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Ohad Samit

πŸ‘€ Speaker
196 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Oh, no, no, no.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

We're being used by, we have Upwork that's doing services.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

They use us.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

We have Yelp.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Okay, let's do Upwork.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

So on Upwork, you can contract contractors to do work for you, coding, writing, all kinds of stuff like that.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

A lot of the payment on Upwork is postpaid.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

So you get the deal, you get the work, and then…

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

You're supposed to pay for it.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

And then either you charge back on your payment or your card is expired and you actually don't make the payment and you disappear.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

And you owe Upwork $100, $500, $3,000.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

This thing happens all the time.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

And then Upwork tries to reach you for a few weeks.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

And then after a while, if it doesn't work, they turn to us and they say, listen, this person owes us money.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Go try to reach them.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Go create a relationship with them and try to see why they're not paying and try to get

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

try to get us paid.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

First step is to understand why didn't you pay?

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

I mean, sometimes it's a financial difficulty.

SaaS Interviews with CEOs, Startups, Founders
1515 TrueAccord Passes $10m in Revenue Helping Banks Recover $40m+ in Defaulted Payments Over last 12 months

Sometimes it's a contract disagreement.