Offshoring not always profitable Offshoring work overseas (labour hire of offshore staff) frequently misses the practice efficiencies that Accounting firm owners are looking for. In the absence of having the right systems in places to take advantage of an offshore labour force, the back-office tasks performed offshore don’t necessarily have a positive effect on profitability, despite a lower labour cost. …
Key Criteria in Choosing a Right Australian Accounting Outsourcing Partner for your firm: Part 2 of 2 – Systemisation and Data Security
Prior to checking this post out, this week blog will keep identifying the main factors that Australian Accounting firms should consider when choosing a right outsourcing partner. Systemisation in Australian accounting outsourcing operation In the outsourcing accounting industry, technology plays an important part to help collaboration across borders with language or time zone difference and leads to higher productivity and …