01

Nov 2018

outsourced workers outperform

“Outsourced Offshore” versus “Labour hire Offshore” – Two different tribes

By: Odyssey Outsourcing
Tags: Labour hire, Offshore Experts, Outsourced offshore

There are a now dozens of new entrants into the Offshore “Labour hire” market, and the more mature “Labour hire” firms overseas are expanding their reach by re-badging or re-naming themselves as “Credible Outsourcing Experts”. Yes, many of these labour hire firms have the opportunity to push themselves into the market as “Credible offshore experts”, but if they aren’t taking …

25

Oct 2018

Practice management series - 1

The top 5 Benefits of Outsourcing your Australian Accounting, Taxation and Bookkeeping Compliance to an Experienced Offshore provider

By: Odyssey Outsourcing
Tags: benefits, Offshoring, Outsourcing

Outsourcing is not new. It derives from the economic principle of comparative advantage. CPA Australia released several great checklists back in October 2016, with lead author by Odyssey’s David Carter. The checklists in these series allow Australian accountants looking to use or provide outsourced services to cover many of the important aspects of outsourcing. This week we look at the …

18

Oct 2018

Rise of the machines

Australian Accounting Compliance workplace experience is needed to fight the rise of the machines!

By: Odyssey Automation
Tags: Australian compliance, industrialization, machines, offshore

We live in a dramatically different world that is different because of globalization and technology.  Outsource your work to a quality company like Odyssey, and get on with adopting new technology. Your future, and your children’s future, depends on it! As we head into this New Wave of industrialization, there is a need to look at not only where the compliance …

11

Oct 2018

6 Reasons why you should outsource

6 Good Reasons to outsource your Australian Compliance work to an expert

By: Odyssey Outsourcing
Tags: Australian compliance, Change, Outsourcing

Outsourcing (and not offshore labour hire) can bring many benefits to your business. It’s critical that business owners remain alert and agile to ever present changing market conditions. Outsourcing now is a business norm, and yet there are still a few Australian accountants not yet fully into Outsourcing. With change an ever constant, especially not only as we’ve recently seen …

04

Oct 2018

The fourth wave

The Fourth Wave of Industrialisation, and its impact on Australian compliance work.

By: Odyssey Automation
Tags: artificial intelligence, Australian Accountant, Intuit, Xero

If you managed to attend Xerocon at the Brisbane convention centre recently, you might have noticed some pink flamingos in a ball pit, and other interesting goings on. Certainly the new cloud providers are expanding traditional accountants mindset, and challenging the status quo of traditional compliance! So for some it might not seem unusual on Day 1 of Xerocon for …

27

Sep 2018

Remote workers outperform office workers

The 5 top reasons why “Outsourced” Remote staff are outperforming local office workers

By: Odyssey Outsourcing
Tags: Australian Accountant, Outsourcing, Remote staff

In a recent Harvard Business Review report the number of people who say they can’t concentrate at their desk has increased by 16% since 2008, and the number of those who don’t have access to quiet places to do focused work is up by 13%. Office space design today seems to come with noises and other distractions that break concentration or …

20

Sep 2018

Generational approaches

Why Generational differences matter for Australian compliance preparers

By: Odyssey General
Tags: Change, generational differences, workforce

Change continues to happen at a massive pace in the Australian accounting compliance industry, and in this current time we have interestingly several different generations participating in the preparation of the same sets of compliance work, but using vastly different tools and different skill sets. I was thinking the other day about an accountant that I’m in discussions with, who …

13

Sep 2018

Navigating

Navigating Change – why minds are stuck on old tracks

By: Odyssey General
Tags: Change, future, Technology

I was thinking the other day about generational differences in approaches to navigating, and how we all achieve the same (compliance output) but approach it in many different ways. When I was younger (pre internet), I’d watch my dad drive using maps for longer distances, and street maps for local situations. Maps were studied diligently before the journey, with landmarks …

06

Sep 2018

walk in the woods

If you go walking in the woods without your iphone, and don’t record it, did you go?

By: Odyssey General
Tags: life observation, Philosophical thoughts

This week we thought we’d push into the philosophical thought raising questions regarding observation and perception. Earlier this year I went walking in the jungles of Laos over several days. On the last day it was raining heavily, as only it can in Asian jungles.  Given that I was committed to the walk, it only seemed right to get out …