SaaS companies face some unique challenges in revenue recognition, especially under ASC 606. Manual processes and tools like spreadsheets often fall short and can’t handle the complexity and scale of modern SaaS operations. Here are six best practices to help you streamline revenue recognition using automated SaaS accounting software. Ensure Compliance with Revenue Recognition Standards […]
Integrating Microsoft Dynamics 365 Sales with Tensoft DemandOps
Tensoft Cloud Platform is designed specifically for the semiconductor industry and it supports two primary business processes, quote to invoice and procure to pay. The quote to invoice is the sales order management process where you are selling products to end customers and expecting payments from them. Procure to pay is the manufacturing & inventory […]
Boost Audit Compliance with Shipping & Invoicing Date Controls in Tensoft
Last month, Tensoft introduced powerful new features like shipping date controls and invoice date limits to help businesses enforce transaction boundaries and meet audit requirements with ease. What Are Shipping and Invoice Date Controls? These new features allow organizations to define a fixed window of acceptable transaction dates for shipping and invoicing activities: Shipping Date […]
An Overview of Inventory Transfers in Tensoft SemiOps
In Tensoft SemiOps, there are three types of inventory transfers – regular transfer, issue and inventory disposition. Transfer: A transfer is used for transferring inventory from one location to another in either an available or quarantine status. Above is a screenshot of the transfer screen. Here you have the Transaction Date where you can select […]
Reporting with Power BI for Semiconductor Industry: Part II
Continuing the previous blog post on some of the standard reports in Power BI: Backlog vs Inventory: This gives you a snapshot of what’s available today and what your backlog is. On the left-hand side, you will see the Backlog $ by Item and Customer and on the far-right hand corner, you have Backlog Quantity […]
Top 5 Reasons to Choose Tensoft Revenue Lens for Automated Revenue Recognition
In today’s fast-paced business environment, finance teams are under increasing pressure to close the books faster, reduce errors, and deliver real-time insights. Traditional tools like Excel often fall short when it comes to managing complex revenue recognition and billing processes. That’s where Tensoft Revenue Lens comes in. Here are the top five reasons why you […]
Reporting with Power BI for Semiconductor Industry: Part I
Microsoft has been named a leader in Gartner’s 2025 Magic Quadrant for Analytics and Business Intelligence Platforms for the 18th 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 […]
How Supplier Integrations in Tensoft SemiOps Automate Chip or Wafer Probe
At Tensoft, customer feedback is one of the key drivers of our product roadmap. We regularly gather feedback from customers and develop features/enhancements based on their industry specific needs. A recent example of this is setting up supplier integrations in Tensoft SemiOps to automate chip or wafer probe. Traditionally, suppliers treat the wafer and probe […]
What’s New in Tensoft Revenue Lens
Tensoft is excited to bring you the new release of its revenue recognition and contract management solution. With this new release, we’ve added a few new features to streamline processes and ensure financial clarity. Contacts You can now create Contacts for your customers and categorize them using contact types. We’ve also introduced a new business […]
Why You Need an ERP Partner, Not an ERP Vendor
When you make a decision to purchase an ERP system, you’ll almost certainly also be making a decision on an implementation solution provider as well. Some companies define the relationship with their solution provider as a customer/vendor relationship – a relatively adversarial relationship where the vendor must be closely managed and their “feet must be […]