Chief Technology Officer

David Abendschein

Get to know our team

David serves as the Chief Technology Officer for Consero and his role consists of implementing and overseeing Consero’s engineering, security, quality, and software delivery standards and practices.

David is an accomplished technology leader with over 20 years of experience specializing in building and retaining high performance technology teams by hiring, developing, and motivating skilled professionals. Over his professional career, David has led organizational transformation while delivering on top technology initiatives. David has a proven track record of cutting costs while increasing efficiencies and leveraging technologies to enhance productivity.

Prior to Consero, David held several technology leadership positions with Fortune 500 firms, such as Charles Schwab, Dell Computer, and Wells Fargo. In those roles, he helped with overall technology strategy and direction, engineering and quality operations, as well as operational efficiencies and automation practices.

David has a Bachelor’s of Science in Management Information Systems from Iowa State University. When David is not working, you will find him on the golf course, downtown Austin enjoying the city/outdoors, travelling, and spending as much time with his family as possible.

My mission is to align Consero’s technology strategy with its business strategy by effectively driving the engineering vision and architecture and to continually focus on the overall quality we are giving to our customers."

Consero FaaS: Disrupting the Outdated Traditional F&A Model

  • 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