Why Can’t You See How Your Business is Doing Financially?

In most companies, people can’t get what they want from finance – and what they do get doesn’t make sense of because they are not accountants. The old days of a business executive looking at an accounts receivable aging chart, and realizing they didn’t need to even review the chart, are over. At Consero Global, we know that sorting through large amounts of data for information is time consuming. That’s why we have a portal, a high-level overview of the current status of our clients’ financial reports that lowers the amount of communication processes to understand and use the data from financial reports. “In finance and accounting, there’s all this noise – because people don’t have all the information in a way they can quickly digest it,” says Bill Klein, president of Consero. “All of this is just noise and inefficiency that takes away from finance and really providing the value and the understanding of what’s happening in the business.” In this video, Bill explains how a portal allows Consero to improve finance so that businesses see real-time numbers, not an aging history.

Consero FaaS: Disrupting the Outdated Traditional F&A Model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