More recently we’ve been talking to a lot of business owners who are resistant to change, and probably would accept the term “late adopters”. The technology curve that everyone pulls out at appropriate times would probably note these people as the 16% Laggards. It’s probably not a pretty name for accountants to have, though we are resistant to change. One …
Why you need to talk to an expert when it comes to outsourcing
In this time of “fake news”, we’re seeing it blatantly obvious that there are a lot of mis truths in the world today, and the world of Australian tax and accounting compliance outsourcing isn’t any different. We’ve seen some of the accounting industry self appointed “leaders” tinkering in social media giving their opinion on outsourcing, and we’ve seen some self …
Outsourcing is all about Trust
For Australian accounting business owners, sending out a critical part of their compliance business to an overseas outsourcing services provider is pretty hard. It’s not only hard, but it’s soul wrenching, gut wrenching, and stressful. There are concerns about whether the quality is ok, whether the data is safe, whether the provider can be trusted to provide consistent quality, … …
10 Signs Outsourcing is going to help your Australian tax compliance work
Everyone wants to be an entrepreneur, as they have for the last 30 years, but it seems these days that being an entrepreneur has replaced people’s dreams of being a rock star, or was it an astronaut… While not everyone deliberately goes out in life to become the owner of an Australian compliance accounting firm, you end up where you …
Outsourcing versus DIY: Why are Australian accountants still doing compliance?
Do you Uber, Airbnb, use any of the great sites that are out there. How about the gig economy – have you tried resources from there yet? We’re all secretly DIY where we can. Save a few bucks. The joy of doing something ourselves. Which is why we probably have rules about important things like electricity and needing to have …
How to determine the reliability of your Australian compliance Outsourcing company
So you are likely to be considering outsourcing your compliance work overseas, but with the hundreds of companies available, how do you determine which one is right for you? Certainly there are loads of offshore companies bombarding your email inbox, smashing your social media feeds, and attending various workshops and seminars. Leaving aside the fact that workshops and seminars operate …
How Australian outsourced compliance can assist with following your dreams?
We’re all getting older. And for those of us in the compliance world the compliance work never seems to stop. For those of us who are business owners it never seems to get easier. There’s the mundane but critical daily “urgent” tasks that crop up, that seem to stop us taking a step back and looking at the big picture. …
Australian compliance outsourcing: a level playing field
We’ve often predicated that Australian compliance outsourcing levels the playing field for Australian firms small and large. Odyssey has over 1,000 Australian accounting firms utilizing our services on an ad-hoc basis, which means as long as we receive one job during the year, then we’ll keep your account open. After a year with no jobs, we do like to make …
Outsourcing: Why chasing cost savings is failing Australian accounting firm owners
Anyone who has heard of outsourcing probably thinks the primary motive is to save costs, and while this might have been the initial focus for a lot of Australian accounting firms, there are a lot of other reasons why Australian accounting firms have been tinkering with outsourcing models over the past two decades. For regional firms, there has always been …
Why some Australian accounting firms can’t make outsourcing work
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 …
