Resources

What Are The Challenges of Outsourcing With Finance as a Service
CEO / CFO

What Are The Challenges of Outsourcing With Finance as a Service?

Regardless of their size or industry, businesses need to have their financial transactions processed without the incidence of fraud or error. They also need to ...
Controls, Governance, Compliance

Consero Roundtable: Security and Controls in the Finance Function

Learn best practices in cybersecurity and what financial systems and internal controls can mitigate risk in the finance function and protect your business.
Case Study

Algo leverages Consero’s Strategic CFO Services to get the finance function in order before they could pursue acquisitions

Client leverages Consero’s Strategic CFO Services to get the finance function in order before they could pursue acquisitions. Background: PE-backed enterprise software company was looking ...
Case Study

Consero helps Managed Services Organization deliver “investment grade” financials

RMS Healthcare is the Managed Services Organization (MSO) that manages the Med First network of clinics. RMS knew its potential as a leading MSO but ...
Events and Webinars

Consero Roundtable: Security and Controls in the Finance Function

Listen to this Roundtable to learn about best practices in cyber security and hear from experts on what financial systems and internal controls you can ...
What Is Outsourcing With Finance as a Service
CEO / CFO

What Is Outsourcing With Finance as a Service?

In today’s highly disrupted and unpredictable business environment, operating a company, be it a startup or a multinational organization, will come with its series of ...
The Ultimate Guide to Finance as a Service
Article

The Ultimate Guide to Finance as a Service

Finance as a Service (FaaS) can provide organizations with enhanced reliability, timeliness, and quality insight into their financial performance. This solution empowers SMBs to focus ...
Video Testimonials

Controller moves her role from transactional to strategic with Consero’s Finance as a Service

Michele Iovino, Senior Controller with RightNetworks, moves here role from transactional to strategic.
Mike Dionne, CFO of RightNetworks, in a blue shirt and gray background
CFO Support

CFO Transforms Role + Streamlines Acquisitions with Consero’s Fast, Flexible Solutions

Right Networks' CFO streamlined acquisitions, reduced time spent on routine tasks, and shifted focus to strategic growth with Consero.
How Do You Measure Your Customer Retention Rate

How Do You Measure Your Customer Retention Rate?

Many businesses focus their attention on getting as many new customers as possible to make sales. However, loyal customers are, in fact, the foundation of ...
What Are Some Proven Strategies to Increase Customer Retention
CEO / CFO

What Are Some Proven Strategies to Increase Customer Retention?

The main priority for salespeople, regardless of the type of business or industry, is to constantly find new and effective ways of increasing revenue. At ...
What Is Customer Retention, And Why Is It Important
CEO / CFO

What Is Customer Retention, And Why Is It Important?

As time goes on, customer retention seems to become increasingly complicated. With the proliferation of consumer options, companies need to constantly adapt and find innovative ...

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