We recently had the opportunity to visit our friends from Cleo and talk to them about the effects Tensoft RRM has had in managing their complex revenue – more particularly, their deferred revenue. Before Tensoft RRM, Cleo had difficulties reporting their revenue and having the confidence behind the numbers they were reporting on spreadsheets, which stakeholders, auditors, and company executives felt were “choppy.” We spoke with Richard Gorman, the Director of Finance for Cleo, to see how their revenue management processes has changed and how they are now reporting their revenue. See the entire case study below:
Cleo Gets Confidence In Their Revenue Reports With Tensoft from Tensoft, Inc. on Vimeo.
For more information on Cleo, visit their website.
For more information about Tensoft or RRM (Revenue Recognition Management), visit our website or contact us.
– By Caprice Murray, Director of Marketing, Tensoft