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 …

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 …

23

Jan 2020

Gen-Z-Accountants-What-are-the-challenges-for-Australian-employers-in-accounting-industry.jpg

Gen Z Accountants: What are the challenges for Australian employers in accounting industry?

By: Odyssey Outsourcing
Tags: ACCOUNTANTS, Accounting Firms, GEN Z, Outsourcing, RECRUITMENT

The entering of Gen Z into the workforce is changing the way the world turns, and that means Australian accounting firms and employers in the accounting industry are putting their focus on this young generation to recruit and retain top talent. However, Australian accounting firms may face many challenges in recruiting and training Gen Z accountants. Attracting and recruiting accounting …

16

Jan 2020

Automation-in-Australian-Outsourcing-Accounting-Risks-or-Opportunities-2

Automation in Australian Accounting: Risks or Opportunities?

By: Odyssey Uncategorised
Tags: Accounting Firms, Australian compliance, Automation, Cloud software, Outsourcing

Automation has been threatening thousands to millions of jobs with obsolescence, and accounting jobs are supposedly at the top of list. Indeed, there is no surprise here that accounting automation truly makes productivity improvements in Australian compliance services. Accounting software that automate processes have taken over many back-office functions in accounting services. Hence; Australian accounting firms who were charging their …

09

Jan 2020

Commoditisation in Australian outsourcing accounting services: Only the strongest systems can survive

Commoditisation in Australian Outsourcing Accounting Services: Only the Strongest Systems Can Survive

By: Odyssey Outsourcing
Tags: australian accounting, Automation, commoditization of compliance, Outsourcing, systemisation

Whether you’ve joined the movement or not, it’s no doubt that the Australian tax and accounting industry keeps moving into more automation. As a result, there are surely big box accounting services providers that have “commoditised” their basic set of services such as bookkeeping, superannuation and taxes. Small and large businesses can find these services from a variety of providers.  …

02

Jan 2020

Odyssey Accountants 2020 – Celebrate the Past and Create the Future

Odyssey Accountants 2020 – Celebrate the Past and Create the Future

By: Odyssey Outsourcing
Tags: Australian Accountant, Australian compliance, Australian tax compliance outsourcing, new year, Outsourcing

During the past 10 years, it’s quite a decade of Odyssey. We had experienced our strong growth from the pioneer to become the market leader in outsourcing for Australian accounting firms. The achievements of Odyssey are the results of the companion of our clients and employees during this 10–year milestone. And we would like to express our thankfulness to all. …

26

Dec 2019

Key Criteria in Choosing a Right Australian Accounting Outsourcing Partner for your firm

Key Criteria in Choosing a Right Australian Accounting Outsourcing Partner for your firm: Part 2 of 2 – Systemisation and Data Security

By: Odyssey Outsourcing
Tags: australian accounting, Data security, outsourcery management system, Outsourcing, systemisation

Prior to checking this post out, this week blog will keep identifying the main factors that Australian Accounting firms should consider when choosing a right outsourcing partner. Systemisation in Australian accounting outsourcing operation In the outsourcing accounting industry, technology plays an important part to help collaboration across borders with language or time zone difference and leads to higher productivity and …

19

Dec 2019

Key Criteria in Choosing a Right Australian Accounting Outsourcing Partner for your firm

Key Criteria in Choosing a Right Australian Accounting Outsourcing Partner for your firm: Part 1 of 2 – Maximize Your Cost Efficiency

By: Odyssey Outsourcing
Tags: Accounting Firms, ad-hoc model, Australian Accountant, Cost, Outsourcing

During the festive season, many Australian accounting firms will close and thus not work on their compliance jobs. In order to reduce the burden of deadlines after the holiday, Australian accounting firms can choose a better solution: outsourcing. Indeed, most of outsourcing firms in Asia countries like Vietnam still process work during the Christmas and New Year season. However, it …

05

Dec 2019

Australian Accountants A Bigger Plan for your Accounting firm in the Upcoming Era of Automation

Australian Accountants: A Bigger Plan for your Accounting firm in the Upcoming Era of Automation

By: Odyssey Outsourcing
Tags: artificial intelligence, australian accounting, Automation, cloud, Outsourcing

The accounting industry has achieved massive cloud penetration and the laggards or those who will never adopt, will be forced to leave the market. Following this market trend, Odyssey has been converting into the cloud since 2013 and kept upgrading our system to maximize our services efficiency. Many Australian accounting firms are willing to pay more for their bookkeeping platforms …

28

Nov 2019

how-outsourcing-services-bring-value-to-australian-accounting-firms

How Outsourcing Services Bring Value to Australian Accounting Firms

By: Odyssey Outsourcing
Tags: australian accounting, Australian bookkeeping, Cloud computing, cybersecurity, Outsourcing

In the past few years, the outsourced accounting industry has kept bringing a lot of values to Australian accounting firms. More and more accounting firms have begun to outsource much more complex jobs not only bookkeeping or data entry, but also tax return, SMSFs, etc. What are the major factors that have driven the high demands of outsourced services in …