In the Semiconductor industry, quote management can be tricky. You need to consider the pricing, rebates, and design wins to manage the sales operations efficiently. Sometimes customers get discounts based off volume or it may be an introductory rate. Hence at the time of sale, they will not be paying the full retail price for […]
Benefits of Using Service Items in Tensoft DemandOps
Service items are useful to simplify the process of creating and invoicing orders for non-inventory items that need to be included in a Sales Order. These may be items like engineering services, warranty fees, prepayments and NRE’s. In Tensoft DemandOps, there is the functionality to flag a saleable part as a Service item and by […]
Five Key Benefits of Tensoft DemandOps
High-tech product companies that sell through a distribution-based model often require a demand management solution that captures and manages demand signals for the entire process from finished product to end-customer. Tensoft’s demand management solution, Tensoft DemandOps – a purpose-built SAAS application – delivers both. Of the many benefits that Tensoft DemandOps offers, here are five […]
Overview of Bookings, Billings and Backlog Reporting
Here is a quick overview of bookings, billings and backlog in Tensoft SemiOps and DemandOps: Bookings Booking is an order that is entered in DemandOps and any update to it is the booking change. The bookings are based off of sales order entry date. If you go into any order and click on the information […]
Quick Ship Functionality in Tensoft SemiOps
Below is a full transcript from our latest training video on the new quick ship functionality in Tensoft SemiOps. “In this demo, we will be going over the new quick ship functionality. The quick ship screen is going to be under the Shipment module in SemiOps. It’s going to be Quick Ship DO. So, when […]
Tensoft DemandOps: What Does It Do?
Here at Tensoft, we’re always trying to find new solutions to handle the industry-specific needs of our customers. One recent example of this is Tensoft DemandOps, which we built based on customer feedback to deliver industry-specific functionality for semiconductor sales operations. More broadly, it’s designed to meet the needs of companies who sell through extended […]
Reporting with Power BI for Semiconductor Industry: Part I
Microsoft has been named a leader in Gartner’s 2021 Magic Quadrant for Analytics and Business Intelligence Platforms for the 14th consecutive year. Being a long time Microsoft partner and a provider of Power BI services, we are thrilled with this announcement. Tensoft has infused its solutions with Microsoft Power BI – built a link in […]
Challenges to Managing Demand in a Distribution-based Model
If the customer on your sales order isn’t the end customer for your product(s), you may be a high tech company with a distribution-based demand model! While this is a great way to increase sales and revenue for your company, it can be challenging to manage your demand without the right processes and solutions in […]
New Features in Tensoft DemandOps
Last month, Tensoft hosted What’s new in DemandOps during Momentum, Tensoft’s online customer user conference. This session covered some of the new features and functionality in Tensoft DemandOps. Below are a few feature highlights from this popular session. Order Confirmation With the new order confirmation screen, a DemandOps user can send an automated order confirmation […]
Revenue Management Module in Tensoft DemandOps
In Tensoft DemandOps, we have created a brand-new revenue management module that includes currency conversion subscription, net revenue tracking options, revenue management API, etc. The following provides a brief overview of some of these features: Net Revenue Setup We realize that for accounting purposes sometimes you need to know what your actual revenue […]