Why Companies Are Hiring Over and Over Again for Finance & Administration

Updated: March 24, 2016

In a small business, capital often takes over, compromising the quality of in-house finance to fit budgetary restraints. We’ve all seen it … small- to mid-sized businesses can only afford to hire one person, so they aim for the middle. They hope this middle person will provide the higher level of work more strategically, while also doing the lower transactional work in the business. That’s just not going to happen today. The result is an employee questioning his or her own confidence, and feeling little self worth. On the flip side, entrepreneurs and business owners are spending money, yet not getting any information in return to help run their businesses more efficiently and grow. That’s where Consero Global can help. Consero provides a small company with a team of financial experts to bridge this gap.

Related Resources

Business man at desk frustrated
ArticlePrivate Equity Solutions

Common Finance Mistakes Made by Private Equity Portfolio Companies

The finance and accounting team of a Private Equity portfolio company needs to deliver clear financial insights and do it quickly. However, these teams often ...
47
ArticleCFO Support

How the CFO role is evolving with the corporate controllers becoming more crucial

Finance and accounting teams in high-growth companies cannot operate without high-level strategic guidance from a finance executive, like a CFO. In recent times, this is ...
Events and Webinars

Consero Client Dive-In and Dine with Chad Denton: Delivering the best impact to your investor

Watch the Client Dive-In & Dine discussion with Chad Denton, CFO of findhelp, as he shares how to deliver the best impact to investors. As ...
Robot

The future of finance automation

Are robots swooping in to take our jobs? Not exactly, according to recent research on the subject, particularly as it relates to corporate finance and ...
Mergers Acquisitions pic

3 Moves That Don’t Work in Fixing Finance [+1 New Approach That Does]

The noted American writer H.L. Mencken famously remarked that for every complex problem there is a solution that’s clear, simple … and wrong. If Mencken ...
Several business people standing in board room
ArticlePrivate Equity Solutions

What should private equity firms do if their portfolio companies are always late in providing financials?

In our cooperation with many private equity firms, we’ve realized one thing – they all have very similar problems with their portfolio companies. It is ...

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