Chief Executive Officer

Scott Tynes
IFRS 15 focuses on providing best practices and guidance for reporting revenue stemming from the contracts a business enters into with its customers.

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Scott developed a passion for helping small and midsize companies with their finance function when he led due diligence efforts to acquire software companies for Trilogy Software. 9 out of 10 times the finance function was a disaster. The companies often struggled to produce quality financials let alone any forward-looking financials or KPI’s to help the business assess risks and opportunities.

He along with his co-founders began to dream about starting a company that focused solely on building the best performing finance function in the world. A company that would allow its clients to plug into a well-oiled finance and accounting machine vs. recreating the wheel and building finance functions from scratch in house. This passion and dream led to founding Consero Global Solutions and it’s what continues to drive the company forward today.

Scott has more than 20 years of direct finance and consulting experience with companies ranging in size from emerging technology businesses to Fortune 500 companies, including IBM. Prior to founding Consero, Scott was Director of Finance at Trilogy Software where he led efforts to build their off-shore finance team and led efforts to acquire and integrate over 15 acquisitions.

He holds an MBA from the University of Texas and a Bachelor of Arts degree in Business from Rice University. It was at Rice where Scott played basketball for four years and where he credits his first lessons in team building.

Scott sits on the board of the Austin Technology Council, which is a non-profit organization focused on being the leading unifying voice for tech companies in Central Texas.

Emerging, high-growth and mid-market companies need a solid solution for their F&A operations. We put together the technology, process and team to deliver results."

Consero FaaS: Disrupting the Outdated Traditional F&A Model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