SMBs Get Connected with Enterprise-Level Accounting Solutions

Updated: October 6, 2016

Consero is a Latin word that means “To Join” or “Connect”. In this video, Bill Klein, President of Consero Global, outlines why he and Scott Tynes chose this name for the company they founded in 2006. They encountered so many companies that lacked access to basic financial information and were drowning in all the financial decisions they had to make on a day to day basis. Bill and Scott knew that finance & accounting could efficiently create understanding and certainty to drive businesses forward.

Consero’s goal is to join companies together with an enterprise-level finance and accounting solution that provides them with the people, process and software that their businesses need to succeed. We give companies the proven process and the tight financial controls to efficiently manage their financial activities. This frees up their time so they can focus on strategic initiatives. Next, we deliver complete and comprehensive financial reporting so companies can actually make informed decisions about their business.

While some companies understand that their financial system is broken, they are very hesitant to change. Consero has the proven experience with over 200 company implementations, so we can quickly upgrade a company’s financial process with minimal disruption. Within weeks not months, companies will now have a complete picture of the overall health and direction of the financial performance of their business via high level metrics and key performance indicators (KPIs). Plus, companies can access all their financial information on demand, with up to the minute reporting on financial standing via iPad or laptop. With our talented people, proven experience and robust software, we help businesses efficiently solve their financial difficulties so they can drive their business forward.

Related Resources

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 ...
consero_inhouse_vs_outsource_infographic
Case Study

How CFO streamlined key finance and accounting procedures in an accelerated timeline

Every turnaround CFO has a story to tell. Many have walked into chaos and have taken years to establish order. As the newly installed CFO ...
ArticleFinancial Leadership

The 5 Laws of Cash Management in a Crisis

Everyone understands that cash management is a top priority when trouble hits, but the scale and intensity of the fallout from COVID-19 leaves little room ...
Blue neural network interconnected with money symbols
ArticleMetrics

5 Metrics Private Equity Investors Want to See

During the due diligence process, PE investors look at key metrics to feel confident in your company's financial health and growth prospects before investing.
Charts and graphs against gray background
ArticleFinance & Accounting

7 Signs It’s Time to Outsource Your Accounting

When growing businesses experience these warning signs, it's time to find a capable finance & accounting partner.
Pxl in white letters on blue background
Case StudyFinance as a Service

How PixelMEDIA Integrated Two Acquisitions in One Year with Consero

Consero helped PixelMEDIA's new CFO complete an ERP transition in 90 days, plus two acquisition integrations and three cash-to-accrual transitions within one year.

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