Linkedin Youtube Facebook X-twitter
Free Outsourcing ROI Calculator
Main Menu

Resources

< Back to All Insights

Resources

consero_inhouse_vs_outsource_infographic
Video

Top challenges faced after your company receives funding

May 1, 2018
If you’ve recently received funding, then you’re familiar with how challenging it is to provide timely, insightful financial information to your investors. Challenges This could ...
Article

The expanding role of the CFO

April 25, 2018
The Austin Chapter of the CFO Leadership Council met recently for a panel addressing industry-wide changes to the role of Chief Financial Officers. Thought leaders from BigCommerce, ...
A provision of the Dodd-Frank Act protects internal whistleblowers.
Article

Five tips to ensure your portfolio companies are audit ready

April 25, 2018
If you are the owner of any sort of for-profit organization, preparing for an audit can be quite stressful. An audit is designed to objectively ...
A provision of the Dodd-Frank Act protects internal whistleblowers.

How much is accounts payable costing you?

April 20, 2018
  Do you have a hunch that the cost of processing invoices is bleeding your bottom line by a thousand cuts? Or do you simply ...
CEO / CFO

Have you outgrown your accounting solution?

April 13, 2018
“If it ain’t broke, don’t fix it.” This adage serves as a common refrain in criticism of business management practices. Of course, time and again, ...
CEO / CFO

How CFOs enable growth through technology

April 9, 2018
In almost every industry, the role of the finance department has changed dramatically over just the last few years. Now there is greater pressure on ...
consero_inhouse_vs_outsource_infographic
Video

Top questions when thinking about outsourcing your finance & accounting

April 1, 2018
Key questions and answers to better understand the value of Consero's Finance as a Service model.
consero_inhouse_vs_outsource_infographic
Finance as a Service

3 main concerns when evaluating Finance as a Service

March 30, 2018
At Consero Global, your peace of mind is important to us. So, let’s discuss some potential concerns you might have when evaluating the Finance as ...
A provision of the Dodd-Frank Act protects internal whistleblowers.
Article

How to use finance as a marketing tool to increase value with investors

March 21, 2018
Too often, the work of finance and accounting teams within growing businesses seems perfunctory and inconsequential. That remains true even in the high-stakes world of ...
CEO / CFO

Positioning your company for success: key post-series A controls and processes

February 19, 2018
This guest blog by Consero was originally posted on Shoobx A Series A financing is usually a company’s first round of significant outside investment, and ...
Man with glasses and blue shirt sitting at desk
Accounting Software

When is it Time to Leave QuickBooks?

February 14, 2018
If you're thinking about leaving QuickBooks, then it may already be time. Companies tend to look for more scalable, automated solutions when growth and reporting ...
CEO / CFO

Why better financial data leads to better decisions

January 24, 2018
As 2017 drew to a close, it was increasingly clear that U.S. business leaders and executives were heading into the new year with a strong ...
What's Included in FaaS
What's Included in Advisory Services
Industries We Serve
Contact Us

Consero Global LLC
1717 West 6th Street, Suite 410
Austin, TX 78703
866.588.0495

Privacy Policy  |  Cookie Policy  |  Terms of Use
SOC 2 Type II Certification in blue text and AICPA logo
Sage Partner in green and white letters

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