Top questions when thinking about outsourcing your finance & accounting

Key questions and answers to better understand the value of Consero's Finance as a Service model.
Updated: May 7, 2025

Let’s go over some of the top questions from prospective clients.

What will my Consero team look like?

You’ll have one dedicated VP of Finance with 15 to 20 years of experience overseeing and managing the accounting team assigned to you.

Your team is customized to your role and business needs, and every member of your team is a degreed accountant, with 70% of our team possessing a post graduate degree in accounting.

How do you understand the nuances of my business?

Every business has things that make them unique. We come to the table with proven systems and processes that work for all companies, and then customize according to your unique needs.

Typically, the most unique aspect of a business is its revenue model. That’s why we work with you to define an optimized process for managing all of your revenue from quote to cash.

How do I know that everything is getting done?

During the implementation of Consero, we work with you to identify all the tasks that need to be completed on a daily, weekly, and monthly basis. Then, we systemize everything into workflows and track all items, so you have total transparency regarding what your team is working on. Our clients have said that this gives them more visibility and control than what they’d previously had with their in-house team.

With you guys doing so much, what will I be working on?

This depends on your role.

If you’re a CEO, we can manage your accounting and finance department completely, all the way down to basic bookkeeping.

If you’re a CFO or Controller, we can support all accounting functions below you, enabling you to focus on the strategic aspects of your role.

Whatever your role or business needs may be, Consero can help.

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Finance as a Service

Cutting edge technology, processes, and people in a fully-managed solution to deliver precise financial visibility and improved operational scalability, plus a lower and more predictable cost structure. 

Flex Finance

Keep your existing technology and processes. We can manage the back-office F&A function from end-to-end process, including closing the books. When you need skilled talent, we can supplement your F&A team.

Advisory Services

Expert advice and strategies to help you grow.

• CFO Advisory Services
• FP&A and Reporting
• Technical Accounting & Clean-Up

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