Resources

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Article

4 Ways Finance & Accounting Can Increase Your Company’s Valuation

You’ve launched your venture, survived due diligence and raised initial start-up funding. Congratulations! Now what? A longer-term view would entail building out the infrastructure of ...
Consero Global logo followed by tagline
Article

Do You Have Financial Visibility on the Direction of Your Company?

As the leader of your company, it is your job to make sure everyone is moving in the right direction but if you don’t have ...
Back Office Holding Back 3
Article

How Do You Keep Your Financial Team Aligned With Your Company’s Needs?

It’s a paradox. One moment you have your finance team aligned with your company’s needs and then you decide to make an acquisition that will ...

Four Challenges Companies Face With Their Finance Teams

This blog post was originally posted on Austin Technology Council’s weekend update on August 19, 2016.Every executive knows that a well-running finance team or finance ...
Video Testimonials

YouEarnedIt Client Testimonial

YouEarnedIt is a SaaS platform that drives employee recognition, engagement, and a connected culture. As a CEO, Autumn Manning wears many hats while she …
Video

Why Can’t You See How Your Business is Doing Financially?

In most companies, people can’t get what they want from finance – and what they do get doesn’t make sense of because they are not ...

3 Poor Financial Processes That Can Lead To Employee Fraud

Just about every company will experience employee fraud in their lifetime. Companies should look at their finance department and understand how they process financial transactions ...
Finance-Professionals

Three Poor Financial Processes That Can Lead To Employee Fraud

Just about every company will experience employee fraud in their lifetime. Companies should look at their finance department and understand how they process financial transactions ...
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Accounting Software

Is Financial Data Disconnected At Your SMB?

Ask yourself the following questions. Do you have multiple, disparate systems for Accounting, Expenses, CRM, etc. that don’t share data? Are you using spreadsheets to ...
Video

Why Does Finance and Administration Consume Your Time?

We’ve all seen it: an employee hands over a large amount of data or reports, expecting someone to parse through them to find the important ...
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CEO / CFO

How Do CFO’s Drive Value?

This blog post was written by Scott Tynes and originally appeared in the Austin Technology Council Blog, entitled Scott Tynes’ Recap of CFO Dinner Introduction ...
Bill Klein, former Consero President
Talent

Why Are Companies Hiring Over and Over Again for Finance & Administration?

In a small business, capital often takes over, compromising the quality of in-house finance to fit budgetary restraints. We’ve all seen it … small- to ...

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