May 2020


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 …


May 2019

3 tax law benefits of working with an outsourcing partner

Three unknown benefits of Outsourcing Australian compliance work to a Trusted Outsourcing partner with current knowledge of Australian tax laws

By: Odyssey Outsourcing
Tags: australian tax laws, Quality, realtime, up to date

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. This week we have a look at three often unknown benefits of outsourcing work to a trusted outsourcing partner Benefit 1: Zero tension regarding Australian …


Aug 2018

Outsourcing partner investing

Outsourcing trends… why your Outsourcing partner needs to continue to invest

By: Odyssey Outsourcing
Tags: continuous improvement, procedures, Quality, systems, Training

Popular theory has three main ideas on organisations life-cycle: they are either growing, shrinking or stagnating. In the Accounting compliance world this is probably true, though with compliance sometimes it’s akin to watching paint dry. A bit boring, but it’s bread and butter for thousands of Australian accountants. So what about your Outsourcing partner, should they also be under the …


Jun 2018

Outsourcing: Why chasing cost savings is failing Australian accounting firm owners

Outsourcing: Why chasing cost savings is failing Australian accounting firm owners

By: Odyssey Outsourcing
Tags: Price, Quality, Timeliness

Anyone who has heard of outsourcing probably thinks the primary motive is to save costs, and while this might have been the initial focus for a lot of Australian accounting firms, there are a lot of other reasons why Australian accounting firms have been tinkering with outsourcing models over the past two decades. For regional firms, there has always been …


May 2016

Accountants advised on outsourcing quality problems

By: Odyssey Publication
Tags: Ad hoc resources, Full time resources, limited outsourcing supply, Quality

Mitchell Turner released an article on Accountants Daily, explaining that there can be inconsistency issues and wavering quality levels when it comes to outsourcing of operations  overseas. This article might have been headed: “Problems with outsourcing”. As the article indicates, one Outsourcing provider notes the problems with controlling and managing outsourcing operations, quite possibly in reference to the recent trend …


Mar 2016

Accountants more comfortable with offshoring to experienced providers

By: Odyssey Odyssey in the Press
Tags: Disclosure, offshore, Quality

Offshoring SMSF administration and compliance work is becoming more common among accountants as the services receive more take-up and the quality of work improves. Krystine Lumanta from SelfManagedSuper writes about the general acceptance of outsourcing in the accounting industry after speaking with Odyssey Resources CEO David Carter. Many small and medium enterprises are already using offshore resources ranging from Virtual assistants …


Jul 2013

A CA member’s review of Odyssey Outsourced Accounting Services

By: Odyssey Odyssey in the Press
Tags: Client visit, Experience, Outsourcing, Quality, Review, Turnaround times

A letter from Tony. In response to our email asking – How did we do last year… 10th July 2013 Hi Dave, I have been in the unique position of having knowledge of how accounting firms in Australia operate; having provided management consulting & tax consulting services to a number of chartered accounting firms in Brisbane, Gold Coast & Sydney …