Resources

A provision of the Dodd-Frank Act protects internal whistleblowers.
CEO / CFO

Working With Executive Team on Company Growth & Exit Strategies

This was originally posted by the CFO Leadership Council The process of bringing your company to a place where you can exit successfully can easily ...
Finance

Better FP&A requires a bottom-up approach

The role of an accountant in a corporate setting has long been stereotyped as boring and perfunctory. Likewise, the many roles related to the task ...

Secondary share offerings change fundraising dynamic

Among the most noticeable changes in modern financial markets is the trend away from initial public offerings and a tendency for private companies to continue fundraising ...

Examining broader effects of new revenue reporting standard

For some companies, time is running out to meet compliance standards for the new revenue recognition rule issued by the Financial Accounting Standards Board. With ...
Robot

The future of finance automation

Are robots swooping in to take our jobs? Not exactly, according to recent research on the subject, particularly as it relates to corporate finance and ...
CEO / CFO

How CFOs can enable their directors, and vice-versa

In a perfect world, the relationship between a CFO and his or her board of directors is a symbiotic one. Unfortunately for too many companies, ...
Back Office Holding Back 3
CEO / CFO

CFOs are on the offensive in Q4

consero_inhouse_vs_outsource_infographic
Case Study

How private equity-backed AppleCare leveraged Finance as a Service to accelerate growth

AppleCare’s finance team wasn’t just missing out on insights contained within accounting data. It also had patient billing information tied to electronic medical records that ...

Getting the right financial information to make growth decisions

This blog was originally posted by Sage Intacct Cash is still the leading factor for business growth, which means it can also present a serious ...
consero_inhouse_vs_outsource_infographic
Finance as a Service

How Finance as a Service (FaaS) Provides Decision-Driving Insight for CEOs [Whitepaper]

Strategic finance has become the secret accelerator of high-growth companies where bets are bigger, risks are higher and the outcomes from decisions have lasting impact. ...

IPO resurgence hides underlying skepticism

To understand just how much the world of corporate finance has changed in what seems like the blink of an eye, look no further than ...

Understanding metrics in retail and services

  It’s common to think of businesses existing in two very general categories: those that sell a product and those that sell a service. But ...

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