Resources

Case Study

How Base10 Partners is Using Finance as a Service (FaaS) to Manage the Back Office of the ManCo

During a recent Client discussion, Consero Senior Vice President of Finance Aaron Odle spoke with Jarred Morales-Mckinzie, the Director of Finance, Operations and Tax for ...
Events and Webinars

Add-On Acquisition Readiness Part 2

With studies by Deloitte revealing that over 50 percent of acquisitions don’t achieve the expected ROI or value, businesses face a formidable challenge. How can ...
Events and Webinars

Rapid Growth: Lessons and Learnings with Keel Digital COO, Jay Fischbach

As the economy gains momentum post-downturn, business leaders and investors are refocusing on revenue growth. In this on-demand event, Keel Digital, COO, Jay Fischbach shares ...
Finance as a Service

How Consero Clients are Transforming the Finance Function with Finance as a Service

Consero hosts Synacor and RecoveryOne how Finance as a Service successfully transformed their finance functions into agile, cost-effective powerhouses.
Events and Webinars

Fueling Your Growth: The Power of Fractional CFO Services (Consero Webinar)

While the CFO role is experiencing a wave of high turnover and escalating salaries across various industries, the significance of the role has also surged. ...
Events and Webinars

Consero Client Discussion: Base10 Partners – First Black-Led VC Firm To Cross $1 Billion AUM

In this Consero client discussion with Jarred Morales-Mckinzie, Director of Finance at Base10 Partners, shares his experience in a venture capital firm with $1.8B in ...
Whitepaper

Beer with a CFO

Strategic CFOs Bubble up their Top Advice ADVICE 1 – Steve Isom, CFO Bloomerang 3 Tips for Your Recession Survival Guide ADVICE 2 – Chris ...
Video Testimonials

Discussion with Base10 Partners – First Black-Led VC Firm To Cross $1 Billion AUM

In this Consero client discussion with Jarred Morales-Mckinzie, Director of Finance at Base10 Partners, shares his experience in a venture capital firm with $1.8B in ...
Team meeting next to orange title Add-on Acquisition Readiness
Events and Webinars

Add-On Acquisition Readiness

Consero provides a comprehensive overview of add-on acquisitions, their benefits, challenges, and key considerations for a financially successful implementation.
Whitepaper

Thriving in Uncertain Times

Strategic CFOs offer advice for dealing with economic downturns “Uncertainty” might be an understatement when it comes to the current business and economic environment. With ...
What’s the Best Way for Early-Stage Private Equity Firms to Handle Finance and Operations?
Private Equity

What’s the Best Way for Early-Stage Private Equity Firms to Handle Finance and Operations?

The rapid growth of the private equity industry over the past decade is breeding a new set of PE fund managers and firm founders. A ...
CEO / CFO

What are the Secrets of Rock Star CFOs?

The CFO position has evolved considerably in recent years, from what was sometimes derisively called a “bean counter” in the past to more of a ...

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