BTQ Financial
BTQ Financial is a Finance as a Service provider for small-to-midsize U.S. nonprofits, delivering outsourced accounting, revenue cycle management, and grants management through a Sage Intacct-based cloud platform and a 200-person specialist bench.
- Company typePrivate
- Founded2001
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
BTQ Financial firmographics
Firmographics- Name
- BTQ Financial
- Legal name
- BTQ Financial
- Website
- https://btqfinancial.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- BTQ Financial is a Finance as a Service provider for small-to-midsize U.S. nonprofits, delivering outsourced accounting, revenue cycle management, and grants management through a Sage Intacct-based cloud platform and a 200-person specialist bench.
- Ownership category
- akta.pro rank
BTQ Financial industry classification
Industry- Product category
- Nonprofit Financial Management Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC)
- akta.pro secondary industry
- Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)
Keywords
Where BTQ Financial is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BTQ Financial business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Finance as a Service (FaaS): BTQ's primary revenue stream is a managed Finance as a Service (FaaS) subscription model that bundles outsourced financial and accounting services, revenue cycle management, and grants/contracts management into a single ongoing engagement. Revenue is generated through recurring service fees, likely structured as monthly or annual subscriptions, with pricing based on the scope and complexity of services delivered. The model emphasizes long-term partnerships with high client retention (86% with 5+ year tenure).
- Revenue Cycle Management / Medical Billing: BTQ generates revenue through medical billing and revenue cycle management services for nonprofit health and human service organizations. This includes HIPAA-compliant claim submissions, remittance posting, denial management, and AR reporting. Approximately 500K annual medical billing claims are processed through this service line.
- Grants and Contracts Management: Stand-alone grants and contracts management services that integrate with the broader FaaS offering, providing expense management, funder submission and processing, compliance reporting, and audit trail management. This may be offered as an add-on or standalone service.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Custom Finance as a Service (FaaS) engagements with tailored scope based on organization size and needs |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels7 records
BTQ Financial product offering
Product offeringCore offering
BTQ Financial provides Finance as a Service (FaaS), an outsourced financial and accounting offering for nonprofit organizations. It bundles three service modules—outsourced financial & accounting, revenue cycle management (medical billing), and grants & contracts management—delivered through a 200-person specialist team and a cloud platform built on Sage Intacct. The package covers bookkeeping, AP/AR, financial reporting, audit preparation, HIPAA-compliant medical billing, and grant compliance for nonprofit clients nationally.
Product overview
BTQ Financial is a division of Consero Global that provides Finance as a Service (FaaS) — a comprehensive outsourced financial management offering specifically designed for nonprofit organizations. The FaaS model combines three integrated service modules: (1) Outsourced Financial & Accounting Services covering day-to-day accounting, reporting, AP/AR, and audit preparation; (2) Revenue Cycle Management providing medical billing, claim processing, and healthcare revenue optimization; and (3) Grants & Contracts Management delivering expense tracking, fund allocations, and funder compliance reporting. Delivered through a cloud-based technology platform (Sage Intacct) backed by a team of nonprofit finance specialists, the service enables organizations to outsource their entire finance function without building internal capacity.
Differentiator
Problem solved
Functional benefit
Products and services
- Finance as a Service (FaaS) A comprehensive managed services approach combining skilled finance professionals, cloud-based technology infrastructure, and disciplined processes into a single operating model for nonprofits. FaaS provides full back-office finance function management including bookkeeping, AP/AR, compliance, audit preparation, and strategic CFO-level guidance.
- Outsourced Financial & Accounting Services Comprehensive accounting, planning and budget development, financial reporting and analysis, accounts payable, accounts receivable, cash management, and audit preparation services tailored for nonprofits.
- Revenue Cycle Management Medical billing self-service portal with HIPAA-compliant weekly claim submissions, fast remittance posting, claim-resolution support, collection and denial reporting, dedicated client manager, and comprehensive AR reporting for healthcare-related nonprofits.
- Grants & Contracts Management Stand-alone solution integrating advanced technology to support expense tracking, fund allocations, and funder submissions. Includes expense management and allocation, compliance and reporting, audit trails, and financial analysis and planning for grant-funded organizations.
