28

Mar 2019

The query process

Missing client data and query processing: One common misunderstood benefit of Australian Tax Preparation Outsourcing

By: Odyssey Outsourcing
Tags: missing data, queries, turnaround

Australian tax preparation outsourcing services can help public accounting firms of all sizes. Particularly, outsourcing allows smaller practices to compete with the same quality as larger firms that have invested more heavily in training/systems/procedures. Today we have a quick look at one area many accounting firms struggle to control: the missing client data and query process. Australian accountants are frequently …

21

Mar 2019

Outsourcing solves labour shortages

The major Benefit of Outsourced Australian Tax Preparation Outsourcing – the model of the future

By: Odyssey Outsourcing
Tags: client relationship, labour shortage, superfund

Australian outsourced tax preparation outsourcing services can help public accounting firms of all sizes. Most critically, it allows a match between the resource requirements of clients (on a job by job basis), to the resource supply of the accounting firm (which should be on a job by job basis). Quite simply, the traditional Australian accounting model is based on a …

14

Mar 2019

Assessing Integrated Technology Platform

How well an OSP and a client work together on an Integrated Technology Platform

By: Odyssey Outsourcing
Tags: communication, confidentiality, Security, Technology, Timesheet

Last month we presented the checklist on the quality of the OSP’s technology platform. For this time, it is about the integrity between the OSP and you, the client. Answer these questions below to assess the integrated technology platform. Internal communication How will you communicate with your outsourced staff? Will they report to one person on your team or collaboratively with …

28

Feb 2019

Those that can

Those that can, Outsource. Those that can’t, Offshore.

By: Odyssey Outsourcing
Tags: offshore, offshore labour, Outsourced Services

This week we thought we’d clarify more about the differences between Outsource Service providers and their poor cousin, the Offshore service providers. Those who understand Compliance work, create Outsourcing companies Those that can’t, create offshore companies The Outsource services providers, such as Odyssey, are usually owned and operated by Australian accountants. The better firms are operated by Australian accountants who …

21

Feb 2019

End of compliance work-new

End of Compliance work.. Are we there yet?

By: Odyssey General
Tags: Automation

For those that had some holiday reading time over the Christmas break, or even those that are looking at social media, there has been a lot of recent interest in continual improvements in time-saving devices, cloud and automation, as well as AI bots. Somewhere through the noise there is substance to two important undisputable facts for Australian accountants: The future …

14

Feb 2019

Practice management series - 1

What to Consider when Evaluating the Service Provider’s Technology Platform

By: Odyssey Outsourcing
Tags: internet, software, Technology

As we all know, technology is the backbone of the outsourcing practice. A reliable and secure technology platform of the OSP gives much more confidence for the accountants to outsource accounting, taxation and bookkeeping compliance. We will look into what criteria to evaluate the service providers’ technology platform. Internet speed and reliability What is the reputation of the Internet Service …

07

Feb 2019

IMG_4602 - Copy

The best moments

By: Odyssey General
Tags: Experience, Memories

The best moments usually occur when a person’s body or mind is stretched to its limits in a voluntary effort to accomplish something difficult and worthwhile. As we roll into February and everyone gives up on their new year’s resolutions it’s a good time to take a step back and think about the best moments from last year, or even …

31

Jan 2019

Rewarding offshore workser - Website

What your offshore workers really want… hint: it’s not cash

By: Odyssey Outsourcing
Tags: Australian Accountant, employee productivity, offshore worker

Forget the table tennis tables and the bean bags, the employees of today want a lot of different things, and it isn’t just cash. In this digital age, there’s certainly a lot of transition of employees after a year or two, and no end of consultants advising on what to do about ensuring your employees are engaged and happy in …