Resources

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Video

Poor financial visibility hinders strategic operational decision making

In today’s competitive economy businesses are required to make decisions faster than ever. Businesses need direct insight into the status of their processes and financial ...
Back Office Holding Back 3
CEO / CFO

3 keys to a solid investor reporting philosophy

Securing financing from one or more committed investors is a real cause for celebration in a seed-stage company. There’s no harm in taking some time ...
CEO / CFO

Transparency and visibility in accounting: What it means and why it matters

Among the most significant and widespread changes at play in the modern financial landscape is the result of changing attitudes toward accounting and finance. The ...
CEO / CFO

Is your seed-stage finance strategy stuck in the past?

The American economy is as vibrant as ever, and part of what has made it so strong is a business culture persistently favorable to small ...
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Whitepaper

CFO Leadership in Good Times and Bad

LEADERSHIP IN GOOD TIMES AND BAD: Are principles or styles common to both or are they unique? The modern CFO is hardly ever relegated to ...
CEO / CFO

KPIs seed investors look for in a company

When seeking out seed funding for a company, founders and entrepreneurs know that prospective investors will want to see a solid business plan, financial metrics ...
CEO / CFO

You have a growth strategy – how do you execute it?

We all know the famous admonishment regarding the tendency of our “best-laid plans” to be led astray, no matter if its designer is a mouse or ...
Financials

What Your Financial Statements Aren’t Telling You

A key part of getting a startup off the ground is securing funding, and in many cases, this means wooing investors with an enticing pitch. ...
Back Office Holding Back 3
CEO / CFO

Is finance adding value or just consuming time?

There’s no debating that every business needs to set aside some time (read: money) for basic finance operations. Whether it’s filing taxes, generating legally mandated ...
Back Office Holding Back 3
CEO / CFO

Do You Need to Audit Your Time To See How Much You Are Wasting?

This blog post was originally posted on Austin Technology Council’s weekend update on December 10, 2016. While there are many factors that determine a company’s ...
Video

Two Common Business Fears When Choosing to Outsource Finance

Bill Klein, President of Consero Global, explains two fears that companies face when choosing to go with a BPO or a managed financial solution. Executives ...
Video

How To Avoid Risking Your Valuation

One of ways that poor finance & accounting can really hurt your business is when a transaction is taking place. Many things determine the value ...
Video

Tactical Solutions Can’t Fix Strategic Problems

Bill Klein, President of Consero Global explains that many companies realize they have a broken financial process and usually try to fix it by doing ...
Video

SMBs Get Connected with Enterprise-Level Accounting Solutions

Consero is a Latin word that means “To Join” or “Connect”. In this video, Bill Klein, President of Consero Global, outlines why he and Scott ...
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Article

4 Ways Finance & Accounting Can Increase Your Company’s Valuation

You’ve launched your venture, survived due diligence and raised initial start-up funding. Congratulations! Now what? A longer-term view would entail building out the infrastructure of ...

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