Resources

Article

Why Customer Retention Is So Important For A Recurring Revenue Business

Customer retention is defined as the act of keeping existing customers that your company has already spent money to acquire. Attracting and acquiring new customers ...
Article

The Guide to Key Metrics for SaaS and Recurring Revenue Models

Key Performance Indicators (KPIs) are the most important metrics you need to track to see how your business is doing. However, there are hundreds of ...
Business people in a glass office with white chairs
Article

How Outsourcing Helps Private Equity Firms Manage Costs During Economic Disruption

Leveraging outsourcing is one of the best ways for PE firms to gain a competitive advantage, particularly when managing costs is critical.
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Case Study

Tritium Partners taps Consero before hiring a full-time portfolio company CFO

The private equity firm Tritium Partners tapped Consero Global before hiring a full-time portfolio company CFO, so when the ideal candidate came along, he could ...
Events and Webinars

CFO & Investor Roundtable: Building a Financial Survival Kit for Portfolio Companies

Most CFOs and private equity firms didn’t build COVID-19 into any of their investment cases, but that doesn’t mean they’re powerless to respond. The pandemic ...
Article

How Can CFOs Navigate Their Business During COVID-19?

The entire world is facing a humanitarian and economic crisis unlike any we have seen in recent years. The spread of the COVID-19 pandemic has drastically changed ...
Article

The CFO’s Guide to Crisis Management and Business Continuity Planning

As the world finds itself in the grip of a worldwide viral outbreak, an overwhelming sense of uncertainty is felt everywhere. The nature of the ...
Back Office Holding Back 3
CEO / CFO

How Outsourcing Your Finance and Accounting Will Save You Time And Money

Sound financial management and accurate financial reporting are essential for any growing business. A skilled finance department requires full-time employees that may or may not meet ...
Back Office Holding Back 3
Article

How Better Accounting and Finance Can Help Control Costs

Introducing a cost control program and eliminating waste is critical in reducing costs and saving money in your accounting and finance department. Depending on your ...
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Article

What Is The Best Way To Get More Accurate Financial Data About My Company?

Maintaining accurate financial information is a top priority for companies across all industries. However, many private companies struggle to obtain timely and accurate financial data ...
Back Office Holding Back 3
CEO / CFO

How Do I Better Understand The Financial Position Of My Company?

The financial position of your company is the primary concern of every investor. Your financial strength is a clear indicator of your overall progress. Understanding ...
Article

The Guide To Gaining Better Visibility Into Your Company’s Financial Performance

Improved visibility of your company’s financial performance is essential for its growth and longevity. When your accounting systems and reporting tools don’t give you valuable insight into ...

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