04

Jan 2018

Australian compliance: Automation and unemployment increasingly likely

Australian compliance: Automation and unemployment increasingly likely

By: Odyssey Automation
Tags: Automation, future of work, Robots, unemployment

During the Australian Christmas break we thought we’d reach out into some holiday reading. “Inventing the Future: Postcapitalism and a World Without Work” by Nick Srnicek and Alex Williams, touches on some interesting concepts, which are particularly relevant if the apocalyptical end of compliance is even half way true. In this book, Nick and Alex put forward that Automation and …

12

Oct 2017

The future of Australian Tax Compliance… Why Gen Y find it hard to engage

By: Odyssey Automation
Tags: Automation, compliance, employability, Gen Y

With Automation likely to impact compliance in the near future, and offshoring impacting compliance now, this week we look at Gen Y’s engagement with the future of compliance. There has been plenty of discussion about offshoring and automation affecting compliance, and particularly where the new “Middle Managers” will be found in 3-5 years if graduates aren’t being engaged and recruited …

20

Jul 2017

The Future of the Professions – Commoditisation and Automation all around

The Future of the Professions – Commoditisation and Automation all around

By: Odyssey Automation
Tags: Big data, future of professions, lawyers

We had an Australian lawyer visit our office the other day. This is pretty unusual, especially as we’re pretty much just about accounting for accountants. Anyway, he’d been referred by his friend, an accountant, who said he should look us up if he was ever in Vietnam. He’d more recently been feeling the pressure of the legal profession, and the …

06

Apr 2017

How accountants will survive automation

By: Odyssey Automation
Tags: Automation, Bots, compliance

Remaining relevant suddenly takes on a sense of urgency with recent automation releases. It’s pretty obvious by now that clients aren’t going to pay for someone to regurgitate the tax code, when they have access to the same tax code online. Firms building their own compliance teams offshore are headed in the wrong direction. The push should be into automation, …

23

Mar 2017

Goodbye to Compliance Jobs, but will Robots meet with your clients?

By: Odyssey Automation
Tags: Automation, compliance, offshore, Robots

Goodbye and Good Riddance to Compliance. But just how far will robots and automation shave off the compliance workload. And will robots meet with your clients? In mid last year there was excitement on the release of robots which mimic human walking habits, with videos released of the humanoid Durus. Later last year a massive 4 metre Avatar like robot was built in South …

15

Dec 2016

Chatbots make a move on bookkeeping work

By: Odyssey Automation
Tags: Bots, Chatbots, Offshoring, Outsourcing

Bots and automation is a current theme in our blogs with recent posts discussing whether bots will beat offshoring and robotic process automation. Automation is an ongoing issue facing Australian accountants and we thought it time to look further into current market offerings from a couple of familiar Australian accounting software houses – Xero and Sage. Last week Xero announced …