Collective Group

Learn how the Collective Group overcame turnover challenges with outsourcing.
Updated: March 12, 2025

Many smart executives have great intuition, but lack the financial information to confidently make decisions. It becomes harder to run a business on instinct when you are growing in revenue and managing glitches and turnover. This CEO explains how he handled the most common challenges.

Related Resources

CEO / CFO

Operational vs. Strategic Financial Leadership

The CFO (Chief Financial Officer) role has changed significantly over the past ten years. The traditional role of the chief financial officer included reporting, preparing ...
Back Office Holding Back 3
CEO / CFO

3 keys to a solid investor reporting philosophy

Securing financing from one or more committed investors is a real cause for celebration in a seed-stage company. There’s no harm in taking some time ...
The Need for FaaS In The Post-Pandemic Marketplace eCommerce Industry
ArticleIndustry - Marketplace/eCommerce

The Need For FaaS In The Post-Pandemic Marketplace eCommerce Industry

Before COVID-19, online shopping was growing by about 4.5% a year. The retail landscape has changed this year due to increased movement restriction measures and ...
Woman and two men looking at computer
ArticleFinance as a Service

In-House vs. Outsourcing Finance & Accounting: How to Decide Which is Right for Your Business

Evaluate whether you should leverage a finance and accounting partners or build your finance function in-house.
Futuristic visual showing code snippets and symbols
Accounting SoftwareAccounting Software

13 Best Accounts Payable Software Solutions to Automate AP [2025]

The top AP solutions automate your processes, streamline workflows, and connect seamlessly with your other systems.
CEO / CFO

Have you outgrown your accounting solution?

“If it ain’t broke, don’t fix it.” This adage serves as a common refrain in criticism of business management practices. Of course, time and again, ...

Finance as a Service

Cutting edge technology, processes, and people in a fully-managed solution to deliver precise financial visibility and improved operational scalability, plus a lower and more predictable cost structure. 

Flex Finance

Keep your existing technology and processes. We can manage the back-office F&A function from end-to-end process, including closing the books. When you need skilled talent, we can supplement your F&A team.

Advisory Services

Expert advice and strategies to help you grow.

• CFO Advisory Services
• FP&A and Reporting
• Technical Accounting & Clean-Up

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