Revenue recognition – and the finance team that applies it – often ends up being the bane of creative sales deals, seen as cramping the sales department’s ability to maximize the amount of money that they bring in the door. This is the natural result of the very different goals of finance and sales. Finance […]
Tensoft SemiOps Feature Highlight: Production Release Workflow
In our Momentum Conference, we covered some of the new features and enhancements in Tensoft fabless semiconductor management software, Tensoft SemiOps. These features and enhancements help improve productivity, making life easier for our customers. One feature that had significant enhancements in the latest release was the Production Release Workflow. This is an approval system that […]
Tensoft SemiOps: A Solid Semiconductor Operations Management Platform
From operations management to scalability, hear how Tensoft SemiOps helped Efficient Power Conversion, a GaN semiconductor company based in California. Massimo Marabotti, the CFO of EPC, recently joined us for video interview to share how Tensoft SemiOps fits their business model well. Watch the case study video or read the transcript below: “My name is […]
Answers to Your ERP Selection and Implementation Questions
Today’s blog features a Q&A session with Tensoft’s ERP implementation expert. 1. What factors typically drive the decision to implement to a new accounting or ERP solution? Several factors can be involved at any one company. I’d say that the need to support growth and change tops the “short list’ of reasons that companies decide […]
Three Tensoft Customers Nominated as Award Finalists for GSA
The Global Semiconductor Alliance (GSA) has announced its 2022 award nominees. We are delighted to announce that three Tensoft customers have been nominated as award finalists. Tensoft customers, Astera Labs and SiFive, have been nominated for ‘Most Respected Private Semiconductor Company’, and the third one, Kandou, is nominated for ‘Outstanding EMEA Semiconductor Company’. We would […]
Introduction to How Tensoft SemiOps Handles Shipping
The ability to ship product on-time and correctly is a critical aspect of our semiconductor companies’ success. However, this often gets short shrift during initial conversations with prospective Tensoft customers, for whatever reason. (My guess is that this is at least partially due to the fact that Operations and/or Finance teams usually lead searches for […]
How to Manage Your Complex Billing and Subscription Needs
Are you looking for a solution that captures all your contract billings in one place and manages it per its customer agreement? Do you need functionality to handle your various billing models including recurring billing, milestone billing and usage billing? Then Tensoft Revenue Lens might be perfect for you! This family of cloud applications includes […]
Don’t Sweat the Big Stuff – Master the Routine ERP Implementation Play
Author and professor Jared Diamond published an essay in The New York Times some time ago called “That Daily Shower Can Be a Killer.” In this essay, Diamond argues “the importance of being attentive to hazards that carry a low risk each time but are encountered frequently.” He points out that Americans do the opposite […]
The Trick to Supporting a Semiconductor Startup Ramp
As anyone familiar with the semiconductor industry knows, there’s a lot of variation in what semiconductor design-based organizations make. Tensoft’s customers include companies that make silicon and compound integrated circuits, MEMS devices, LED, RF, solid state, and solar technologies. All of these need to manage global production across multiple vendors. And, they also need to […]
Planning an ERP Implementation or Upgrade? Read This First!
Q: What motivates companies to implement to a new ERP system? Murray: There are several common reasons that drive companies to implement a new ERP system. The primary reason is to support growth and increased operations. Another motivator can be that their current applications have limited reporting capabilities and management tools. Some early-stage companies are […]