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Why collections teams are shifting from โpay up, or elseโ
Most collections processes were designed for transactional, one-time payment businesses where the goal was to recover as much money as possible from products that were already shipped, or services that were already rendered. Essentially, you were shaking people down, hoping to get eighty cents on the dollar. But in a recurring revenue business, weโre talking about ongoing customer relationships. That traditional mindset is outdated, and puts your whole business at risk.
The Story of SOX, Part 3: Quality Control Comes to Accounting
When WorldComโs internal auditors uncovered a $3.8B fraud, they didnโt just expose a scandal โ they helped reshape U.S. financial controls. Hereโs how their courage changed everything.
The Story of SOX, Part 2: Enter the Ex-FBI Agent
Our celebration of accountants continues with the story of how the Sarbanes-Oxley Act of 2002 (SOX) became the law of the land and reshaped American business forever.
The Story of SOX, Part 1: Whoโs Watching the Watchmen?
Here at Subscribed Weekly, we've been recognizing the important role that accountants play as we've seen the Subscription Economy officially enter the โAge of Monetization.โ To celebrate accountants worldwide, including the bad-ass one in this movie, we thought we'd share a story of our own on one of the biggest moments in the accounting profession, if not the business world. Like โThe Accountant,โ itโs a story filled with intrigue and drama (but no assassins). We call it: The Story of SOX.
Why collections teams are shifting from โpay up, or elseโ
The Story of SOX, Part 3: Quality Control Comes to Accounting
The Story of SOX, Part 2: Enter the Ex-FBI Agent
The Story of SOX, Part 1: Whoโs Watching the Watchmen?
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