Our CEO was visiting a client in Canberra the other day, and discussion invariably ended up mentioning the aggressive pursuit by offshore labour providers in the Philippines. The question then had to be asked: why are some firms considering the Philippines labour hire solutions, while other firms are knocking them back and working with Outsourcing offerings. The response was: Offshoring …
Its ok for the 10% of what you love to change over the years
Last week we talked about finding that optimum spot in your working life. Our view is that work (and life) satisfaction comes from spending 90% (or more) doing the 10% that you love, and 10% of your time on the 90% other stuff. There needs to be downtime, but the most benefit in life comes from challenging yourself in the …
Are you doing the 10% you love?
I had a chat with a business owner the other day. In actual fact, he was no longer the business owner. His dad had setup the firm many years ago, and he had inherited the firm as his dad retired. He had worked in the business for several years, and for several more years he ran the business as a …
The fastest accountant in the world
We complete some 50,000 Australian tax, accounting, bookkeeping and sundry compliance jobs annually. It’s interesting when we get a new client, that sometimes they ask about the hours we’re charging. Of course, it’s a great discussion, and allows us to break down what we were doing on the job (we have some excellent inhouse built systems), to explain the process. …
Stop emailing me with offers of resources: I can code, and so can my staff
I was looking through one of my social media feeds recently, and saw in the news feed a comment from a frustrated IT person, who was obviously receiving far too much email spam (like that never happens to anyone in real life right?), and somewhat frustratedly had jumped onto social media to indicate they could code and had no need …
Outsourcing: the importance of understanding where you work
While travelling around we recently spotted a sign nearby a water drinking source. At first glance the sign appears totally in order, both in the original language, and in the translated English. However, native English speakers would likely note that “All sorts of pollution is banned” does not quite resolve the problem. Indeed “All Sorts” is not fully exclusive or …
Australian tax compliance outsourcing: The Odyssey Outsourcing model versus Offshoring to the Philippines
Odyssey Outsourcing specialists have been providing Australian Outsourced accounting, bookkeeping and tax services since 2006. As you’d expect, over the past 15 years we’ve seen a lot of water under the bridge. Mobile phones have arrived, the internet speeds and reliability have increased, and the cloud is now a part of many Australian accountants lives. The cloud affects not only …
Odyssey’s Australian tax outsourcing – 15 years, and the change continues
As we come up to our 15th year in providing Australian tax, accounting and bookkeeping services to Australian clients, we thought we’d grab a photo of one of the awards nominations we had from back in 2007, when outsourcing was very new, and regarded as a business innovation. One thing is for sure, what is new and exciting one year, …
Accounting business owners model is all wrong. Why hiring full time staff isn’t making sense in the using economy
This week we’re looking at the full time employment model, which is the model most people are probably used to. You know, the one where you grow up, maybe go to uni (or take on a cadetship while you study), then graduate and get a job. And that job is a full time gig. 40 hours a week plus or …
Ownership versus Usership: Why we’re all about the job based compliance model
Over the past year we’ve been seeing a big push in the articles into the quantum shift from ownership to usership. Ownership is dead, seems to be the common themes. Research is showing that less people want to own things, and are more comfortable with using them on a temporary basis. It’s not surprising that global car sales are down, …
