30

Apr 2020

Australian tax specialists: Remote learning options coming to the fore

By: Odyssey Outsourcing
Tags: ACCOUNTING CONFERENCE, Australian Accountant, compliance, REMOTE LEARNING, THE AUSTRALIAN TPB

With many Australian accountants being under restricted movements, the requirements for professional learning haven’t ceased. At the same time, with social distancing rules in place across much of Australia, the bottom has fallen out of physical conferences, as well as the opportunity for many suppliers to get their services or products in front of Australian accountants. Hence there is a …

20

Feb 2020

Australian Accounting Firms: Do you tell your clients about the value they receive from your Outsourcing Partner?

By: Odyssey Outsourcing
Tags: accounting, australian, clients, compliance, fear, Outsourcing, Vietnam

While outsourcing bookkeeping, accounting, and compliance jobs has become a common trend for Australian accounting firms, there’s always a different reason for which you are outsourcing. Maybe you’re short on in-house resources, maybe you don’t have enough staff for some rush periods, and you could need outsourcing to catch your deadlines. You could also be outsourcing if you want to …

31

Jan 2020

Let’s-look-inside-the-current-Australian-accounting-compliance-Bots-and-the-hidden-offshore-processing-behind-the-scenes

Let’s look inside the current Australian accounting compliance Bots and the hidden offshore processing behind the scenes!

By: Odyssey Outsourcing
Tags: Accounting Firms, Australian bookkeeping, Bots, compliance, offshore labour

With the rise of automation and AI in the Accounting industry, many accounting firms invest in cloud software packages. Cloud bookkeeping is becoming a standard for many businesses enabling them access to accounting information and management reports in real time. Indeed, AI / automation are the keys providing the processing speed that is required for the “real time” promise. But …

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 …

25

Apr 2019

The shift to strategic review

Quality Australian Tax compliance outsourcing: the shift to review

By: Odyssey Outsourcing
Tags: compliance, Firm of the future, strategic review, switch to advisory

Australian outsourced tax preparation outsourcing services can help public accounting firms of all sizes. Regardless of size of the Australian accounting firm, a quality outsourced services provider will return high quality work, in an exceptional format, in a timely manner. Today we have a quick look at one area many accounting firms struggle to control: preparing and reviewing quality compliance …

04

Apr 2019

Free up local staff

Is it time to Free your mind, and your staff … from Australian accounting and tax compliance work?

By: Odyssey Outsourcing
Tags: compliance, low cost, low staff turnover, Outsourcing

Australian outsourced tax preparation outsourcing services can help public accounting firms of all sizes. Particularly, outsourcing allows smaller practices to compete with the same quality as larger firms that have invested more heavily in training/systems/procedures. While both outsourcing and offshoring offer lower costs, outsourcing provides significant more benefits. Outsourcing allows firms to offer more interesting and varied and challenging work …

18

Jan 2018

Top 5 reasons why Australian Accounting firms are outsourcing overseas

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 …

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 …

15

Jun 2017

Why bringing your outsourced work back inhouse often isn’t seamless…

By: Odyssey Outsourcing
Tags: Ad hoc work, compliance, Full time resources, Outsourcing models, Overseas outsourcing

An ex client of Odyssey reached out to me last week, and wrote the following: Dear David, It has been some time since I have made contact. I was wondering if we could touch base. We used Odyssey for the majority for SMSF clients in the 2016 year, approximately 40-50 funds. Most of these were handled by our senior accountant …