06

Dec 2018

Where are the gains

Is Digital Disruption in the Accounting profession just a load of garbage?

By: Odyssey Automation
Tags: Accounting World, Digital Disruption, Machine Learning

As we all settle into the thought of a break at Christmas time, it’s likely we’ll reflect on the year that was, which is only mid year in the Australian accounting compliance world. More interestingly, what’s really changed this past year. The compliance world seems to be “same old same old”, more tax regulations have been introduced, but apart from …

18

Oct 2018

Rise of the machines

Australian Accounting Compliance workplace experience is needed to fight the rise of the machines!

By: Odyssey Automation
Tags: Australian compliance, industrialization, machines, offshore

We live in a dramatically different world that is different because of globalization and technology.  Outsource your work to a quality company like Odyssey, and get on with adopting new technology. Your future, and your children’s future, depends on it! As we head into this New Wave of industrialization, there is a need to look at not only where the compliance …

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 …

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 …