14

Jun 2018

Why some Australian accounting firms can’t make outsourcing work

Why some Australian accounting firms can’t make outsourcing work

By: Odyssey Outsourcing
Tags: Accounting Firms, australian accounting

Last week we went through the history of Australian accounting outsourcing. Our CEO David Carter has led the Odyssey in outsourcing to over 1,000 Australian accounting firms over the past 15 years, and Odyssey has completed in excess of 250,000 Australian returns. So we feel we have enough depth and breadth to talk a bit about why some firms can’t …

07

Jun 2018

The history of Australian accounting outsourcing, and why finding quality providers is hard

The history of Australian accounting outsourcing, and why finding quality providers is hard

By: Odyssey Outsourcing
Tags: australian accounting, History of outsourcing, Odyssey

Our CEO David Carter has led the Odyssey in outsourcing to over 1,000 Australian accounting firms over the past 15 years, and Odyssey has completed in excess of 250,000 Australian returns. So we feel we have enough depth and breadth to talk a bit about the history of Australian accounting outsourcing. Going back to the year dot, when Australian accounting …

31

May 2018

What Australian accounting directors fear most about Outsourcing...

What Australian accounting directors fear most about Outsourcing…

By: Odyssey Outsourcing
Tags: Accounting Directors, Australian Accountant, Outsourcing Fears

We recently had a group of Australian accounting directors confide in us their top 12 outsourcing fears. As conveyed to Odyssey, here are the top 12: 1. Ethical issues. Is there going to be a lack of support from other directors, staff, and customers. Are any of these parties worried about jobs moving offshore. Will this lead to motivational issues, …

24

May 2018

Will the rise of the Gig economy hit Australian compliance, or outsourcing?

Will the rise of the Gig economy hit Australian compliance, or outsourcing?

By: Odyssey Outsourcing
Tags: Australian compliance, gig economy, Outsourcing

It was interesting to note the Australian economists remarking on the Australian economy earlier this year note that in January there was a 16k increase in employment consisting of a 50k drop in full-time employment and a 66k increase in part-time work. At that time the economists were estimating a 20k increase in employment. It’s interesting to think further on …

10

May 2018

The (Accounting) Outsourcing/Offshoring Firm of the Futur Part 1

The (Accounting) Outsourcing/Offshoring.. Firm of the Future…Part 1

By: Odyssey Outsourcing
Tags: Outsourcing, workforce

With the competition for offshoring and outsourcing heating up, we thought it might be a good time to look at the future of offshoring and outsourcing. In looking at the firm of the future, there are several obvious recent trends that will impact the future of work completed offshore. Amongst these trends are: Mobility of workforce. Previously many foreign students …

26

Apr 2018

What Australian accountants are really thinking about Outsourcing

What Australian accountants are really thinking about Outsourcing

By: Odyssey Outsourcing
Tags: Australian Accountant, Outsourcing

Outsourcing has been in the news recently, and online comments on what Australian accountants are thinking about outsourcing are quite enlightening. So what are they actually thinking? Trolling through some Australian online sites, we’ve found some interesting comments. Australian accountants are: concerned about the impact of outsourcing have seen poor work quality Have concerns that the foreign worker does not …

19

Apr 2018

Mediocrity and the offshore worker

Mediocrity and the offshore worker

By: Odyssey Outsourcing
Tags: gig economy, offshore worker, Seat Leasing, value pricing

There is a large amount of Australian compliance work being done overseas, and recently there have been cheaper “offshore” offerings by labour hire firms. These labour hire firms tend to offer a controlled offering, which seems to be accepted in line with the traditional business model some accountants understand and prefer. Newer accounting business model adoptees are ok with the …

12

Apr 2018

2018 The year to bring Bookkeeping back inhouse and outsourced

2018 – the year to bring Bookkeeping back inhouse, and outsourced.

By: Odyssey Outsourcing
Tags: Accounting software, Australian bookkeeping, cloud, Outsourced bookkeeping

Bookkeeping has been on the backburner for quite some time. A lot of accountants have been focused on the complexity of compliance, the cloud, digitization, and automation. At the same time, there’s been a battle in the SMSF arena as the competition heats up, and not just between accountants who have been outsourcing overseas, but also with newcomers in the …