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Your compliance resourcing partner for growth

OUR STORY

WE’RE HERE FOR YOU.

Our business is entirely focused on making your business more time and cost efficient. Since 2009, we’ve been evolving and perfecting an outsourcing model that takes care of the bread and butter work of accountancy for around 25% of the usual cost. It means you can improve profit margins and have more time to focus on expanding your practice. We call it ‘compliance partnering’, and there’s strong evidence to suggest we do it better than anybody else in Australia.

The concept of outsourcing the compliance side of accounting is well established internationally. Industry sector experts agree that it’s the way of the future for accounting practices that want to establish a ‘lean methodology’ business model to improve their bottom line. Now, with our optimised data security and quality assurance measures, we’re delivering the highest standard of outsourced compliance accounting available in Australia.

The offshore team that provides our services includes more than 450 qualified accountants who have a thorough working knowledge of Australia’s financial reporting and tax compliance requirements, as well as commonly used software platforms such as Xero and MYOB. They work only for us, are well-rewarded and operate like a seamless extension of your practice.

Many Australian accounting practices have already chosen us as their compliance partner. They range from small practices to large firms with more than 100 employees. Our clients see us as trusted members of their team, and that’s why compliance partnering should be on your agenda this year.

CASE STUDIES

SWITCHING TO OUTSOURCING

An NSW-based accounting firm focused “on the small to medium” business market.

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DOCXONE THE MISSING PUZZLE

For CA’s wanting to move to the cloud Connect has written a cloud based DMS that means in house servers costs can be eliminated.

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CONVERTING TO XERO

Converting ledgers from one system to a Xero ledger is not so simple.

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OUR TEAM

We have a dedicated resource of qualified accountants at our offices in Mohali, India. In many ways our offshore operation runs like a Australian CA firm, with junior, intermediate and senior staff. Staff turnover is low because working conditions are excellent, there are valuable career advancement opportunities and we pay above award wages.

Our Australian team, based in NSW, is in daily contact with our Mohali offices and senior accountants regularly travel to India to conduct training. We are led by Tim Davidson, a respected chartered accountant with 35+ years’ experience.

TIM DAVIDSON
DIRECTOR

Tim Davidson, B,Bus, FCA, SSA, CTA has over 35 years experience in the profession, 30 of which have been as a Partner/Director. Tim’s specialisations include audit, accounting and tax services to a wide variety of clients including the not-for-profit sector and small to medium enterprises. Tim is a registered Self Managed Superannuation Auditor. Tim helped establish Connect in Australia and regularly travels to Mohali to help train the Mohali team as well as improve the skills base and procedures of the Mohali office. Tim is also actively involved in assisting Australian accounting firms make the shift to outsourcing.

"We have had a very positive relationship with Connect and this has been due to not only the high standard set by Connect, but also the time that we have spent working with Connect refining our systems and procedures."

KEY FIGURES

  • Since 2009,Connect Accounting has completed over 120,000 financial reports and tax returns for Australia businesses.
  • We work with a wide range of Australia accounting firms.
  • Our clients enjoy savings in costs of compliance accounting at a fixed price.

ARE YOU GETTING THE BEST OUT OF YOUR STAFF?

Not sure? Let us show you how you can run a leaner business model with outsourcing.

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