Consero awarded Sage Intacct President’s Club distinction – third year in a row

IFRS 15 focuses on providing best practices and guidance for reporting revenue stemming from the contracts a business enters into with its customers.

This coveted sales and customer satisfaction award is given annually by Sage Intacct to its top-performing channel partners. The award recognizes value added resellers (VARs) and Sage Intacct Accountants Program firms (SIAPs) for their success in helping clients leverage Sage Intacct’s cloud financial management software to grow and drive their businesses forward.

Sage Intacct has attracted the cream of the crop to its channel programs, boasting 31 of the Top 100 CPA firms and 30 of the Top 100 VARs in the industry. Those numbers are the most of any cloud financial management software vendor. Backed by a 5-Star Partner Program and Sage Intacct’s best-in-class cloud financial management software, Sage Intacct partners have achieved stellar results over the past year.

Here is an overview of the channel partners that qualified for Sage Intacct President’s Club in 2018.

Consero FaaS: Disrupting the Outdated Traditional F&A Model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