25

Jun 2020

Firing clients the right way

Australian accounting firms: Firing clients the right way

By: Odyssey Outsourcing
Tags: Accounting Firms, ad-hoc model, Australian Accountant, Compliance Work, profitability

We’ve all seen the silos of different client types: Type A – clients you love working with and are highly profitable, the kind of clients you’d go on holiday with.. Type B – clients you like working with and are profitable Type C – clients that are ok and you make some profit Type D – clients that cost you …

07

May 2020

The-bitterness-of-poor-quality-remains-long-after-the-sweetness-of-low-price-is-forgotten.jpg

Australian accounting tax Outsourcing: ” The bitterness of poor quality remains long after the sweetness of low price is forgotten”

By: Odyssey Outsourcing
Tags: Australian Accountant, Compliance Work, Outsourcing potential risk, Price, Quality

More than ever Australian accounting firms are looking at utilizing offshore resources to assist with their compliance work, and in this unsure age where the SME client numbers are unstable, more Australian accounting firm owners are looking to ad-hoc resource suppliers, just in case the workload increases significantly beyond inhouse capacity. At the same time, the complexity of the recent …

23

Apr 2020

Australian-accountants-Are-you-working-as-best-as-you-can-in-remote-mode.jpg

Australian accountants: Are you working as best as you can in remote mode?

By: Odyssey Outsourcing
Tags: Accounting Firms, Ad hoc work, Australian Accountant, Compliance Work, WORKING FROM HOME

We’re seeing and hearing from our clients that some of them have been taken by surprise by the recent and quick move to lock down in Australia. Despite providing pretty much the same compliance services to the public, remote work for firms has been a huge range from “not a problem” to “very difficult”. For more progressive firm owners who …

13

Feb 2020

Process-Standardization-In-Outsourcing-Australian-Compliances-the-key-success-of-a-BPO-service-provider.

Process Standardization In Outsourcing Australian Compliance: the key success of a BPO service provider

By: Odyssey Outsourcing
Tags: australian accounting, BPO, Compliance Work, SMSF, standardization

Imagine if your offshore staff had no set guidelines for handling a compliance job. It would be like you picked up randomly some people from the street, sat them down at the helpdesk, and expected them to complete the job well. Every BPO provider for Australian accounting usually work on tons of compliance jobs, and need to finish them smoothly …

06

Feb 2020

Guidelines-to-qualify-BPO-service-provider-for-Australian-Accounting-firms

Guidelines to qualify BPO service providers for Australian Accounting firms

By: Odyssey Outsourcing
Tags: australian accounting, BPO, Compliance Work, Outsourcing, systemisation

There is no doubt that outsourcing has become the mainstream for Australian accounting firms to achieve high performance and productivity for their services at lower costs. Searching for a qualified outsourcing partners for your accounting business requires a big effort. Let us show you a quick start guide of what to look at when selecting BPO service providers. How long …

06

Jun 2019

offshore-labour-hire-cocaine-for-accountants

Are offshoring labour hire services for Australian Compliance just like Cocaine for accountants?

By: Odyssey Outsourcing
Tags: Compliance Work, hidden costs, outsourcing vs offshore labour hire

This week I had the opportunity to chat to an Australian accountant, who was talking about his decision to outsource work over to Odyssey. He mentioned that a lot of Australian accounting firms are being sold the opportunity to source a lower cost employee overseas, but on investigation involved a myriad of hidden costs: Recruitment fees of $2,000 to $4,000. …

12

Jul 2018

Reliable

How to determine the reliability of your Australian compliance Outsourcing company

By: Odyssey Outsourcing
Tags: Accounting Firms, Compliance Work, Odyssey

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 …