Why Are Companies Hiring Over and Over Again for Finance & Administration?

Updated: March 17, 2025

In a small business, capital often takes over, compromising the quality of in-house finance to fit budgetary restraints.

We’ve all seen it … small- to mid-sized businesses can only afford to hire one person, so they aim for the middle. They hope this middle person will provide the higher level of work more strategically, while also doing the lower transactional work in the business.

That’s just not going to happen today. The result is an employee questioning his or her own confidence, and feeling little self worth. On the flip side, entrepreneurs and business owners are spending money, yet not getting any information in return to help run their businesses more efficiently and grow.

That’s where Consero Global can help. Consero provides a small company with a team of financial experts to bridge this gap.

As Bill Klein, president of Consero, says, “For the work that’s needed to support a small- to mid-sized business, there are components of it that are pretty strategic … understanding capital needs of the business, helping the business understand what their options are, making sure the business is in compliance, down to paying vendors and invoicing customers. There are different skill sets for each of these buckets.”

In this video, Bill offers his views on hiring strategies and success for small businesses.

Related Resources

ArticlePrivate Equity Solutions

Why private equity firms are turning to professional finance and accounting providers

It’s relatively well known today that private equity firms always turn to ROI when they are contemplating making specific buying decisions. PE firms do this ...
ArticleFinancial Leadership

What should a CFO do to become personally effective?

We took a look at what Gartner has found, and we were honestly surprised: Only one in every five CFOs can be considered as personally ...
Supply chain
CEO / CFO

3 ways to integrate finance with the supply chain

The supply chain is truly integral to the functioning of any business. Not surprisingly, it also consumes a large portion of a company’s operating expenses ...
Back Office Holding Back 3
ArticleTalent

How Do You Keep Your Financial Team Aligned With Your Company’s Needs?

It’s a paradox. One moment you have your finance team aligned with your company’s needs and then you decide to make an acquisition that will ...
BigCommerce case study quote
Case StudyCFO

How BigCommerce Scaled from Startup to IPO with a Strategic Finance Partner

"Consero was already part of my playbook, and I needed them here so I could focus on strategic priorities and the growth drivers of the ...
Events and WebinarsMergers & Acquisitions

Master Add-On Acquisitions: Proven Lessons from 35+ Deals Closed

Seasoned operators share their proven add-on acquisition strategies.

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