Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Ohad Samit

๐Ÿ‘ค 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

They didn't like the service.

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

And there's a little bit of a dance around it to get them to say, okay, I know I owe this.

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

This is why I didn't pay.

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

This is what I can do.

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 getting them to pay.

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

And because we're expert in doing that and doing that in a machine learning based, digital first friendly approach, that's why all of these SaaS companies, all of these services companies like to use us versus

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

you know, traditional phone-based collection agency.

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

Well, this is a contract dispute, right?

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

At the end of the day, you agreed to your contract and you agreed to work.

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

And if you have an employee that does a bad job and they're employed with you, you don't say, well, I'm not going to pay you this month because I didn't like what you did.

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

You may fire them.

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

But you're not going to withhold the salary that you agreed to pay them.

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

Right.

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

But then again, if you committed to say, well, 10 hours of work, I'm going to pay you five up front.

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 going to do five more.

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

And I'm going to see what you come up with.

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

You can absolutely fire the person after 10 hours.

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

but you're not going to withhold their payment for the first 10 hours.

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

Well, because at the end of the day, you make an argument.

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

The person makes a counter argument.