Consero Roundtable: Security and Controls in the Finance Function

Listen to this Roundtable to learn about best practices in cyber security and hear from experts on what financial systems and internal controls you can impart to mitigate risk in the finance function and protect your business from losing cash.
Updated: October 19, 2021

Share these insights:

Related Resources

A provision of the Dodd-Frank Act protects internal whistleblowers.

How much is accounts payable costing you?

  Do you have a hunch that the cost of processing invoices is bleeding your bottom line by a thousand ...
Events and Webinars

2022 CFO Survey with Consero and Jack McCullough

We invite you to review the full results of the survey by clicking here:https://conseroglobal.com/2022-cfo-su… In this video, we explore what ...
consero_inhouse_vs_outsource_infographic Whitepaper

Outsourced F&A Lets CFOs Stay Focused On Growth

What keeps CFOs up at night? According to a recent survey from The CFO Alliance, most heads of financial operations ...
Events and Webinars

Ok2Charge Leverages Consero’s Finance as a Service

Knowledge Bites: Client discussion with Eric Broughton, CEO of OK2Charge During the discussion, Eric Broughton expressed why he chose to ...
Video Testimonials

CFO finds fast and flexible solution with repeatable processes to easily handle acquisitions

Mike Dionne is the CFO of a private equity-backed SaaS company with 350 employees. Their private equity sponsor was regularly ...
CEO / CFO

Finance Organization Strategy and Structure in 2022

Growing the business, improving operational excellence and performance management, and executing business transformation are top priorities and responsibilities for most ...

Consero FaaS: Disrupting the Outdated Traditional F&A Model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