Finance as a Service (FaaS): Going beyond outsourced accounting

Consero's solution combines traditional CFO, controller and bookkeeping services with proven processes and integrated software.
Updated: January 22, 2025

You can’t run a business on a flip phone. Unfortunately, too many companies today have finance and accounting support that is about as effective as a flip phone. The wrong people, inefficient processes and information spread across multiple systems consumes time and makes it difficult for busy executives to understand how the business is performing.

That’s where Consero Global comes in.

What Does Consero Do?

Consero is disrupting the way companies address their finance and accounting needs with Finance as a Service (FaaS). Finance as a Service is more than outsourced accounting – it’s a combination of personalized finance expertise, reliable back office support and software that gives you the clarity and confidence to make the right businesses decisions and a predictable and cost-effective service-based pricing model.

We are unique because we combine traditional CFO, controller and bookkeeping services with proven processes and integrated software. Clients gain enterprise-level financial visibility and operational controls at a fraction of the cost and time required to setup and manage an internal finance department.

Cloud-Based Command Center

Consero’s platform includes a single cloud-based customer interface called SIMPL that lets you interact with your finance team and view all financial information.

With SIMPL, you quickly receive:

* Personalized financial guidance

* Painless daily accounting that just works

* A single software interface with real-time access to your team and ALL of your financial data

* A predictable and cost effective service based pricing model

Whether you are looking for or just received financing or you’re an established business, Finance as a Service will give you the guidance, financial visibility, operational efficiency, and confidence you need to excel.

Contact us to learn more about FaaS – we can have you up and running in as little as 30 days.

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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