Out sourcing success?
In a follow up of yesterdays article, the New Zealand tax department has issued a ruling that businesses operating in the country that use Cloud Computing services hosted overseas must ensure that business records are available locally.
http://www.crn.com.au/News/241581,nz-cloud-users-asked-to-keep-local-copies.aspx
I mean tax departments don’t care about cash flow or other problems, they want their money and they want it now. That’s why banks are licensed by governments. It’s up to a business to loan they money if they have to, no excuses.
This is no different really. They don’t care how you do your accounting, where you host your files or what kind of contract & technical problems your cloud partner might have. If you can’t produce financial records they’re going to take it out of your bank account or put you in jail. No excuses.
I think it pretty obvious Australia will follow this ruling.
And another roaring outsourcing success today as the Commonwealth Bank goes down leaving 5% of all customers with a zero account balance. I guess we shouldn’t complain. This is the system we setup, the famous “four pillars”. Sounds all very noble doesn’t it, like it’s holding something of significance up. But actually it’s a government created market screwing Australians for all they can get way with.
They outsource to save money because when people talk about ‘the bottom line’ they aren’t talking about customers and service levels.
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