Tensoft has been located in Silicon Valley for many years, and over time I have observed the development of this hub of technology companies. Despite growing costs, Silicon Valley has remained the central location for high tech for many reasons, including the mobility of information, funding, support systems, people, and culture. However, for a variety […]
The Release of Dynamics 365: Are the Pieces Coming Together?
In a 2015 blog post, I wrote about the announcement by Satya Nadella about his intention and strategic plan to move the company to “One Microsoft.” Since then, Microsoft has been taking a series of steps to leverage their entire solution stack to deliver maximum benefits for its ERP users. On November 1, Microsoft made […]
Supply Chain Optimization – What Is It?
This is the first in a series of blogs on supply chain optimization. There are a number of definitions for supply chain optimization. Our perspective is a broad definition, where the goal of supply chain optimization is to maximize revenue and/or product margins by building the right thing at the right time for the right […]
How to Measure the Return on Investment (ROI) of an ERP Implementation with Infographic
A question that we’re often asked is: “How do you estimate the anticipated ROI of an ERP system, and what methodology works best for this?” There are five main areas that should be evaluated to determine this: 1) IT costs, 2) productivity, 3) visibility, 4) risk, and, 5) audit and compliance impacts. Here are some […]
An Introduction to Standard Costing in the Technology Industry
[The following is a partial transcription of the beginning of a recorded Tensoft FSM training webcast, which is available to anyone who’s interested – see video here.] “While semiconductor manufacturing is a process, it also has fixed outcomes, which makes it unique. So it’s not really process manufacturing like food, oil and gas, or paint […]
How to Prevent Revenue Leakage
What is revenue leakage and why should you care about it? Revenue leakage is simply the result of lost invoicing/billing opportunities. This may occur either because billable time wasn’t tracked and reported efficiently or because someone forgot to invoice the customer per the terms of the agreement. The problem with missing opportunities for billing is […]
Microsoft’s ERP and CRM Re-Org: What Will the Impact Be?
Microsoft announced their annual re-org last week that included a repositioning of Microsoft Dynamics business unit within the organization. The previous Microsoft Dynamics leader, Kirill Tatarinov, will be departing the organization – part of both changing how products are managed and a continued move to the newer business models. I don’t think anyone in the […]
Does the FASB’s Delay on ASC 606 Spell Relief?
As I am sure many of you are well aware, FASB recently proposed a one year deferral for the new revenue recognition standard, ASC 606. Even though these changes are now a little further away and many companies seem to breathing a sigh of relief, it would be a mistake to procrastinate. The results of […]