When Nick Fischer joined Betteridge Jewelers Group as CFO, he inherited a century-old retail legacy that had outgrown its financial infrastructure. The company was operating with outdated Peachtree software with manual processes, infrequent reporting, and informal forecasting.
With an ambitious goal to grow annual revenue from $100 million to $500 million within a decade, Fischer knew the existing “chaos” couldn’t scale. To bridge the gap, Betteridge partnered with Consero, bringing in experienced finance leadership, a proven transition approach, and a modern financial management platform to standardize reporting, improve visibility, and enable growth.
“We needed a robust financial measurement infrastructure in place to successfully navigate our business transformation.” –– Nick Fischer, CFO, Betteridge Jewelers Group
Company Profile
- Industry: Luxury Retail
- Consero Solution: Finance as a Service (FaaS)
- Company Size: Approximately $100 million in annual revenue
Partnership Highlights
- Migrated accounting operations to Consero’s platform and went live in ~3 months
- Cleaned up and prepared prior-year data for reporting and auditing in parallel with the migration, positioning the company for future lending and equity transactions
- Produced the company’s first monthly financial report and enabled more timely, line-by-line performance visibility
- Avoided the time and cost of building a larger internal team (estimated 12+ months and multiple hires without Consero)
- Shifted from bi-annual reviews to weekly cash flow forecasting and detailed monthly reporting.
- Established an enterprise-level “people, process, and technology” framework capable of supporting 5x revenue growth.
The Consero Solution
Consero provided Betteridge with a comprehensive financial ecosystem designed to offload routine bookkeeping and elevate the CFO’s role to a strategic one. The engagement focused on core pillars:
- Expert Guidance: Betteridge was assigned a dedicated VP of Finance to serve as a proactive partner and single point of contact, ensuring a “finance pro” was always at the helm.
- Advanced Technology Stack: The team migrated Betteridge’s operations to Consero’s financial management platform, incorporating the Sage Intacct accounting system to replace their legacy software.
- Data Integrity and Cleanup: While transitioning the systems, Consero concurrently cleaned up the prior year’s nonstandard data, ensuring the company could pass a formal audit.
- Strategic Reporting: Implemented a granular, line-by-line reporting structure that allows the executive team to track earnings and expenses in real-time.
“The people, process and technology that they bring to the table are very aligned with processes of enterprise companies. The time saved, the ability to scale and the talent Consero provided were the biggest factors for us.” –– Nick Fischer, CFO, Betteridge Jewelers Group
Ready to Accelerate Your Finance Function?
If your current accounting processes are a “holding pattern” preventing your next strategic pivot, it’s time for a more sophisticated approach.
When you’re struggling with outdated financial systems, limited visibility into performance, or need to scale quickly without adding headcount, Consero delivers enterprise-grade finance and accounting capabilities—complete with dedicated finance professionals, proven processes, and best-in-class technology—on a timeline that matches your growth ambitions.
Contact Consero today for a consultation to gain the transparency and scalability you need to reach your most ambitious revenue goals.
Talk to a Consero finance expert about what a modern, AI-enabled F&A function looks like for your business. We’ll map it out together — it’s 30 minutes, zero pressure.
No sales pitch. Just a roadmap tailored to you.
