"Innovating towards Redundancy" , Britain in Hong Kong (July - August 2015)

Professional services are feeling the pinch of the knowledge economy. Search engines are replacing specialised researchers and the global village now means that cheaper offshore specialists can replace local experts. What do we do next?

In an interview for Britain in Hong Kong, Stephen Weatherseed, Managing Director of Mazars Hong Kong office talk with Peter Bullock, Partner and Head of Technolgoy and Disputes, Asia Pacific, Pinsent Masons about Innovating towards Redundancy.

Extract of the article 

[...]

Cost benefits in accounting 

Innovation has become a priority agenda item for accounting firms also, says Stephen Weatherseed, Managing Director of Mazars Hong Kong, and social media features heavily in engagement with students, potential employees and stakeholders.

As in the legal sector, Stephen says "another area [where innovation is affecting business] is in the delivery of services where some firms make use of in-house service centres, often in India or the Philippines, whereby audit procedures, or bookkeeping for outsource clients, can be carried out by lower cost staff, thereby lowering the cost of delivery and speeding up the process"

Click here to read the full article (p. 34 - p.35)

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Credits:

  • Article by Peter Bullock, Britain in Hong Kong, July - August 2015 issue 

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