Business Details
14 Years
experience
Expert Outsourced Accounting for Scaling Businesses
Founded in 2012 by seasoned accountants Rhett Molitor and Mike, Basis 365 Accounting specializes in outsourced accounting and bookkeeping services tailored for growing businesses. Our team leverages over two decades of combined experience in cloud-based accounting and financial operations to deliver scalable, technology-driven solutions. Our P-R-O-F-I-T methodology emphasizes performance-driven financial management, optimized workflows, and strategic partnerships to enhance profitability and operational efficiency.We serve professional services firms, software companies, and consultancies with real-time reporting, industry-specific expertise, and fixed pricing models designed for predictable budgeting. With a dedicated team approach, we ensure business continuity and provide clients access to a multi-professional accounting department without the overhead of in-house hires.
Services
Outsourced Accounting
Bookkeeping Services
Financial Reporting
Payroll Processing
Budgeting Forecasting
CFO Advisory
Cloud Accounting
Cash Flow Management
Job Profitability Analysis
SaaS Metrics Reporting
Details
- Year established: 2012
Highlights and features
- We offer a proven P-R-O-F-I-T methodology for performance-driven financial management.
- Our team-based model ensures continuity and eliminates single-point failure risks.
- Industry-specific expertise serving agencies, consultancies, and tech firms.
- Fixed monthly pricing aligns incentives for efficiency and budget predictability.
- We provide proactive cash flow insights tailored to SaaS metrics and job profitability.
What people say
Proactive cash flow insights
Industry-specific expertise
Seamless cloud integration
Reliable financial reporting
Strategic partnership focus
Services
Outsourced Accounting
Our outsourced accounting services provide growing businesses with dedicated financial management. We handle transaction processing, month-end close, and strategic reporting while integrating with your existing systems. Clients receive customized dashboards for real-time financial visibility and decision-making support. Our scalable model adjusts to business growth phases from $1M to $20M in revenue.
Bookkeeping Services
We manage daily transactions including accounts payable, receivable, and payroll using cloud platforms like Xero and QuickBooks. Our process automation reduces errors while maintaining accurate records for compliance and tax preparation. Clients gain streamlined workflows that adapt to business-specific needs for agencies and tech firms.
Financial Reporting
Our reporting delivers insights into cash flow, profitability, and key metrics tailored to industry requirements. SaaS companies receive MRR tracking while consultancies access job profitability analyses. Real-time dashboards and monthly reviews help leadership make data-driven decisions aligned with growth objectives.
CFO Advisory
Fractional CFO services include strategic financial planning, budgeting, and forecasting for scaling businesses. We align financial strategies with growth milestones while providing scenario modeling to support major business decisions and investment readiness.
Cash Flow Management
Our cash flow solutions track inflow/outflow patterns, create forecasting models, and identify receivables optimization opportunities. Businesses gain predictive insights to maintain operational continuity and strategic investment capacity while reducing financial risk exposure.
People
Rhett Molitor
CEO and Co-founder
With over 20 years in cloud accounting, Rhett established Basis 365 to address the financial needs of tech-forward businesses. He specializes in scalable financial operations and strategic growth planning for software companies.
Mike
Co-founder
A seasoned accountant and technology enthusiast, Mike co-founded Basis 365 to revolutionize traditional accounting for innovative businesses. He focuses on implementing automation solutions that improve financial efficiency for scaling firms.
Questions
What is outsourced accounting and bookkeeping?
Outsourced accounting involves partnering with an external team to manage financial operations like transaction processing, reporting, and payroll. This provides access to expert teams and technology at predictable costs.
Are you a CPA firm?
No. We focus exclusively on outsourced accounting and bookkeeping, partnering with trusted CPA firms for tax or audit needs.
How does your P-R-O-F-I-T approach differ from competitors?
Our six pillars ensure performance-driven financial strategies, optimized workflows, seamless tech integration, and scalability tailored to your growth stage.
How do you help improve cash flow and profitability?
We provide real-time KPI tracking for receivables, expenses, and margins to identify optimization opportunities and improve liquidity.
What technology platforms do you use?
We work with Xero, QuickBooks Online, Bill.com, Gusto, and forecasting tools like Float to create customized accounting ecosystems.
Can your services scale with business growth?
Yes. Our solutions adapt as you expand into new markets, launch products, or increase revenue up to $20M annually.
