28

May 2020

Remote-workers-Pulling-the-plug-and-impacts-on-profitability

Remote workers: Pulling the plug and impacts on profitability

By: Odyssey Outsourcing
Tags: ad-hoc model, Australian tax compliance, forex risk, offshore labour, Outsourced offshore

We’ve previously touched on risks that offshore labour services providers like to gloss over when selling their “cheap and cheerful” full time labour resources. These risks include pushing the foreign exchange risk back onto the Australian accountant, wherein paying for the actual salary of a full time worker in foreign currency leaves the Australian accounting firm exposed to detrimental movements …

21

May 2020

Australian accountants working at home-is the myth of the full time home worker finally over

Australian accountants working at home: Is the myth of the full time home worker finally over?

By: Odyssey Outsourcing
Tags: ACCOUNTANTS, Ad hoc work, australian accounting, work life balance, WORKING FROM HOME

For those of us that have been trying to work from home, while at the same time keeping a glancing eye on our children also doing school from at home, there must have been some questions in the backs of our minds, especially related to the fees we are paying for our children’s education. Regardless of whether our children are …

14

May 2020

Australian-accounting-outsourcing-Is-the-genie-out-of-the-bottle.jpg

Australian accounting outsourcing: Is the genie out of the bottle?

By: Odyssey Outsourcing
Tags: artificial intelligence, Australian Accountant, Bots, Cloud Accounting, offshore, OUTSOURCING PERFORMANCE

We’re already seeing some interesting changes in the Australian medical profession recently. More doctors are doing online consultations, and it’s a new strange world. Are we one step away from allowing foreign doctors handle online consultations. There are already specialists in offshore places analysing x-rays and various reports. How far away are we from a computerised system that can handle …

07

May 2020

The-bitterness-of-poor-quality-remains-long-after-the-sweetness-of-low-price-is-forgotten.jpg

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 …