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. Last week we look at the trends we believe will impact the future of work completed offshore. Taking these trends into account, we put down our thoughts on what these trends actually mean for …
The (Accounting) Outsourcing/Offshoring.. Firm of the Future…Part 1
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 …
What Australian accountants are really thinking about 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 …
The Top 9 reasons why your Accounting firm probably isn’t Outsourcing
As you’ve probably seen from our blog postings, there are plenty of benefits of outsourcing accounting and tax compliance. However, we’ve also seen a lot of people come up with excuses as to why accounting outsourcing won’t work for their firm. So we thought this week we’d give you the “Best of the Best” excuses about why people haven’t gone …
Offshore workers not equal: the importance of a good due diligence.
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 …
Why outsourcing is critical for your retirement nest egg
I spotted this interesting article last year on an investment site, where some 48 experts have been asked the question: “How much money do you need to retire ?”, and for our accounting brains that are used to answers down to 2 decimal places, the answers are pretty shocking. The short answer is “it depends”, and the range of amounts …
The 8 key advantages of using ad-hoc resources for Australian tax compliance outsourcing
In this blog we look at 8 key advantages of using ad-hoc resources for Australian tax compliance outsourcing. Warning: These are the secrets the “per seat” leasing people would rather you didn’t know… You cut down your overheads by only paying for Actual work done This is the most important factor. You don’t have to pay for all the overheads …
OutsourcingPhobia, shining a light on our Australian tax Compliance fears
We were looking through the phobia list the other day, which is pretty massive in itself, and decided it was about time that we put a name to the fear of outsourcing. It’s often been said that half of the journey involves shining a light on the fear, and with understanding comes an ability to work through that fear. So …
Top 5 reasons why Australian Accounting firms are outsourcing overseas
Australian accounting firms are moving into cloud, automation, and outsourcing at an increasing pace. In 2012 Odyssey’s CEO presented at the IPA Conference on “Outsourcing: Out of the closet and into the Cloud”. Fast forward to today, and everyone knows about outsourcing, and it’s widely accepted amongst the Australian accounting community. Certainly Australian accounting and tax compliance outsourcing has come …
10 key reasons why Bookkeeping outsourcing is critical for Australian accounting firms
There has been a lot of movement into bookkeeping by Australian accounting firms, and this has been well documented in the past year. As compliance moves into the cloud and is automated, it is now more critical that Australian accountants extend their influence and ability into areas of current concern, where their role of trusted adviser can best be utilized. …
