AUSTIN, Texas--(BUSINESS WIRE)--Consero Global, a provider of high-performance, turnkey finance services to growth-oriented small and mid-size companies, is planning for another year of record growth with annual revenue expected to increase by over 40 percent. With more than 50 percent of the firm’s clients representing leading technology, Consero attributes growth, in part, to the sector’s resurgence, and its increasing client base across the U.S.
“High-growth companies with multifaceted revenue models need a scalable finance solution that provides them with strategic insights,” said Scott Tynes, CEO, Consero Global. “Companies – tech and non-tech alike – are growing again and thinking about how to scale their operations. A strategic finance and administration solution becomes essential when a company positions to expand.”
As a result of growth, Consero anticipates adding another seven professionals to its Austin headquarter location in coming months, taking its regional headcount to 21 employees. The company also expects to add 50 professionals in its Bangalore, India offices for a total of 250 employees worldwide.
Consero’s technology clients include high-fliers Bigcommerce, Spredfast, Broadway Technology and Trilogy Software, Inc.
Leveraging Consero’s scalable finance solution, clients receive timely and accurate financial information without consuming executive time on tactical staff, process and systems issues. The firm’s key services include CFO and controller services, managed back office services and technology enablement.
“With Consero, we have a 24-hour finance operation and a totally automated and scalable F&A solution that directly matches our growing needs,” said Robert Alvarez, CFO, Bigcommerce. “We have gotten tremendous strategic value from the financial analysis and the back-end systems they helped implement, and are able to approach decisions with greater clarity.”
Consero’s leading-edge Empower Financial Platform combines professional finance staff with best practices in processes and controls, and a state-of-the-art integrated software solution to address complex financial needs.
“Today the F&A industry for small and mid-market organizations is poised for double-digit growth in the near-term,” said Charles Bedard, managing director, Ephor Group LLC, a Houston-based management advisory firm. “F&A solution providers, like Consero, are moving up the value chain by providing complete operational solutions and allowing CEOs and CFOs to focus more of their time on value-creating initiatives.”
About Consero Global
Consero Global provides high-performance, turnkey finance services to growth-oriented small and mid-size companies, helping them to make better decisions about their business. Consero Global was founded in 2006 with the vision of providing companies with a superior alternative to building and maintaining an in-house finance function. Today the company is recognized as the #1 provider in the industry by independent publications like the Black Book of Outsourcing.
Consero Global is headquartered in Austin, Texas and is privately held. Visit us at conseroglobal.com.
