24

Oct 2019

bookkeeping-outsourcing

10 key reasons why Bookkeeping outsourcing is critical for Australian accounting firms

By: Odyssey Outsourcing
Tags: australian, benefits, bookkeeping, Outsourcing

There has been a lot of movement into bookkeeping by Australian accounting firms, and this has been well documented in the past year. As compliance moves into the cloud and is automated, it is now more critical that Australian accountants extend their influence and ability into areas of current concern, where their role of trusted adviser can best be utilized. …

17

Oct 2019

accounting-outsourcing

Top 5 reasons why Australian Accounting firms are outsourcing overseas

By: Odyssey Outsourcing
Tags: accounting, australia, compliance, key reasons, Outsourcing

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 …

10

Oct 2019

outsourcing-offshoring

Offshoring versus Outsourcing? Why the confusion remains

By: Odyssey Outsourcing
Tags: Offshoring, Outsourcing, turnover, virtual teams

Our CEO was visiting a client in Canberra the other day, and discussion invariably ended up mentioning the aggressive pursuit by offshore labour providers in the Philippines.  The question then had to be asked: why are some firms considering the Philippines labour hire solutions, while other firms are knocking them back and working with Outsourcing offerings. The response was: Offshoring …

19

Sep 2019

the-fastest-accountant-in-the-world

The fastest accountant in the world

By: Odyssey Outsourcing
Tags: Australian tax compliance, Outsourcing

We complete some 50,000 Australian tax, accounting, bookkeeping and sundry compliance jobs annually. It’s interesting when we get a new client, that sometimes they ask about the hours we’re charging. Of course, it’s a great discussion, and allows us to break down what we were doing on the job (we have some excellent inhouse built systems), to explain the process. …

12

Sep 2019

stop-emailling-me-with-offers-of-resources-i-can-code-and-so-can-my-staff

Stop emailing me with offers of resources: I can code, and so can my staff

By: Odyssey Outsourcing
Tags: Australian tax compliance, Outsourcing

I was looking through one of my social media feeds recently, and saw in the news feed a comment from a frustrated IT person, who was obviously receiving far too much email spam (like that never happens to anyone in real life right?), and somewhat frustratedly had jumped onto social media to indicate they could code and had no need …

05

Sep 2019

Outsourcing-the-importance-of-understanding-where-you-work

Outsourcing: the importance of understanding where you work

By: Odyssey Outsourcing
Tags: Australian tax compliance, Outsourcing

While travelling around we recently spotted a sign nearby a water drinking source. At first glance the sign appears totally in order, both in the original language, and in the translated English. However, native English speakers would likely note that “All sorts of pollution is banned” does not quite resolve the problem. Indeed “All Sorts” is not fully exclusive or …

29

Aug 2019

Australian tax compliance outsourcing

Australian tax compliance outsourcing: The Odyssey Outsourcing model versus Offshoring to the Philippines

By: Odyssey Outsourcing
Tags: Australian tax compliance outsourcing, Outsourcing

Odyssey Outsourcing specialists have been providing Australian Outsourced accounting, bookkeeping and tax services since 2006. As you’d expect, over the past 15 years we’ve seen a lot of water under the bridge. Mobile phones have arrived, the internet speeds and reliability have increased, and the cloud is now a part of many Australian accountants lives. The cloud affects not only …