Right Networks (now Rightworks), a PE-backed SaaS company with ~350 employees, needed to scale finance operations across multiple entities. Michele Iovino, Senior Controller, describes how utilizing Consero’s Finance as a Service (FaaS) standardized processes, automated the close, and unlocked time for strategic work.
The Challenge: Scaling Multi-Entity Finance
- Multiple QuickBooks files created duplicate workflows and maintenance.
- Growth and acquisitions demanded one process across all entities.
- The Controller’s time was consumed by transactional tasks and month-end checklists.
The Solution: Consero FaaS as an Integrated Team
- Consero partnered as an extension of the internal finance function, aligning on deadlines and deliverables.
- The service went beyond “outsourcing back office” to a true collaborative model that supports ongoing operations and change.
Technology Shift: From QuickBooks Files to Intacct
- Migration consolidated many files into a single system of record (Intacct).
- A unified chart of accounts enabled consistent reporting across entities.
- Standardization encouraged process redesign with a whole-company view.
Operational Impact: Automation and Process Discipline
- The close checklist is now automated, improving timeliness and consistency.
- One streamlined process replaced fragmented practices across the organization.
- Finance gained flexibility to scale with future growth and acquisitions.
Career Impact: Controller to Strategist
- With transactional work reduced, the Controller now focuses on forecasting, budgeting, and strategic initiatives.
- The role shift supports personal career growth and increases finance’s strategic value to leadership.
By combining Consero’s FaaS model with an Intacct migration, Right Networks standardized multi-entity finance, automated the close, and freed leadership to focus on forward-looking work. The result is a stronger operating model, and a Controller role elevated from transactional execution to strategic impact.
