To understand how Odyssey is able to provide a Quality “same day” SMSF compliance service offer, at no increased pricing than our normal SMSF processing, it’s worth quickly noting that Odyssey’s CEO started the move towards “same day” processing in 2016, with the culmination of this effort arriving mid 2020 with the announcement and launch of Odyssey’s “Same day” SMSF …
The Story behind Odyssey’s “same day” SMSF compliance service offer
It’s hard to believe that Odyssey’s 5 year plan to move their processing from 5 working days down to “same day” service was created at the start of 2016. To understand how Odyssey managed to provide a quality “same day” SMSF compliance service, it’s worthwhile to revisit the groundwork for this “overnight success”. Odyssey the company was setup in 1998 …
2021 – what’s your new years resolutions?!
So here we are in 2021 – what’s your new years resolutions?! When we are young, we are too busy focused on the new years day, and probably the headaches that arrive with the new year. Then as we hit our 20’s we’re totally into new years resolutions: whether it be cleaning up our life, our house, putting things in …
Outsourcing work offshore to an Australian tax agent – complying with Code of Professional Conduct
Last week I was listening to the TPB webinars and a recent webinar on “Work related expense claims”. The webinars are a great way to keep up to date with the TPB’s latest initiatives and thinking, while at the same time getting some Continuing Professional Obligations to meet the CPE requirements. The link is here for those interested → TPB webinars …
8 key advantages of using ad-hoc resources for Australian tax compliance outsourcing
In this blog we look at 8 key advantages of using ad-hoc resources for Australian tax compliance outsourcing. Warning: These are the secrets the “per seat” leasing people would rather you didn’t know… You cut down your overheads by only paying for Actual work done This is the most important factor. You don’t have to pay for all the overheads associated …
Top 5 reasons why “Outsourced” Remote staff are outperforming local office workers
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 inhibit …
List of 10 Signs Outsourcing is going to help your Australian tax compliance work
Everyone wants to be an entrepreneur, as they have for the last 30 years, but it seems these days that being an entrepreneur has replaced people’s dreams of being a rock star, or was it an astronaut… While not everyone deliberately goes out in life to become the owner of an Australian compliance accounting firm, you end up where you …
The 3 Important Tips to Make Outsourcing a Success
From the past years, we’ve identified 3 tips important to make outsourcing a success: Tip 1. Select a large Outsourcing services provider who has plenty of experience in the marketplace, and plenty of resources to allow you to expand. Whilst the newer comers into the Outsourcing space might seem attractive, the lower cost usually comes at a price. The lack of a …
Top 5 reasons why Australian Accounting firms are outsourcing overseas
Australian accounting firms are moving into cloud, automation, and outsourcing at an increasing pace. In 2012 Odyssey’s CEO presented at the IPA Conference on “Outsourcing: Out of the closet and into the Cloud”. Fast forward to today, and everyone knows about outsourcing, and it’s widely accepted amongst the Australian accounting community. Certainly Australian accounting and tax compliance outsourcing has come …
6 Good Reasons to outsource your Australian Compliance work to an expert
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 …
