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

Events and Webinars

2022 CFO Survey with Consero and Jack McCullough

We invite you to review the full results of the survey by clicking here:https://conseroglobal.com/2022-cfo-su… In this video, we explore what CFOs of institutionally backed companies ...
consero_inhouse_vs_outsource_infographic
Video Testimonials

Private equity firm leverages Finance as a Service to quickly build strategic finance teams and get streamlined reporting

Investment Partners is a middle-market private equity firm that invests in tech-enabled and services companies. When they bring an investment into their portfolio…
ArticleFinance & Accounting

How does finance and accounting affect the valuation of your company?

Your company’s investors will want to know where their money will go, while creditors will want to ensure you can repay your debt. This makes ...
ArticleFinancial Leadership

The Complete Guide on Financial Leadership

In today’s shifting and highly globalized world economy, proper financial leadership and a well-organized finance function are proving extremely valuable to business longevity and success. ...
Cover image for Consero Rollup whitepaper
Investor - Initial AcquisitionMergers and Acquisitions

How to Build a Scalable Finance & Accounting Platform for Successful Rollups

For those Private Equity (PE) firms employing a rollup strategy, it’s critically important to develop a systematic, repeatable process to onboard acquisitions quickly and get ...
Four men in business suits shaking hands
ArticleOutsourcing

What are the services provided by an outsourced finance & accounting firm?

When the CFO and finance department spend all their time trying to keep their financial statements and records straight, there is little time left to ...

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