The Changing Face of Finance: How CFOs Maximize the Value of Software and AI to Drive Better Business Decisions

Over the course of the last decade, there has been an explosion of choices in financial management software—from full function suites to industry-specific apps. The software has matured with data management, reporting and functionality to deliver huge productivity gains to finance departments. Yet organizations still flounder with lack of insight and cumbersome business processes.

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The organizations realizing the most value from software understand the need to align applications with the organization’s unique objectives and requirements. They know what questions to ask to build the insights that will drive decisions.

In this eBook, we’ll share the secrets of those CFOs who are maximizing the value of software and AI. They are adding value to their organizations by understanding requirements and leveraging software to simplify—streamlining processes and delivering clear, concise insight

Consero FaaS: Disrupting the Outdated Traditional F&A Model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