Feb 2016

February 2016 Newsletter – The firm of the future… are we there yet?

By: Odyssey Newsletter
Tags: Disruption, Firm of the future, Future for offshoring, Globalisation, motorbike trip, Sage Connect, the Cloud

The firm of the future… are we there yet? It’s been over a decade since CPA Australia released its Firm of the Future report. Interestingly, there was a section headed “Outsourcing? Get used to it” but no reference in the document to “Cloud”. How times have changed! You can click here to read the PDF report directly. Late last year the Institute of Chartered …


Dec 2015

How infrastructure and internet speeds affect how you do business, and where you outsource your work

By: Odyssey Cloud
Tags: cloud, Internet speed, offshore to Vietnam

An independent article on Asia’s mobile and broadband internet speeds noted the following broadband speeds. Vietnam operates at slightly better broadband speeds as Australia, and well in front of the Philippines, Bangladesh and India… Broadband speeds: 9th place – Vietnam 17.3 Mbps 10th place – Australia 16.7 Mbps 11th place – Bangladesh 9.8 Mbps 15th place – India 7.2 Mbps …


Nov 2015

Accounting’s brave new digital world

By: Odyssey In the Press
Tags: cloud, Firm of the future, Intuit, offshore, QBO, Xero

Accountancy’s digital revolution means that your firm’s toughest competition might be a switched-on firm on the other side of the continent.. In this article Brad Howarth revisits the “Firm of the Future” 2007 CPA report and visits on what has changed since then. The impact of the cloud is the big game-changer going on right now, and its transformative powers …


Oct 2015

Should resellers outsource or offshore migrations?

By: Odyssey Odyssey in the Press
Tags: Intuit, QBO, QuickBooks Online

“Do you use offshore support to run your business? If not you should consider it, if only to help with implementations. A trend among software companies to provide free or subsidised data conversion services from competitors’ products hints at the potential for offshoring in IT resellers.” In this article, published on CRN Australia, Sholto Macpherson explains why Accounting software firms use …


May 2015

SMSF processing to become timelier

By: Odyssey Odyssey in the Press
Tags: Automated data, Outsourcing revolution

Krystine Lumanta interviewed David Carter, CEO of Odyssey Resources, for SelfManagedSuper Magazine. “The time it takes to complete administrative processes and reporting for SMSFs will be cut once pricing comes down and data feeds from the real estate industry become available” “As the price of software goes down, we see that there will be more daily, weekly or monthly processing …


Mar 2015

March 2015 Newsletter – Update from your Odyssey Outsourcing team

By: Odyssey Newsletter

Outsourcing gains momentum… As outsourcing gains momentum, it seems many experienced outsourcing services providers are having trouble keeping up with demand. A number of accounting firms are tinkering with services from the Philippines. Sadly the Philippines currently lacks large numbers of Australian experienced tax accountants, so we’ve seen this business model initially involve Australian firms paying cheaper rates for Philippine …


Jun 2014

Intuit Extends $5/month QuickBooks Online Deal

By: Odyssey Odyssey in the Press
Tags: Conversions, Intuit, QBO, QuickBooks Online

“Intuit announced last week that it would extend its $5/month deal for QuickBooks Online for at least another three months to 30 September.” After Intuit’s deal extension, Sholto Macpherson has wisely noticed that on top of this deal, one of the most effective ways for Intuit to gain new customers has been to reduce barriers for new customers with the recent launch …


Jun 2014

June 2014 Newsletter

By: Odyssey Newsletter
Tags: Australia’s Privacy Principles, Cloud disruption, Collaborative commons, Zero marginal cost society

The future is here… Almost… The game changers of Cloud, Offshoring and … Cloud disruption Cloud disruption is happening at a faster rate than ever. You can hire a chauffeured limo on Uber, hire a car on GoGet car, book some temporary meeting space on LiquidSpace, fund your business on VentureCrowd, have someone wait in a queue with Airtasker, rent a handbag …


Nov 2013

An IPA member’s review of Odyssey Outsourced Accounting Services

By: Odyssey Odyssey in the Press
Tags: Client visit, Experience, Outsourcing, Review

A letter from David in Sydney after a visit to our offices To one of his accounting firm clients in response to their question – “How was the visit?” . . . 27th November 2013 As we have discussed in the past, Odyssey Resources is a Vietnam based company that prepares Australian tax and accounting documentation for accountants and advisers …