Resources

Case Study

Corporate franchise gets greater scalability and lower costs from outsourcing vs. in-house solution

Sunstone Yoga was faced with rapidly growing requirements for F&A services, both at the corporate level and for a diverse group of franchisee owners. While ...
Case Study

CFO finds flexibility in the outsourcing model and keeps pace with business changes in a very seamless, cost-effective manner

Synergis Education Solves Unique Problems with Outsourcing Strategy Synergis Education (Mesa, AZ) is a tech education firm that has been expanding rapidly. With rapid growth, ...
Bill Klein, former Consero President

Does Your Finance and Accounting Drive Growth and Profitability?

Most small businesses do not understand what finance should be giving them. It’s that lack of understanding that paints a negative image in their mind ...
Video Testimonials

Sparksight

When finance & accounting is not your core competency: outsource. Kelly Shores, CEO of Sparksight, leverages Consero’s Finance as a Service model to offload critical ...
Industry - Professional Services

Collective Group

Learn how the Collective Group overcame turnover challenges with outsourcing.

Four Financial Pitfalls That Derail SMB Companies

Businesses may understand what their clients and customers need, but cannot sustain consistent growth without a complete, continuously updated financial picture. We’ve seen this happen ...
Video

Consero Global – Software & Services

Consero Global provides companies with more insightful financial information and scalable back office operations. Consero’s fully managed platform of robust software, experienced finance professionals and ...
Back Office Holding Back 3
Private Equity

Why more private equity firms are developing shared services in finance & accounting

With investment firms still looking to deploy large amounts of money, competition for deals continues to be fierce.  For firms actively looking for new investments, ...

3 Reasons Why Financial Outsourcing Is on the Rise

There is an upward trend of outsourcing in every area of business, supported by an improving economy and rising revenue in the human resource, finance ...
CEO / CFO

Will Your Back Office Stunt Your Company Growth?

Your objective is growth: steady, sustainable and accelerating. Can your back office financial operations support this growth without falling apart and adding non-scalable costs? Consider ...
CEO / CFO

Consero Answers: How To Get Paid in Full

Its one of the most gut-wrenching moments for any business owner or executive (and we have all been there!) – the moment when you realize ...
CEO / CFO

Consero Answers: Can Your Finance Team Support a Merger or Acquisition?

Organic growth can take you a long way, but any business with its eyes on long-term expansion is going to be drawn, sooner or later, ...
Colorized financial reports
Article

7 Top Financial Reporting Challenges [+ Solutions]

The biggest challenges usually arise from having inadequate people, processes, or systems to produce meaningful reporting outputs.
Dollar bills over a colorized bar chart
Article

4 Metrics to Benchmark Your Finance Function Performance

Measure the ROI and efficiency of your F&A teams using these metrics.
Mergers Acquisitions pic

3 Moves That Don’t Work in Fixing Finance [+1 New Approach That Does]

The noted American writer H.L. Mencken famously remarked that for every complex problem there is a solution that’s clear, simple … and wrong. If Mencken ...

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