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 …


Dec 2018

What kind of services can accounting firms Outsource?

What kind of services can accounting firms outsource?

By: Odyssey Outsourcing
Tags: Accounting services, Australian compliance, Outsourcing

Accounting firms normally outsource the business activities related to accounting, taxation and bookkeeping compliance. In the digital age, many firms are considering the outsourcing of other ancillary services such as marketing, sales and administration. The checklist below will help you identify which areas and which services you wish to outsource. Accounting function services Accounting compliance is the usual standard service …


Oct 2018

Practice management series - 1

The top 5 Benefits of Outsourcing your Australian Accounting, Taxation and Bookkeeping Compliance to an Experienced Offshore provider

By: Odyssey Outsourcing
Tags: benefits, Offshoring, Outsourcing

Outsourcing is not new. It derives from the economic principle of comparative advantage. CPA Australia released several great checklists back in October 2016, with lead author by Odyssey’s David Carter. The checklists in these series allow Australian accountants looking to use or provide outsourced services to cover many of the important aspects of outsourcing. This week we look at the …


Oct 2018

6 Reasons why you should outsource

6 Good Reasons to outsource your Australian Compliance work to an expert

By: Odyssey Outsourcing
Tags: Australian compliance, Change, Outsourcing

Outsourcing (and not offshore labour hire) can bring many benefits to your business. It’s critical that business owners remain alert and agile to ever present changing market conditions. Outsourcing now is a business norm, and yet there are still a few Australian accountants not yet fully into Outsourcing. With change an ever constant, especially not only as we’ve recently seen …


Sep 2018

Remote workers outperform office workers

The 5 top reasons why “Outsourced” Remote staff are outperforming local office workers

By: Odyssey Outsourcing
Tags: Australian Accountant, Outsourcing, Remote staff

In a recent Harvard Business Review report the number of people who say they can’t concentrate at their desk has increased by 16% since 2008, and the number of those who don’t have access to quiet places to do focused work is up by 13%. Office space design today seems to come with noises and other distractions that break concentration or …


May 2018

Will the rise of the Gig economy hit Australian compliance, or outsourcing?

Will the rise of the Gig economy hit Australian compliance, or outsourcing?

By: Odyssey Outsourcing
Tags: Australian compliance, gig economy, Outsourcing

It was interesting to note the Australian economists remarking on the Australian economy earlier this year note that in January there was a 16k increase in employment consisting of a 50k drop in full-time employment and a 66k increase in part-time work. At that time the economists were estimating a 20k increase in employment. It’s interesting to think further on …


May 2018

The (Accounting) Outsourcing/Offshoring Firm of the Futur Part 1

The (Accounting) Outsourcing/Offshoring.. Firm of the Future…Part 1

By: Odyssey Outsourcing
Tags: Outsourcing, workforce

With the competition for offshoring and outsourcing heating up, we thought it might be a good time to look at the future of offshoring and outsourcing. In looking at the firm of the future, there are several obvious recent trends that will impact the future of work completed offshore. Amongst these trends are: Mobility of workforce. Previously many foreign students …


Apr 2018

What Australian accountants are really thinking about Outsourcing

What Australian accountants are really thinking about Outsourcing

By: Odyssey Outsourcing
Tags: Australian Accountant, Outsourcing

Outsourcing has been in the news recently, and online comments on what Australian accountants are thinking about outsourcing are quite enlightening. So what are they actually thinking? Trolling through some Australian online sites, we’ve found some interesting comments. Australian accountants are: concerned about the impact of outsourcing have seen poor work quality Have concerns that the foreign worker does not …