Resources

Events and Webinars

CFO Client Discussion with Wes Edwards, CFO of Multi-Location Healthcare MSO (backed by Sverica)

Consero’s Finance as a Service enabled the newly hired CFO to focus on being a strategic partner to the CEO with confidence that the basic ...
How Finance as a Service Helps Professional Service Organizations
Article

How Finance as a Service Helps Professional Service Organizations

Professional services have seen a tremendous boom in recent years, with the number of companies in this sector growing significantly over the last decade. Professional ...
Events and Webinars

An Interview with Bill Klein – Using technology to deliver amazing customer experiences – Season 1: Episode 1

In this episode, Bill Klein, the Co-founder and President of Consero, discusses the way they are changing the way business build and maintain the finance function with ...
What is The Importance of Accurate and Timely Financial Reporting for Saas Companies?
Article

Why is Accurate and Timely Financial Reporting Important for SaaS Companies?

Financial analysis and reporting provide valuable insight, enabling companies to stay compliant while making more efficient decisions about their income or expenditure-focused initiatives. Evidence-based reporting ...
How to Optimize SaaS Productivity and Efficiency With Financial Cloud-Based Platforms?

How to Optimize SaaS Productivity and Efficiency With Financial Cloud-Based Platforms?

Businesses of all shapes and sizes are turning to digital technology in the 21st century to increase their profitability. Cloud-based financial software platform providers offer ...
Events and Webinars

Cocktails and Consero: Client Discussion with CFO of Pelitas

CFO of PE-backed Pelitas shares his story of how he was able to stay focused on strategy and the 100-day plan vs. managing the finance ...
dynamic upward flow of light trails in blue, green, and yellow
Accounting Software

How Finance as a Service Helps SaaS Companies Grow

FaaS combines financial expertise with best of breed tech to automate the back-office and investor reporting.
Two people in business suits pointing at a chart
Article

What is a Good Monthly Recurring Revenue Growth Rate For a Business?

A 15-20% MRR growth rate is a good target for post-seed/pre-series A startups. Later, 10-15% month-over-month growth is a very good benchmark.
What is Monthly Recurring Revenue?
Article

What is Monthly Recurring Revenue?

What is monthly recurring revenue (MRR)? It might seem like a simple question, but this term can be difficult to explain. Put simply, MRR is ...
Three concentric circles of differing shades of light blue
Article

Monthly Recurring Revenue (MRR): Calculator, Formula & How to Track for Growth

Learn how to properly calculate and apply insights from one of the most important KPIs for recurring-revenue businesses.
Hand stacking blocks with dollar signs into a pyramid
Article

The Ultimate Guide to Monthly Recurring Revenue (MRR)

MRR is like a power plant for subscription-based businesses, fueling growth when understood properly.
How To Find The Best Finance as a Service Partner For Outsourcing
CEO / CFO

How To Find The Best Finance as a Service Partner For Outsourcing?

Running a successful business depends on efficient and accurate finance & accounting operations. In more recent years, numerous organizations have started outsourcing some of these ...

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