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

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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Consero FaaS: Disrupting the Outdated Traditional F&A Model

  • 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