Resources

Emerging growth companies face looming deadline

A new class of companies, representing a large portion of U.S. businesses created in the last five years, may now be face a year-end deadline to enact ...
Red arrows pointing at colored line charts
Article

KPIs that every SaaS company should be measuring

Enabled by the ubiquity of the internet and adopted by businesses and consumers everywhere, the software-as-a-service model has proven itself a winner incredibly quickly. But ...
CEO / CFO

Rollup: How finance can prepare to execute a rollup

  Today’s corporate leaders are increasingly finding their traditional financial playbooks to be outdated to the point of obsolescence. Sales can be volatile, while low ...

Rollup: why an inefficient finance function can roadblock success

For both private equity firms and small businesses with an appetite for intelligent investment, a rollup could promise remarkable returns on capital, reduced costs and better ...
CFO
Private Equity

Why CFOs struggle to measure risk

Organizational change is a primary driver of growth in business, but it’s also considered among the riskiest propositions in the executive playbook. According to the ...
Taxes

Common accounting mistakes

  Accounting mistakes are common among small businesses, but they are unique in their ability to inflict damage long after they initially appear in balance ...
CEO / CFO

3 critical metrics behind recurring revenue

When companies can count a sizable portion of their income as recurring revenue, accounting and financial forecasting becomes much easier. But while these kind of ...
consero_inhouse_vs_outsource_infographic
Case Study

How CFO streamlined key finance and accounting procedures in an accelerated timeline

Every turnaround CFO has a story to tell. Many have walked into chaos and have taken years to establish order. As the newly installed CFO ...

Why startups fail for the same reasons

They may be software developers convinced they’ve cracked the code to the next big idea in tech, or simply local shops that open up to ...

Deadline for revenue recognition rules leads to new accounting headaches

  In 2014, the U.S. Financial Accounting Standards Board announced the development of new standards for revenue reporting intended to streamline accounting practices across many industries. ...
CEO / CFO

The finance solution set is broken. How do we fix it?

  The modern CFO faces some of the same challenges that have puzzled business leaders for a long time. According to a survey of CFOs ...

Why not all corporate value is created equal

  Understanding and reporting on the financial value of any company is no easy task, but it’s arguably even more difficult for startups and early-stage ...

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