Resources

CEO / CFO

Professionalizing the Finance Function in Your Company

Hiring a CFO might seem redundant when your business is still in its infancy. But if your company has successfully navigated the start-up stage, is ...
CEO / CFO

What is Financial Leadership

Strong leadership plays a critical role in ensuring that organizations stay financially adaptable and are able to build resilience and sustainability in today’s fierce market. ...
Article

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. ...
Two pairs of hands going over a calculation
Article

Finance as a Service (FaaS) vs. In-House Finance Department

FaaS offers a disruptive alternative to building an in-house finance team.
Private Equity

Achieving a Higher Standard for the Finance Function Amid COVID-19

The standards still apply COVID-19 might feel like a reason to suspend the usual priorities, but now more than ever, the finance function at portfolio ...
CEO / CFO

Is Finance as a Service Right for My Company?

Digital SaaS (Software as a Service) platforms have been the catalyst for several major disruptions, and they have also been gaining substantial ground in the ...
partial image of person sitting in front of laptop with phone
Article

What is Finance as a Service? How it Works + Benefits of Outsourced Finance and Accounting

The Finance as a Service model is a modern alternative to building an in-house F&A department, in which a third party partner provides the people, ...
CEO / CFO

How Finance as a Service Improves Financial Visibility

CEO / CFO

FaaS Resiliency: Why Some Finance as a Service Providers Are Built to Last

The economic fallout from COVID-19 has already prompted the closure of one notable FinTech provider, leading some to wonder about the health of the rest of ...
Man with coffee looking at stock chart on tablet
Article

How Important Is Monthly Recurring Revenue For Investors?

Businesses with recurring revenue models command higher multiples from investors because they offer a greater degree of certainty.
CEO / CFO

Investor Roundtable: Raising Capital Amidst COVID-19 – Investors Perspective

(filmed June 4, 2020) Consero’s Private Equity Roundtables enable Investors & Portfolio CEO’s/CFO’s the opportunity to gain valuable understanding and share actionable information for the middle-market tech ...
CEO / CFO

How Does the Lifetime Value of a Customer Affect Recurring Revenue Businesses?

When developing and implementing a customer experience program, customer satisfaction and Net Promoter Scores are two important KPIs to track because they help your company ...

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