AP NEWS
ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Finance as a Service Hits Record Growth: Consero Ranks #21 in Central Texas’ Fastest Growing Companies

November 5, 2020 GMT

AUSTIN, Texas--(BUSINESS WIRE)--Nov 5, 2020--

Consero Global LLC, a leader in Finance as a Service, has, for a third time, been recognized by the Austin Business Journal in its Fast 50 list of rapidly growing companies.

Ranked number 21 this year with a 35.5 percent compound annual growth rate, Consero has once again proven its outstanding revenue growth year-over-year since it was first named a Fast 50 company in 2014.

“At a time when uncertainty has rocked our economy, Consero continues to grow rapidly because our people are dedicated to making sure our clients don’t miss a beat, no matter the obstacles,” said Scott Tynes, CEO, Consero Global. “Standing on our innovative technology, our employees consistently deliver on our unique vision of Finance as a Service to streamline processes and deliver financial transparency.”

ADVERTISEMENT

“Our growth has a direct relationship with our ability to deliver client financial information clearly, quickly and succinctly,” said Bill Klein, President, Consero Global. “Our customers directly rely on us to help them make the best, most informed financial decisions, and this is especially important in a time of economic upheaval for so many industries.”

A brief snapshot of Consero’s growth over the past three complete fiscal years:

2017 - Employees: 429, Revenue: $12,646,871
2018 - Employees: 515, Revenue: $16,950,094
2019 - Employees: 720, Revenue: $23,211,882

Consero combines innovative integrated software, including the Consero SIMPL® financial management console and Simon voice-activated artificial intelligence technology with traditional CFO, controller and bookkeeping services. All of this comes without the time, cost and effort of creating and managing a full, in-house finance and accounting department. With Consero’s services, companies of all sizes can afford Fortune 500 level financial tools.

ADVERTISEMENT

About Consero Global

Founded in 2006—by Scott Tynes, Bill Klein, and Kiran Jagannath—Consero Global disrupts the way businesses build and maintain their finance and accounting function. Through a cloud-based platform, Consero delivers the financial clarity and efficiency needed to drive a business forward. Strategic CFOs are adopting Consero’s cutting-edge Finance as a Service model to free up time and understand how the business is performing. Serving more than 130 clients and their portfolio companies, Consero provides the control and insight needed to steer businesses toward success. Contact Consero Global for more information about gaining greater control of your financial operations. www.conseroglobal.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20201105006059/en/

CONTACT: Ray Young

Razor Sharp PR

512.633.6855

ray@razorsharppr.com

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CONSULTING OTHER PROFESSIONAL SERVICES PROFESSIONAL SERVICES FINANCE

SOURCE: Consero Global LLC

Copyright Business Wire 2020.

PUB: 11/05/2020 03:03 PM/DISC: 11/05/2020 03:03 PM

http://www.businesswire.com/news/home/20201105006059/en