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 […]
Tensoft EDI Integrations: How Does It Work?
Tensoft’s customers sometimes require EDI integration as part of their overall ERP/supply chain system. (EDI is Electronic Data Interchange – a B2B standard that has been in place for a long time.) Some Tensoft customers require automated creation of sales orders and invoicing using EDI to deal with their customers. This is particularly useful in […]
Using Excel for Revenue Recognition Tracking?
Excel spreadsheets play a big part in how many companies do business, especially in accounting and finance departments. However, using spreadsheets for critical processes in your business can be risky. Watch this short video by Tensoft’s Customercare Manager, Anne Phan, to see some of the risks you should be aware of when you use spreadsheets […]
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 […]
Does Tensoft SemiOps Integrate with NetSuite?
Over the years we have integrated Tensoft’s fabless semiconductor management solution with a variety of mid-market cloud systems. From SAP to NetSuite to Oracle to Sage/Intacct, we have done it all! In this blog post, I’ll give you a glimpse of our integration process with NetSuite. NetSuite’s Advanced Financials module is the recipient of data […]
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 […]
Reporting in Tensoft SemiOps
Reporting is a key aspect of any application. Tensoft recently hosted a webcast on some of the different ways of getting information and data reports out of Tensoft SemiOps. During this session, I covered several different report types and provided a basic review of the data elements, as well as a demo. Below is a […]
Managing the Requirements for Multinational Operations at Start-ups and Smaller Companies
Tensoft has been located in Silicon Valley for many years, and over time I have observed the development of this hub of technology companies. Despite growing costs, Silicon Valley has remained the central location for high tech for many reasons, including the mobility of information, funding, support systems, people, and culture. However, for a variety […]
Standard vs Actual Cost: Choosing the Best Method in the Semiconductor Industry
Within the fabless semiconductor industry the standard cost approach is usually the norm, but some still argue for the use of actual cost. In reality, actual cost methods – such as specific identification, moving average, FIFO, and LIFO – are less able to deal with the complexities of the semiconductor industry. Actual cost is a […]
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 […]