During a Tensoft webcast entitled “Revenue Recognition Accounting for Software as a Service (SaaS)”, guest presenter Jeffrey Werner was asked the following question: How are you seeing the “Best Estimated Selling Price” working in practice, especially where there is no pricing history and management doesn’t establish firm pricing methodologies? Should we just bundle everything together […]
Planning an ERP Implementation or Upgrade? Read This First!
NOTE FROM THE TENSOFT TECH COMPANY OBSERVER EDITOR: We recently caught up with Tensoft’s busy Director of Business Operations, Dan Berube, for a brief interview on the topic of ERP implementations and upgrades. Dan has a proven track record for designing and implementing workable business systems and processes, and is an expert advisor on postmodern […]
RCM Training Webinar: Understanding the Revenue Agreement Management Function
On December 18th at 11.00 am, Tensoft will be hosting exclusive RCM training webinar open to all our valuable customers. This informative webinar will focus on “Understanding the Revenue Agreement Management Function” and will be presented by Tensoft Controller Dan Berube. To register, click on the tab below. Along with the review of function, the […]
Answers to Your ERP Selection and Implementation and Questions
Today’s blog features a Q&A session with Tensoft’s Director of Business Operations, Dan Berube . 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 […]
Successful ERP System Implementations
There are several reasons why companies decide to implement new ERP application, but regardless the reason, it is important to thoroughly plan and prepare for the ERP implementation or upgrade. There are some important steps that must be taken both before and after the ERP application is applied to ensure its success. After the implementation, […]
Revised ASC 606 Effective Date: What Will You Do With the Extra Time?
I’m sure many people breathed a sigh of relief last month when the FASB agreed to postpone the effective date of ASC 606 by one year for both public and private companies. It was becoming increasing clear that the scope of the change was going to require more time for companies to implement, both big […]
Tensoft RRM Helped Improve Our Own Accounting Processes
Along with helping improve the revenue processes of our customers, Tensoft Revenue Recognition Management (RRM) has also helped our own accounting team by streamlining our revenue processes. Watch this short video as Tensoft Controller, Dan Berube, explains how Tensoft RRM makes his job easier. From saving time on month-end closes, or having visibility on all […]