What is Outsourced Accounting?
Outsourced accounting is when a company relies on an external team to handle core finance functions such as bookkeeping, payables, receivables, financial reporting, cash flow management, and strategic support.
Why growing companies choose it
Instead of hiring internally, outsourced accounting gives businesses a cost-effective solution with a fractional team rather than relying on one person.
It also does not mean offshore. The most effective model blends onshore expertise with efficient offshore support.
This helps companies scale through growth stages with stronger accuracy, better controls, and clearer financial insight while reducing operational risk.
Basis 365 is a fractional outsourced accounting department for service and software companies from $1M–$20M.
When Should a Small Businesses OUTSOURCE Their ACCOUNTING?
Small businesses often consider outsourced accounting when their financial needs become too complex for a basic bookkeeper or when a single internal accountant becomes too costly or limiting. As the business grows, the workload outpaces one person’s capacity, accuracy becomes harder to maintain, and month-end reporting starts to slip.
Many owners reach this point after working with a bookkeeper who cannot support deeper reporting, cash flow planning, or more advanced processes. Others experience it after hiring one accountant and realizing the risks of a one-person department, including limited expertise, higher payroll cost, and business continuity issues if that person is out or leaves.
Outsourcing becomes the right move when consistent reporting, stronger controls, broader skill sets, and predictable accuracy are needed to support growth. It is the point when accounting complexity increases and the business can no longer afford bottlenecks or inconsistency.
“Most owners outsource when they stop trusting their numbers
or when they can no longer get reliable financial information.”
— Rhett Molitor, CEO & Co-founder, Basis 365 Accounting
WHY CHOOSE OUTSOURCED ACCOUNTING FOR YOUR BUSINESS?
INDUSTRY EXPERTISE YOU CAN COUNT ON
Our team specializes in serving agencies & consultants and software and technology companies.
With deep industry knowledge, we provide tailored financial insights that help your business thrive.
Streamlined Financial operations
Say goodbye to time-consuming manual tasks.
We leverage automation and advanced systems to simplify your bookkeeping, ensuring accuracy and efficiency while minimizing errors.
Actionable Financial Insights
Stay ahead with real-time financial reporting.
From cash flow projections to detailed KPI tracking, we deliver the insights you need to make confident, data-driven decisions.
SCALABLE SOLUTIONS THAT GROW WITH YOU
As your business grows, our services scale seamlessly to meet your evolving needs—whether you’re launching new products or entering new markets.
We can dial up or dial down scope so you’re only paying for the services and skills you need, when you need it.
Dedicated Business Continuity
Our team of experienced professionals ensures continuity and reliability, so your financial operations never miss a beat.
If someone is out on vacation or on holiday, the rest of our fractional team members just step in and cover - something you just can’t do with a solo hire.
Exceptional Value and savings
Get the expertise of a full accounting department without the cost.
No need to hire and manage accountants. Hire people who deliver what you sell and let us handle the back office. Think about how difficult it would be to hire fractional labor across four different skillsets.
COMPREHENSIVE ACCOUNTING SERVICES TAILORED FOR YOUR NEEDS
At Basis 365, we do more than just outsourced accounting. We provide comprehensive bookkeeping solutions that simplify your finances and empower your business to succeed.
Our outsourced accounting solutions include:
Real-time transaction processing
Customer invoicing
Vendor payments
Running payroll
Management reporting
Budgeting, forecasting, & tracking
Our goal is to give you peace of mind while helping you understand the numbers that drive your business. With monthly or quarterly reviews, customized insights, and a dedicated team, you’ll always feel supported.
Let us handle your accounting so you can focus on growing your business.
Contact us to schedule your free consultation.
Need CFO-level support?
Our CFO plans include goal setting, tracking, and forecasting to keep your business on the path to success.