Linkedin Youtube Facebook
Free Outsourcing ROI Calculator
Main Menu

How do private equity firms add value to their porfolio’s finance & accounting function?

Updated: October 26, 2021
Back Office Holding Back 3

Why start from scratch each time you need to establish a finance and accounting function? Plug into a pre-built finance factory. Consero’s Finance as a Service is the alternative to building a traditional in-house finance & accounting function. What used to take 9-18 months, now takes 30-90 days. Get more efficiency, increased financial visibility, operational scalability – all at a lower cost and less time than building in-house. Our skilled accounting team, pre-integrated software stack and best-practice based processes will have you outpacing your competition. Connect with us for a complimentary demo today. www.conseroglobal.com

Related Resources

consero_inhouse_vs_outsource_infographic
Case StudyService - Strategic CFO Support

PE firm leverages FaaS to quickly build finance teams, get streamlined reporting and enable CFOs to focus on strategy

January 30, 2020
The Situation BV Investment Partners is a middle-market private equity firm that invests in tech-enabled and services companies. When they bring an investment into their ...
Gray broken triangle with red and blue splatter at the broken part
ArticleExit Strategy

Signs Your Portco Isn’t Ready for an Exit (+ How to Prepare)

December 19, 2024
Identify and address these warning signs to maximize your valuation and ensure a successful exit.
Four men in business suits shaking hands
ArticlePrivate Equity Solutions

5 Reasons Private Equity Firms use Finance as a Service (FaaS)

February 5, 2019
PE firms are turning to Finance as a Service (FaaS) partners to handle finance and accounting at portfolio companies.

Accounts Receivables: Leveraging Credit Policies to Improve Liquidity

March 24, 2010
Overdue receivables obviously have a major impact on your company’s cash flow. If you don’t have a clear, detailed, firm credit policy in place, expect ...
Justin Kustka of BV Investment Partners
Private Equity SolutionsVideo Testimonials

Why BV Investment Partners uses Finance as a Service for their portfolio companies

February 4, 2020
Justin Kustka of BV Investment Partners discusses why they turned to Consero for help with the finance teams at their portfolio companies.
CEO / CFO

Best practices for driving digital finance in your back office

July 11, 2018
  Improvement is a key consideration for business leaders throughout the modern economy, and finance is no exception. While the core concepts of managing a ...

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

What's Included in FaaS
What's Included in Advisory Services
Industries We Serve
Contact Us

Consero Global LLC
1717 West 6th Street, Suite 410
Austin, TX 78703
866.588.0495

Privacy Policy  |  Cookie Policy  |  Terms of Use
SOC 2 Type II Certification in blue text and AICPA logo
Sage Partner in green and white letters

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