Exit Readiness Checklist, a CFO Perspective

The deal floodgates will soon open. Here’s how financial leaders and investors can proactively ensure their companies or portco stand out in a crowded marketplace.
Updated: October 22, 2024

After a period of relative quiet in the market, many experts anticipate that the “floodgates” could soon open, bringing a surge of deals to the table. Financial leaders and investors need to be proactive to ensure their companies or portco stand out in what could become a crowded marketplace.

With many CFOs and business leaders navigating lean teams and tight resources, it’s more crucial than ever to strike the right balance between ongoing operations and exit preparations.

In this video CFO of Bloomerang Steve Isom and Consero Managing Director of CFO Advisory Services Tom Pierce will cover:

  • Why is Exit Readiness a Topic for Today
  • The Essential Role the CFO plays
  • What Comprises Exit Readiness
  • Elements of Exit Readiness
  • Final Takeaways

To learn more, visit our website:  https://conseroglobal.com/request-a-consultation/

Related Resources

Pxl in white letters on blue background
Case StudyFinance as a Service

How PixelMEDIA Integrated Two Acquisitions in One Year with Consero

Consero helped PixelMEDIA's new CFO complete an ERP transition in 90 days, plus two acquisition integrations and three cash-to-accrual transitions within one year.
Abstract finance and accounting visualization with a cloud and graphs
ArticleTalent

How to know you are working with a smart accountant

Being an accountant in the smart modern era of new technologies and automation is not an easy job. Accountants can quickly lose a job or ...
Pair of hands pointing to financial measurements
ArticleReporting

What challenges are faced after private equity funding?

Have you ever approached an investor for funding? If you did, then you know how challenging it can be to provide the relevant, insightful, and ...
Mergers Acquisitions pic
Video

Poor financial visibility hinders strategic operational decision making

In today’s competitive economy businesses are required to make decisions faster than ever. Businesses need direct insight into the status of their processes and financial ...
Insurity case study title card
Case StudyFinance as a Service

How Insurity Integrated 3 Rollups En Route to a Profitable Exit

Consero's FaaS solution saved Insurity 37% on the finance function, improving enterprise value upon successful exit.
ArticleMetrics

2020 Finance Analytics

Thanks to today’s digital technologies, the finance sector is doing things that were previously unimaginable. Tools such as end-to-end multi-dimensional data access, for example, make ...

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