Right Networks (now Rightworks), a rapidly growing, private equity-backed SaaS company, faced significant operational hurdles after completing three acquisitions and outgrowing its existing finance infrastructure.
The company partnered with Consero to build a foundation for future growth, and regain control, scalability, and visibility across entities – without building an oversized in-house team.
The Challenge: Post-acquisition Complexity Overwhelmed the Internal Finance Function
Rightworks’ growth exposed critical gaps that impeded speed and decision-making, quickly outgrowing existing finance and accounting systems as it expanded through acquisition.
- The finance function was stretched thin supporting the newly acquired entities.
- Internal processes could not scale effectively with the company’s rapid growth.
- A lack of integrated systems prevented a holistic financial view across all business units.
- The CFO was consumed by daily financial operations, limiting time for strategic work.
The Consero Solution: Implementing a Scalable Finance as a Service (FaaS) Model
Consero’s Finance as a Service (FaaS) solution delivered a tech-enabled, on-demand finance function designed to handle growth and integration, providing the company with tailored finance and accounting capabilities.
- Deployed best-in-breed software and efficient workflows, including a single General Ledger (GL) for all entities, within 30-90 days.
- Provided an experienced, on-demand finance team to manage fluctuating workloads and consistent back-office services.
- Standardized back-office services—transaction processing, close, and reporting—that scale as needed.
- Ensured the delivery of accurate, timely, and audit-ready financial reporting for sharp decision-making.
“The relationship with Consero has allowed me to move quickly with our private equity investors and evaluate potential acquisitions. If we were to swiftly execute on an opportunity, I’m confident that they would fold it in quickly and seamlessly,” said Mike Dionne, Rightworks CFO.
Results: An Acquisition-Ready Finance Engine That Frees Leadership to Drive Strategic Growth
The partnership transformed Rightworks’ back-office operations and unlocked significant strategic value, creating repeatable results.
With Consero, the company gained real-time insight, reliable reporting, and seamless integration capacity for future deals.
- On-Demand Finance Team: Consero’s professionals absorbed transactional workload and scaled during spikes.
- New Systems in 30–90 Days: Best-in-breed stack improved quality, efficiency, and cost structure.
- Accurate, Real-Time Insight: SIMPL’s standardized reporting delivered a clear, consolidated picture across all entities for sharp decision-making.
- Repeatable Playbook: An acquisition-ready function to onboard and manage new entities onto one GL.
- Strategic Leverage: The CFO shifted time allocation from 5% to 95% on strategic initiatives, including evaluating potential acquisitions.
Turn Finance into a Growth Advantage with Consero
If post-acquisition complexity, limited visibility, or scaling constraints are holding your business back, Consero can provide the on-demand team, unified systems, and repeatable processes to deliver timely, audit-ready reporting and real-time insight.
Partner with Consero to gain a scalable, efficient, and insightful finance function that empowers strategic decision-making for your next stage of growth.
