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 …

23

Aug 2018

Outsourcing partner investing

Outsourcing trends… why your Outsourcing partner needs to continue to invest

By: Odyssey Outsourcing
Tags: continuous improvement, procedures, Quality, systems, Training

Popular theory has three main ideas on organisations life-cycle: they are either growing, shrinking or stagnating. In the Accounting compliance world this is probably true, though with compliance sometimes it’s akin to watching paint dry. A bit boring, but it’s bread and butter for thousands of Australian accountants. So what about your Outsourcing partner, should they also be under the …

16

Aug 2018

The best time to outsource

Laggards.. When you are late to Australian Compliance Outsourcing

By: Odyssey Outsourcing
Tags: resistant to change, technology curve

More recently we’ve been talking to a lot of business owners who are resistant to change, and probably would accept the term “late adopters”. The technology curve that everyone pulls out at appropriate times would probably note these people as the 16% Laggards.  It’s probably not a pretty name for accountants to have, though we are resistant to change. One …

09

Aug 2018

Experts

Why you need to talk to an expert when it comes to outsourcing

By: Odyssey Outsourcing
Tags: fake news, Offshoring, outsourcing gurus

In this time of “fake news”, we’re seeing it blatantly obvious that there are a lot of mis truths in the world today, and the world of Australian tax and accounting compliance outsourcing isn’t any different. We’ve seen some of the accounting industry self appointed “leaders” tinkering in social media giving their opinion on outsourcing, and we’ve seen some self …

02

Aug 2018

Outsourcing is all about Trust

Outsourcing is all about Trust

By: Odyssey Outsourcing
Tags: Australian Accountant, Odyssey, Trust

For Australian accounting business owners, sending out a critical part of their compliance business to an overseas outsourcing services provider is pretty hard. It’s not only hard, but it’s soul wrenching, gut wrenching, and stressful. There are concerns about whether the quality is ok, whether the data is safe, whether the provider can be trusted to provide consistent quality, … …