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The Warning Call
The advice for small and mid-sized businesses is loud and clear - get ready for a economic downturn that lasts through this year and next. With a slow recovery, tighter credit, retreating investors, and reduced customer spending; market experts and venture capitalists, such as Benchmark Capital and Sequoia Capital, are advising companies to take immediate action including:
- Reassess growth, budget, and revenue plans
- Drive towards being cash flow positive and profitable
- Outsource non-core, but essential activities
- Focus sales efforts with greater pipeline scrutiny and heavier commission structure
- Identify shifting customer demands and impact
- Act with urgency
- Build must-have product and service features only
- Seek alternative funding sources (e.g., regional banks who have cash to lend)
The Consero Economic Survival Kit
Consero Global Solutions has a proven track record of driving 50-60% of costs from back-office finance and accounting (F&A) organizations. At the same time, Consero has reporting and analytics tools available that enable executives to make more informed business decisions. Consero's Economic Survival Kit comprises its award-winning accounting and financial analysis services with the following essential elements to help your company survive this financial crisis:
- FTE Cost Savings: Engage offshore 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
- Pricing Options: Adopt per resource or transactional pricing turning F&A spend into truly variable costs
- Key Performance Indicators: Establish metrics that monitor critical areas of the company and market
- More Efficient Processes: Streamline functional areas via best practices and automation for greater productivity, accuracy, and speed as well as reduced costs
- Low-Risk Terms: Take advantage of 30-day cancelable terms
Want to Learn More?
To learn more about Consero and its services, it is as simple as filling out the "Request a Free Consultation" section at the top, left of this page. A Consero representative will contact you shortly.