17

Oct 2019

accounting-outsourcing

Top 5 reasons why Australian Accounting firms are outsourcing overseas

By: Odyssey Outsourcing
Tags: accounting, australia, compliance, key reasons, Outsourcing

Australian accounting firms are moving into cloud, automation, and outsourcing at an increasing pace. In 2012 Odyssey’s CEO presented at the IPA Conference on “Outsourcing: Out of the closet and into the Cloud”. Fast forward to today, and everyone knows about outsourcing, and it’s widely accepted amongst the Australian accounting community. Certainly Australian accounting and tax compliance outsourcing has come …

10

Oct 2019

outsourcing-offshoring

Offshoring versus Outsourcing? Why the confusion remains

By: Odyssey Outsourcing
Tags: Offshoring, Outsourcing, turnover, virtual teams

Our CEO was visiting a client in Canberra the other day, and discussion invariably ended up mentioning the aggressive pursuit by offshore labour providers in the Philippines.  The question then had to be asked: why are some firms considering the Philippines labour hire solutions, while other firms are knocking them back and working with Outsourcing offerings. The response was: Offshoring …

05

Sep 2019

Outsourcing-the-importance-of-understanding-where-you-work

Outsourcing: the importance of understanding where you work

By: Odyssey Outsourcing
Tags: Australian tax compliance, Outsourcing

While travelling around we recently spotted a sign nearby a water drinking source. At first glance the sign appears totally in order, both in the original language, and in the translated English. However, native English speakers would likely note that “All sorts of pollution is banned” does not quite resolve the problem. Indeed “All Sorts” is not fully exclusive or …

29

Aug 2019

Australian tax compliance outsourcing

Australian tax compliance outsourcing: The Odyssey Outsourcing model versus Offshoring to the Philippines

By: Odyssey Outsourcing
Tags: Australian tax compliance outsourcing, Outsourcing

Odyssey Outsourcing specialists have been providing Australian Outsourced accounting, bookkeeping and tax services since 2006. As you’d expect, over the past 15 years we’ve seen a lot of water under the bridge. Mobile phones have arrived, the internet speeds and reliability have increased, and the cloud is now a part of many Australian accountants lives. The cloud affects not only …

22

Aug 2019

odyssey-australian-tax-outsourcing

Odyssey’s Australian tax outsourcing – 15 years, and the change continues

By: Odyssey Outsourcing
Tags: Australian tax, Odyssey Resources, Outsourcing

As we come up to our 15th year in providing Australian tax, accounting and bookkeeping services to Australian clients, we thought we’d grab a photo of one of the awards nominations we had from back in 2007, when outsourcing was very new, and regarded as a business innovation. One thing is for sure, what is new and exciting one year, …

15

Aug 2019

smsf-outsourcing

Accounting firms: How to effectively Outsource your SMSF work

By: Odyssey Outsourcing
Tags: ad-hoc model, capacity, gig economy, SMSF outsourcing

Need to know the who, what, when, where and why of outsourcing your compliance work. But first, here’s the maths behind the argument that full time SMSF compliance workers don’t work, either locally or foreign hired. Australian accounting firm owners know that tax returns arrive in individual jobs, and at the same time the resources needed to be hired to …