As outsourcing gains momentum in Australian accounting firms, there still continues to be a dearth of independent research on the use and success of outsourcing. Of particular concern is the scarcity of research into human resource issues through outsourcing. This is compounded by the complexity of the different models of outsourcing domestically and offshore, along with different ownership models adopted …
Offshore labour firms are not your friends
As the Philippines market matures, we’re seeing that the offshore labour model continues to challenge Australian accountants in terms of actual productivity benefits. The dominant offshore model is still the offshore outsourcing model, where the risk and responsibility is fully transferred to an overseas provider. But at the moment, we’re seeing massive competition amongst the offshore labour providers, and the …
Offshore labour hire does it tough
It’s fast becoming more competitive in the Philippines, and we’ve heard that as the market matures there are more risks that staff are jumping from one provider to another. Perhaps a sign that the market is starting to see unsustainable growth is a recent comment from an Australian accountant who mentioned it now takes 3 months for a “Labour hire” …
The full Monty… When others do your compliance work
So, you are considering outsourcing, and you don’t know your responsibilities. The common recommendation is that the consent is sought in the Engagement letters. So who is interested in what you put in you engagement letters, and what do you really need to put in them anyway… Who is interested in what you put into your engagement letters: TPB: Letters …