Quantifiable outcome
- Nonprofits working with BTQ are 6X less likely to struggle scaling their financial function compared to non-partnered nonprofits (6% vs. 38%)
- +7 more outcomes
Companies that use BTQ Financial
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles3 records
BTQ Financial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
BTQ Financial partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Sage IntacctcoreBTQ Financial selected Sage Intacct as its core general ledger and accounting platform because it is designed specifically for nonprofits, offering automated and customizable financial reporting, built-in grant management and fund tracking, multi-entity consolidation, and real-time dashboards with AI-driven automation. Sage Intacct is BTQ's primary technology backbone for delivering its Finance as a Service model.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
BTQ Financial competitors and assessment
Company assessmentEmerging players
- Bench: AI-powered bookkeeping and financial reporting platform targeting SMBs and small nonprofits — a software-led alternative that pressures traditional outsourced bookkeeping economics.
- Pilot: Tech-enabled bookkeeping, accounting, and CFO services for small businesses and nonprofits — represents the AI-enabled, software-first model that could compete for the smaller end of BTQ's client base.
Broad incumbents
- Marcum LLP: Large U.S. accounting and advisory firm with a prominent nonprofit practice including outsourced accounting, audit, and consulting — a credible alternative as nonprofits scale beyond boutique specialists.
- BDO USA: Global accounting and advisory firm with a sizable nonprofit industry group covering audit, tax, and consulting — competes with BTQ on larger nonprofit engagements and as clients outgrow boutique providers.
- Withum: Top-30 U.S. accounting firm with a dedicated nonprofit practice including audit, tax, and outsourced finance services — competes for the same mid-sized nonprofit clients seeking outsourced finance.
- CliftonLarsonAllen (CLA): Top-10 U.S. accounting firm with a large dedicated nonprofit practice offering audit, tax, outsourced accounting, and advisory — overlaps with BTQ on mid-market nonprofit finance outsourcing at greater scale.
Others
- Consero Global: BTQ's parent company and strategic operating partner providing broader finance and accounting services across multiple verticals — relevant as a corporate parent and as a sister-service competitor in adjacent markets.
Direct peers
- Jitasa: Outsourced accounting, bookkeeping, and CFO services exclusively for U.S. nonprofits — the closest direct competitor to BTQ's FaaS model with overlapping customer base (small-to-mid nonprofits, charter networks, health and human service orgs).
- CFO Share: Provides outsourced CFO and controller services to nonprofit organizations, overlapping with BTQ's higher-end CFO-level strategy offering and finance function outsourcing.
- Your Part-Time Controller (YPTC): Nationally focused outsourced nonprofit accounting and finance firm serving small and mid-sized nonprofits — competes head-to-head with BTQ on outsourced F&A, audit prep, and grant management.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
BTQ Financial social profiles
Digital presenceBTQ Financial financial estimates
Financial estimateRevenue estimate
Valuation estimate
BTQ Financial leadership team
Management profileNumber of profiles
Profiles8 records
BTQ Financial funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BTQ Financial M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BTQ Financial
What does BTQ Financial do?
BTQ Financial provides Finance as a Service (FaaS), an outsourced financial and accounting offering for nonprofit organizations. It bundles three service modules—outsourced financial & accounting, revenue cycle management (medical billing), and grants & contracts management—delivered through a 200-person specialist team and a cloud platform built on Sage Intacct. The package covers bookkeeping, AP/AR, financial reporting, audit preparation, HIPAA-compliant medical billing, and grant compliance for nonprofit clients nationally.
Is BTQ Financial a public or private company?
BTQ Financial is a private company. It is classified as corporate owned and is currently operating.
When was BTQ Financial founded?
BTQ Financial was founded in 2001. It employs 51 to 100 people.
Where is BTQ Financial based?
BTQ Financial is headquartered in New York, United States, in the North America region.
How does BTQ Financial make money?
Three revenue lines are on record. Finance as a Service (FaaS) is the primary driver. The others are revenue Cycle Management / Medical Billing and grants and Contracts Management.
Who are BTQ Financial's main competitors?
Emerging players on record are Bench and Pilot. Broad incumbents are Marcum LLP, BDO USA, Withum and CliftonLarsonAllen (CLA). Consero Global is listed as an others. Direct peers are Jitasa, CFO Share and Your Part-Time Controller (YPTC).
Does BTQ Financial have an API?
No public API is recorded for BTQ Financial.
What industry is BTQ Financial in?
BTQ Financial's product category is Nonprofit Financial Management Services. Its primary akta.pro industry code is FSAGAAAC, Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts), with a secondary code of FSAGALAK, Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes). Its NAICS code is 522320 and its SIC code is 6199.