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Article

Strategic CFOs are gaining greater control through outsourcing

Chief financial officers (CFOs) struggle to strike a balance between strategizing long-term business goals, while ensuring that short-term tasks get completed. It’s difficult to focus ...

Common misconceptions about workplace productivity

In any widely read success story, whether for a top-performing executive, an investor who made the perfect bet or a TV producer who sparked a ...
Article

Transaction processing a prime target for improvement

Most CFOs are already well aware of the fact that routine transaction processing is costing their finance and accounting teams time, money and growth potential. ...
CEO / CFO

How executives can enable a strategic CFO

What does it mean for a chief finance officer to be strategic? More urgently, what is required of chief executives to enable the deep insight ...
Bill Klein, former Consero President
Financial Leadership

How CFOs can run a better meeting

In corporate life, it seems like meetings are treated with equal amounts of praise and contempt. The most productive meetings are energizing and engaging, a ...
CEO / CFO

Tech disruption requires vigilance from CFOs

Among the many daily dilemmas facing the average CFO is the crucial task of risk management. Finance leaders must always weave together efficient solutions to ...

Inside the mind of a startup investor

The prevailing conception of a venture capital investor, as they are generally portrayed in media, is that of a sharp-dressed executive with a penchant for ...
consero_inhouse_vs_outsource_infographic
Whitepaper

Outsourced F&A Lets CFOs Stay Focused On Growth

What keeps CFOs up at night? According to a recent survey from The CFO Alliance, most heads of financial operations at businesses all over the ...
CEO / CFO

Why building an effective F&A department is so difficult

When it comes to organizing and leading any business, it can be easy to point to its strengths in times of growth, but often difficult ...
consero_inhouse_vs_outsource_infographic
Infographics

In-house vs. Outsource Infographic

CEO / CFO

Changing tax policy only adds to CFO headaches

One needn’t be a business executive or a financial analyst to know that the current outlook on U.S. tax policy is murky at best. While ...
Mergers Acquisitions pic
Video

Lack of scalability will hinder your business growth

You have survived and thrived as a startup. You have customers and a healthy balance sheet. Does your business have the potential to multiply revenue ...

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