3 main concerns when evaluating Finance as a Service


At Consero Global, your peace of mind is important to us. So, let’s discuss some potential concerns you might have when evaluating the Finance as a Service model:

1. “We’ve outgrown an outsourced solution.”

Consero Global’s Finance as a Service model is different than the traditional accounting consulting model. We help companies by implementing a turnkey accounting system, complete with processes and a team of experts. We work with companies that generate several hundred million in revenue, so we can scale and grow with you. And, we do it at the most cost-effective price point, in the shortest amount of time.

2. “I’ll just hire one person to figure it out, since I don’t have time to manage this.”

This is actually how many companies fail—by hiring just one person to do everything. But in order to have a world class accounting and finance department, you need a variety of skillsets. With us, that’s exactly what you get—a team of experts in every area. Whether it’s design and implementations or daily accounting activities, we have experts trained and ready. Our clients have found that our expert team approach has significantly better outcomes than just hiring one individual and hoping they can take care of everything.

3. “As a CFO, what will there be left for me to do once Consero is implemented?”

The role of CFO comes with many responsibilities, including both operational and strategic tasks. Consero Global works with some of the best CFOs in the nation. We’ve supported them by taking over the operational duties so they can confidently focus on the strategic ones, like being the best CEO’s right hand they can be. Save your time for the strategic parts of the job the tasks that need your experience, intellect, and insight like interacting with the CEO/Board, and employees, M&A, Funding, and growing the company.

We can help. Contact us to find out how.

Consero FaaS: Disrupting the Outdated Traditional F&A Model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