Consero Offers Lifeline to Companies Most at Risk in the Current Economic Crisis.Company Provides Economic Survival Kit for Startups and Small- to Medium-Sized Businesses to Take Action and Weather the Storm AUSTIN, Texas -- Consero Global Solutions, a recognized leader in finance and accounting (F&A) outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. services, announced the launch of its Economic Survival Kit to help those companies most at risk in the current economic crisis-startups and small- to medium-sized businesses. The Survival Kit, which includes an initial financial consultation with Consero at no cost, provides companies with the insight they need into the financial health of their business, while at the same time reducing operational costs by as much as 60 percent. The current business climate has industry experts and venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. advising businesses to take drastic and immediate measures to prepare for an extended economic downturn. They are asking businesses to reassess reassess Verb to reconsider the value or importance of reassessment n Verb 1. reassess - revise or renew one's assessment reevaluate existing growth, budget, and revenue plans; begin deep costing measures; focus on attaining positive, sustainable cash flow; outsource non-core activities; adjust sales strategies for shifting customer demand; and more. For many, at stake is nothing less than business survival. "Consero has a history of providing the financial tools necessary to make more informed business decisions, while driving out costs and increasing operational efficiency," said Scott Tynes, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Consero. "In this economic crisis, Consero is the right service provider to help startups and SMBs gain control over their business finances so that they can bridge the gap to better times." Consero's Economic Survival Kit provides essential outsourced finance and accounting services to businesses bringing to bear its highly experienced staff and established best practices. Equipping e·quip tr.v. e·quipped, e·quip·ping, e·quips 1. a. To supply with necessities such as tools or provisions. b. businesses with the resources and tools they need in this time of crisis, the Economic Survival Kit includes the following elements: * FTE FTE Full-Time Equivalent FTE Full-Time Employee FTE Full-Time Equivalency FTE Full Time Employment FTE Foundation for Teaching Economics FTE Full Time Enrollment FTE For the Enterprise (SQL) FTE Fund for Theological Education Cost Savings: Utilize outsourced Consero accountants and financial analysts for 50-60% savings over local resources. * Comprehensive Financial Models & Analytics: Establish reporting tools such as P&L by product and project as well as weekly cash flows for more informed business decisions. * Key Performance Indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. : Establish metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. that monitor critical areas of the company and market. * Greater Operational Efficiencies: Streamline functional areas via best practices and automation for increased productivity, accuracy, and speed as well as reduced costs. Recently ranked #1 for its worldwide finance and accounting services in the mid-market, Consero also provides companies highly flexible contract options including 30-day cancelable terms as well as two pricing alternatives--FTE or transaction pricing, which gives companies the ability to transform their relatively fixed F&A cost structure into a variable cost structure. More information on the Economic Survival Kit can be found at: http://www.conseroglobal.com/economic-survival-kit.php About Consero Global Solutions Consero Global Solutions provides outsourced finance and accounting services delivering the financial sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. and efficiency of the Fortune 1000 to companies of all sizes allowing them to reduce costs by 50-60% while making more informed business decisions. Named in 2008 as the #1 worldwide provider of outsourced finance and accounting solutions for mid-market companies by the Black Book of Outsourcing, Consero offers full-service accounting and financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and analysis to its clients across multiple industries. The combination of superior talent, industry expertise, cost savings, and return on investment make Consero the ideal choice for any company. To learn more about Consero Global Solutions, please visit www.conseroglobal.com. |
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