13

Dec 2018

accounting outsourcing best practice

Australian Accounting Outsourcing Best Practice: why Outsourcing is the game changer.

By: Odyssey Outsourcing
Tags: game changer, offshore labour, Outsourcing Best practice

We’ve found some accounting firms headed over to the Philippines in search of additional resources, and thought it might be time to mention a few interesting facts. The offshore labour force is really an extension of your own office, but with labour issues occurring remotely. Most older style accountants still struggle with the new business model: don’t own your clients, …

22

Mar 2018

offshore-workers-not-equal

Offshore workers not equal: the importance of a good due diligence.

By: Odyssey Outsourcing
Tags: due diligence, employee benefits, offshore labour, Outsourcing

More recently we’ve been blogging about the desire of offshore labour providers (offshoring) to have above market remuneration and conditions, which allows them to pass on the (hidden) cost of these conditions to the client, usually the Australian accounting firm. We were recently exchanging communication with an offshore services provider in the Philippines recently related to our blog on Offshore labour …

15

Mar 2018

Do Offshore BPO workers have the last laugh?

Do Offshore BPO workers have the last laugh?

By: Odyssey Outsourcing
Tags: Career growth, offshore labour, Salary, Training

We were reading some reviews the other day of some of the Offshore workers comments on various review sites. Sites such as glassdoor.com, indeed.com or jobstreet.com can give some excellent reviews not only of the working conditions in the company, but also whether employees think they are getting a fair deal. The “fair deal” includes not only remuneration, but the …

21

Dec 2017

Offshore labour firms are not your friends

Offshore labour firms are not your friends

By: Odyssey Outsourcing
Tags: hidden fees, offshore labour, Philippines

As the Philippines market matures, we’re seeing that the offshore labour model continues to challenge Australian accountants in terms of actual productivity benefits. The dominant offshore model is still the offshore outsourcing model, where the risk and responsibility is fully transferred to an overseas provider. But at the moment, we’re seeing massive competition amongst the offshore labour providers, and the …

02

Mar 2016

Offshoring: Pursuing a more efficient frontier

By: Odyssey Odyssey in the Press
Tags: Odyssey, offshore labour, Offshoring, Outsourced Services, Outsourcing

Constant pressure on the bottom line and a desire to do more with less have resulted in a number of SMSF businesses investigating offshoring opportunities as a viable way to cut costs, improve efficiency and increase their profit margins. Odyssey Resources which started a decade ago and is the largest offshore services provider to Australia, now has around 250 staff …

01

Mar 2016

Do Labour Hire firms need to register with the TPB?

By: Odyssey Legislation
Tags: labour hire firms, offshore labour, Outsourcing

The TPB has released an information sheet on 8 January 2016 [TPB(I) 26/2016 Labour hire/on-hire firms] to assist labour hire/on-hire firms involved in the provision of tax related services to understand the operation of the tax agent services regime and whether or not they need to register with the TPB. If the labour hire/on-hire firm is involved in placing a …