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

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

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

Why Outsource? 6 Key Reasons to Use Outsourcing for Your Business

6 reasons for outsourcing

Thousands of businesses are turning to outsourcing to gain access to extra skill, resources and better business outcomes – with benefits like these, it’s not hard to see why. As the world becomes a connected marketplace, consumers are hunting for cheaper products and services from global providers. To remain competitive in the accounting industry – … Read more

What is Business Process Outsourcing (BPO)?

business process outsourcing in accounting

Business process outsourcing (BPO) involves contracting both internal and customer-related services to third-party suppliers. Historically, outsourcing had largely been associated with manufacturing enterprises – think of car manufacturers, or electronics brands – where large chunks of their supply chains rely on the contribution of parts or labor from external suppliers. However, with digital connectivity changing … Read more