Comparison of Financial Accounting Companies of Australia

Running head: COMPARISON OF FINANCIAL ACCOUNTING COMPANIES OF AUSTRALIA
Comparison of Financial Accounting Companies of Australia
Name of the Student
Name of the University
Author’s note

1COMPARISON OF FINANCIAL ACCOUNTING COMPANIES OF AUSTRALIA
Table of Contents
1. Task A: The Business-to-Business (B2B) Model........................................................................2
2. Task B: Analysis of the B2B E-Commerce Business Model as per the chosen Website............4
3. Task C: Principal Business Goals of the Website.......................................................................5
4. Task D: Assessment of the Website............................................................................................6
5. Task E: Preference of one website over other...........................................................................16
6. References..................................................................................................................................18

2COMPARISON OF FINANCIAL ACCOUNTING COMPANIES OF AUSTRALIA
1. Task A: The Business-to-Business (B2B) Model
The Business-to-Business (B2B) model of e-commerce has been primarily chosen for the
conduction of the assessment. The B2B is regarded as a form of business model in which more
than two business would be able to interact with each other in daily business transactions (Janita
and Miranda 2013). This process involves the form of business transactions among each of the
businesses. These kind of business transactions involves several manufacturers, retailers and
wholesalers. The B2B business model helps different companies for developing a business chain
by which they would be a regular flow of services and data. The B2B business model has been
mainly chosen for meeting with the needs based on a service industry. There are different
financial service providers who are primarily based within Australia who are making of the B2B
e-commerce business model (Homburg, Stierl and Bornemann 2013). They are making the use
of websites and related tools for the purpose of spreading of their business motives and thus be
able to serve within the industry.
In the past few years, there have been a major form of rise in the growth of the B2B e-
commerce business model. According to a conducted survey, it has been highly expected that
there would be an all-time growth in the U.S dollars. The financial accounting based companies
who are making use of the web based application and tools would help their clients to be able to
learn the intrinsic details of their organization (Holliman and Rowley 2014). These organization
would also be able to serve their customers in a better manner. They would also engage with
their other business partners and thus be able to improvise their personal business strategies.
Moreover, these websites would act as a medium of communication by which other companies
would be able to reach to them by using the facility of emails, online chat support system or
through calls. Hence, they would be resolve any kind of issues within the systems and also

3COMPARISON OF FINANCIAL ACCOUNTING COMPANIES OF AUSTRALIA
develop and maintain a better kind of relationship with their business partners (D’Haen and Van
den Poel 2013).
In this report, the first website based on financial accounting services within Australia is
DBM Consultants. The URL of the website is - https://www.dbmconsultants.com.au/
(Fig 1: Home page of DBM Consultants, Australia)
The second chosen financial accounting services website is from the Azure Group,
Australia. The website of the company could be accessed by accessing the URL -
http://www.azuregroup.com.au/
(Fig 2: Home page of Azure Group, Australia)

4COMPARISON OF FINANCIAL ACCOUNTING COMPANIES OF AUSTRALIA
2. Task B: Analysis of the B2B E-Commerce Business Model as per the chosen Website
The DBM Consultants are one of the topmost financial and accounting consultancy
service provider who follow the B2B service model. They have a broader reputation within the
international market and they have also been ranked among the Fortune 500 list of companies.
They have an intense financial based services for their clients. The clients of this business
venture are mainly small to large businesses and other international business organizations.
DBM consultants have also established their firm business base in the markets of Australia
(Dbmconsultants.com.au 2018). The company is regarded as a brand name in the financial
accounting sector of business companies. They have many collaborations, which take place
among various business professionals who are based in Australia and also in other parts of the
world. These form of collaborations are made for providing various forms of services that range
from financial advisory, tax, audit, economics, and human capital and also services related to
technical aspects. DBM Consultants also help in providing service in the various fields and
aspects of business perspectives, which normally range from government organizations,
healthcare sectors and different kinds of other private based business organizations. The
accounting based company supports in the various forms of discussion with their clients based on
the improvement within their business, formulates their concerns or issues and thus provided
various kinds of suggestions based on dealing with the rising issues and reports.
The Azure Group, Australia was primarily established in the year 2002. The main motive
of the business was to serve the purposes of other financial sectors within Australia. The current
business procedure of Azure Group is mainly based on the B2B business model of e-commerce.
This form of business model has tremendously helped the organization to gain reputation within
the world market and thus be able to create a brand name in the entire world of business

5COMPARISON OF FINANCIAL ACCOUNTING COMPANIES OF AUSTRALIA
(Azuregroup.com.au, 2018). They mainly help in supporting small and large business firms
about their issues by contacting them through emails, chat support and thus plan accordingly.
They also provide service by developing various business units, concepts that would be able to
provide business insights for their business partners who would learn from the company. Based
on the previous success history of Azure Group, it has been evident that they would hugely
succeed in the growth of their business in the near future.
3. Task C: Principal Business Goals of the Website
The Azure Group have high aims for their business prospects. Hence they strive harder
for achieving those goals. In the recent years, they have shown a major growth within their
business and have also established several collaborations with other companies and businesses
(Freeman et al. 2015). Some of the major kinds of business values of the company are:
 Respect and Trust – The company aims for promoting their business by establishing
trust among the other business partners who are in collaboration. They firmly believe that
earning trust and respect is a much needed asset for the growth within the business.
 Achievement of Goals – They set their personal limits and thus strive harder to break
those limits and perform much better in every kind of circumstances. They not only
provide business solutions but also make their services to reach different levels. Hence
they provide various kinds of support to other business partners by resolving their queries
and maintain a high level of relationship.
 Cloud based Support Framework – With the implementation of cloud-based solutions
within their business areas, they store their financial records and other assets on the cloud
platform. They can update the details of their clients and their issues and hence provide
an enhanced form of delivery service to their clients (Yasrab 2018).