The Offshore Experience: The Locmans POV

TOA GLOBAL delves deep into the corporate philosophy of Locmans Advisors and sits down with Associate Director Damian Lococo to discuss industry shifts and the solutions offshoring provides. Sometimes, success is a double-edged sword. On the one hand, you know you’re doing something right when the clients start rolling in. On the other, sustaining the ... Read more

HARNESSING THE POWER OF OFFSHORING: THE BJT EXPERIENCE

Michelle Beadle Outsourcing Accountant
There are many challenges a small business faces. Accounting firms are no exception. Based on a recent survey from Accounting Today –  the topmost industry concerns are the impact of new technologies and the ability to adapt to the rapid change of pace. Interestingly enough, one emerging solution tackles these two main concerns in the ... Read more

Win Your First 100 Clients and Learn the Best Practices in People Strategy: Key Insights from ReceiptBank Summit in ABE 2019

TOA Global Team at ABE 2019

TOA Global Chairman Nick Sinclair joined fellow industry leaders on the annual Accounting Business Expo held last March 20 and 21, 2019 at the International Convention Center in Sydney. During the Zero – 100 and Perfect Practice Summits by ReceiptBank, Nick tackled some of the more pressing concerns regarding offshoring and how it affects the … Read more

How Your High-Performing Offshore Team Drives Your Firm To The Top: Ignite Roadshow 2019 Highlights

Offshoring for Accountants

Hitting five of Australia’s largest business markets, potential and existing clients headed to TOA Global’s “relaxed but informative” (ASHLEIGH JAREMYN, Executive Director LIGHTYEAR DOCS) seminars in Melbourne, Brisbane, Sydney, Adelaide, and Perth. The tour is intended to share a wealth of knowledge among like-minded peers on all aspects of team-building and culture development for accounting firms.  Looking to scale your practice with a global team? … Read more

Breaking Culture Barriers: 5 Benefits of Getting Involved With Your Global Team

Stronger, more personal connection that leads to a more engaged staff  It’s not often that a client attends an employee’s wedding so imagine the amount of effort, resources—and love—one must have for his or her staff to fly across thousands of kilometres to share this very special day.  For Careful Book’s Judith and Les Searle, you can … Read more

Should Your Accounting Practice Be Outsourced?

outsourcing your accounting work

While there are benefits to outsourcing for many businesses, it doesn’t mean it’s necessarily right for all. If you’ve been thinking about outsourcing for your accounting firm, we’ve got 5 things you should ask yourself first. 1. Would you like to have more time to spend on customer relationships, business development or business growth initiatives? … Read more

The Pros and Cons of Outsourcing

the pros and cons of outsourcing

Is outsourcing right for you? It pays to know what you’re signing up for before you get started Before you decide to outsource some of your accounting or bookkeeping functions, it’s worth checking out the benefits—and the drawbacks—to understand whether outsourcing is the right option for your accounting business. Competitive advantages of outsourcing for accountants … Read more

What is Outsourcing for Accountants?

group of accountants in offshoring

With communication world-wide becoming easier–and instant–outsourcing is becoming more common and with good reason. Outsourcing means using a third party operation, outside of your own accounting practice, to perform part or all of your business services. It might be to perform an individual task or project, manage operations, or provide specific accounting services that are … Read more

What is Offshoring?

what is offshoring

Technology has made it easier, much more accessible, to successfully use offshoring as part of your accounting or bookkeeping business model. Offshoring is the practice of redistributing activities to another geographic economy to gain an advantage. Trends such as globalization, cloud computing, technological advancements, increased customer expectations, skills shortages, and the increased costs of local … Read more

Types of Outsourcing for Accountants

team of accountants working together

In a digital, connected world, businesses like accounting and bookkeeping firms are looking to leverage opportunities for outsourcing various business functions. No longer restricted by geographical borders, the desire to cost-save, access specialized accounting skills, increase efficiency, reduce equipment or overhead costs, and gain a competitive advantage are big draw cards for accounting practices who … Read more

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