Synergis Education, a tech education firm based in Mesa, AZ, was expanding rapidly before it had the policies, procedures, and scalable finance infrastructure needed to support growth. With complex partner/customer agreements (and the operational demands that came with them), the team needed stronger financial operations without distracting leadership from market expansion and business-model maturity.
To overcome these hurdles, CFO Scott Wenhold turned to Consero Global to implement a scalable, outsourced finance solution that would allow leadership to focus on market penetration rather than backroom accounting.
“As a young company, we did not want to invest our capital into non-revenue generating assets, whether those assets were people or systems. The Consero model that we adopted is very scalable and cost effective but also flexible enough to adapt to our dynamic environment.” — Scott Wenhold, CFO, Synergis Education
Company Profile
- Industry: Tech-enabled education services
- Company Size: Rapidly expanding, multi-site, multi-P&L organization
- Consero Solution: Finance as a Service
Partnership Highlights
- Rapid Reporting: Successfully reduced the monthly close cycle to just four days.
- Audit Readiness: Transformed the year-end audit into a “non-event” through standardized, GAAP-compliant reporting.
- Operational Visibility: Gained real-time insight into customer performance and profitability, allowing for faster course corrections.
- Cash Flow Optimization: Improved the accuracy and length of cash planning and forecasting through standardized purchase order matching processes.
- Standardized AP process across decentralized, multi-site operations: Formal vendor onboarding, purchase order matching, and improved cash forecasting
- Audit and due diligence support: Met all investor, lender, and Board of Directors reporting deadlines
Finance at the Speed of Now
Skip complexity and gain clarity with Consero’s cutting-edge solutions.
⚡ Rapid implementation • Real-time dashboards • Scalable technology
The Consero Solution: A Scalable Financial Infrastructure
Consero provided a comprehensive Finance as a Service (FaaS) model that replaced fragmented systems with a unified, high-performance department. The engagement focused on four key pillars:
- Cloud-Based Technology: Implemented a scalable finance application and cloud infrastructure that centralized data for easy retrieval and audit transparency.
- Standardized Processes: Established uniform procedures for accounts payable and vendor onboarding, ensuring consistency across diverse client contracts.
- Workflow Automation: Introduced AP workflow automation and e-payment solutions to manage a decentralized, multi-geographic site environment.
- Dedicated Expertise: Provided a team of professionals to manage day-to-day accounting, ensuring all board, investor, and lender deadlines are met with precision.
“The processes and Consero systems inject a certain structure and discipline throughout the organization that provide a long runway into what we might be spending. It allows us to maximize the accuracy and length of our cash planning and forecasting activities.” — Scott Wenhold, CFO, Synergis Education
Modernize Your Finance Department in Weeks, Not Quarters
If your finance team is being stretched by rapid growth, complex customer agreements, or manual close and reporting processes, Consero will build you a scalable finance function without adding unnecessary headcount, major capital investment, or distracting leadership from growth.
Request a consultation to explore how Consero can streamline your close, strengthen reporting, modernize AP, and improve visibility into profitability—so your team can operate with confidence at the next stage of scale.
