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 …

22

Nov 2018

Practice management series 2

Evaluating the Potential risks of Outsourcing your Australian Accounting, Taxation and Bookkeeping Compliance

By: Odyssey Outsourcing
Tags: australian accounting, offshore, Outsourcing potential risk

In the first part of this series, we discussed the benefits of outsourcing accounting, taxation and bookkeeping compliance to an offshore provider. Understanding the risks associated with the outsourcing is as important as evaluating the benefit. Outsourcing has 3 key success factors / risks: Quality, timeliness, price. Generic business risks are generally well understood and relate to a large extent to these key …