Accountants more comfortable with offshoring to experienced providers

David CarterOdyssey in the Press

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 … Read More

Offshoring: Pursuing a more efficient frontier

David CarterOdyssey in the Press

Constant pressure on the bottom line and a desire to do more with less have resulted in a number of SMSF businesses investigating offshoring opportunities as a viable way to cut costs, improve efficiency and increase their profit margins. Odyssey Resources which started a decade ago and is the largest offshore services provider to Australia, now has around 250 staff … Read More

Should resellers outsource or offshore migrations?

David CarterOdyssey in the Press

“Do you use offshore support to run your business? If not you should consider it, if only to help with implementations. A trend among software companies to provide free or subsidised data conversion services from competitors’ products hints at the potential for offshoring in IT resellers.” In this article, published on CRN Australia, Sholto Macpherson explains why Accounting software firms use … Read More

SMSF processing to become timelier

David CarterOdyssey in the Press

Krystine Lumanta interviewed David Carter, CEO of Odyssey Resources, for SelfManagedSuper Magazine. “The time it takes to complete administrative processes and reporting for SMSFs will be cut once pricing comes down and data feeds from the real estate industry become available” “As the price of software goes down, we see that there will be more daily, weekly or monthly processing … Read More

Intuit Extends $5/month QuickBooks Online Deal

David CarterOdyssey in the Press

“Intuit announced last week that it would extend its $5/month deal for QuickBooks Online for at least another three months to 30 September.” After Intuit’s deal extension, Sholto Macpherson has wisely noticed that on top of this deal, one of the most effective ways for Intuit to gain new customers has been to reduce barriers for new customers with the recent launch … Read More

An IPA member’s review of Odyssey Outsourced Accounting Services

David CarterOdyssey in the Press

A letter from David in Sydney after a visit to our offices To one of his accounting firm clients in response to their question – “How was the visit?” . . . 27th November 2013 As we have discussed in the past, Odyssey Resources is a Vietnam based company that prepares Australian tax and accounting documentation for accountants and advisers … Read More

A CA member’s review of Odyssey Outsourced Accounting Services

David CarterOdyssey in the Press

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 … Read More

Admin zero – How low can you go?

David CarterOdyssey in the Press

Krystine Lumanta interviewed David Carter, CEO of Odyssey Resources, for SelfManagedSuper Magazine. “The pressures of information delivery, accessibility and efficiency are being equally felt in the administration and audit sectors servicing SMSFs. While there are some expectations for price cuts this year, Krystine Lumanta is told the industry must address a value awareness issue in order to agree on what … Read More

Offshore administration gaining momentum

David CarterOdyssey in the Press

Darin Tyson-Chan interviewed David Carter, CEO of Odyssey Resources, for SMSF Magazine. The practice of using overseasbased organisations to perform the administrative and compliance functions of SMSFs is increasing, according to a senior executive of a firm operating in the space. “We’ve seen quite a proliferation of companies offering these services in the last six to 12 months, so people … Read More

Tapping a tiger – Compelling reasons to do business in Vietnam

David CarterOdyssey in the Press

“With 90 million people, the Socialist Republic of Vietnam is the 12th most populous country in the world (65 per cent of the population is under 30). For two decades after the 1975 reunification, deeply conservative leadership policies were a ball and chain on economic growth. Since 2001, however, the Vietnamese Government has firmly wedded itself to economic liberalisation, implementing … Read More