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

Industry - Professional ServicesSIMPL

Collective Group

Learn how the Collective Group overcame turnover challenges with outsourcing.
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 ...
Video Testimonials

VC-backed CEO discusses how Finance as a Service drives value in the finance function

Consero visits with longtime client, Corey Gross, CEO of Sensibill, a software and Fintech company. Corey has successfully raised Seed, Series A, and Series B ...
Back Office Holding Back 3
ArticleControls, Governance, Compliance

How Better Accounting and Finance Can Help Control Costs

Introducing a cost control program and eliminating waste is critical in reducing costs and saving money in your accounting and finance department. Depending on your ...

Rollup: why an inefficient finance function can roadblock success

For both private equity firms and small businesses with an appetite for intelligent investment, a rollup could promise remarkable returns on capital, reduced costs and better ...
CFO
Private Equity

Why CFOs struggle to measure risk

Organizational change is a primary driver of growth in business, but it’s also considered among the riskiest propositions in the executive playbook. According to the ...

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