conseroglobal.com/2022-cfo-su…

In this video, we explore what CFOs of institutionally backed companies are grappling with. Special guest Jack McCullough, the Founder of the CFO Leadership Council, provides insights to this conversational webinar on trends and topics uncovered in the survey results.

Bartley O’Dwyer and Tony Esposito join Jack to discuss:

-The optimal state, size and organizational structure for a F&A function as a business scales
– Where CFOs should consider investing at different inflection points as a business scales
– Hidden costs and spending time on value-driving activities

The results were based on the responses of 100 PE-backed CFOs. Please feel free to download this complimentary report to discover how CFOs are optimizing for growth.

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Secrets of Rockstar CFOs with Consero and Jack McCullough

08/01/2022 |
In this video, Bridget Howard interviews Jack McCullough, 25x CFO and Founder of the CFO Leadership Council. Based upon conversations with elite CFOs, from Silicon Valley startups to Fortune 500 multinationals, in this Book Jack McCullough describes their key common traits regardless of their individual paths and journeys. You’ll learn the practices that make world-class CFOs, and how these people have become leaders in finance, strategy and operations. What Are The Secrets?
  • Think Strategically
  • Provide Ethical Leadership
  • Master Deal-Making
  • Build Elite Teams
  • Learn Continuously
  • Develop Board Relationships
  • Perform Cross-Functionally
  • Maintain Financial Expertise
  • Achieve Work/Life Balance
To learn more about how you can accelerate as a CFO, visit us at: https://conseroglobal.com/
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Finance as a Service quickly builds a scalable finance function during a private equity carve out

05/13/2022 |

Jared, CFO of Springbrook (acquired by Accel-KKR), shares his experience with an unsteady finance function, the challenging impact of a Carve-Out scenario on the finance & accounting function and how to overcome the void that is left.

Learn how Jared leveraged Consero’s Finance as a Service to reduce time spent on building a finance & accounting function and:

  • Quickly implement a scalable, cloud-based system with advanced functionality
  •  Access a reliable and skilled finance team
  • Get automation to support contracts, project accounting and CRM integration
  •  Develop workflows for AP, Collections, Expenses, and Cash forecasting
  • Get support for upcoming acquisition
  •  Offload transactional roles so he could focus on strategic initiatives

To learn more about how you can quickly build a scalable and efficient finance function, visit www.conseroglobal.com.

VC-backed CEO discusses how Finance as a Service drives value in the finance function

03/17/2022 |

Consero visits with longtime client, Corey Gross, CEO of Sensibill, a software and Fintech company. Corey has successfully raised Seed, Series A, and Series B funding across a number of venture funders including: Radical Ventures, Information Venture Partners, First Ascent Ventures, Mistral Venture Partners, Impression Ventures, and Operative Capital.

During the discussion, Corey tells us how Consero’s Finance as a Service model enables him to:

  • Be due diligence ready as Sensibill raised a SEED, Series A, Series B in addition to debt agreements with financial institutions and government grants and loans, all of which required diligence
  • Get experienced CFO advice that helped navigate Board interaction, funding rounds and business fluctuations
  • Have timely and accurate financial reporting that allowed for consistent clean audit opinions and timely investor and bank reporting
  • Access a sophisticated accounting platform including a cloud-based finance & accounting technology stack with workflows and automation to deliver real-time visibility into key financial data

Take a look at why Finance as a Service and a fully managed financial solution could be a fit for you: www.conseroglobal.com