Fueling Your Growth: The Power of Fractional CFO Services (Consero Webinar)

While the CFO role is experiencing a wave of high turnover and escalating salaries across various industries, the significance of the role has also surged. A striking 90% of executives believe that the CFO role has significantly increased importance in response to economic uncertainty and growing financial complexity (Source: CFO). With companies searching for financial expertise, many are now turning to Fractional CFOs to offer strategic guidance on an outsourced basis.

During this video, you will discover how Fractional CFO Services, whether project-related assistance, temporary financial guidance, or financial leadership, can catalyze your company’s growth.

Our agenda will cover the following key topics:

– Outlook of the CFO Role
– Benefits of a Fractional CFO
– Evolution and finance function of a growing business
– When hiring a fractional CFO makes sense
– How to choose and benefit from the partnership 

Don’t miss this opportunity to gain insights from industry experts and discover how Fractional CFO Services can be a game-changer for your organization.

Jeff Stoss, Client CFO and CFO Services Lead, Consero
Trey Swain, Client CFO, Consero

Consero FaaS: Disrupting the Outdated Traditional F&A Model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