As technologies advance, the semiconductor industry and its traditional business model face a myriad of ongoing complexities demanding an ever accelerating state of operational agility. The electronics and healthcare markets are experiencing unprecedented change through mass market consumerization and global adoption. For most chip companies, gone are the days of long run product cycles and […]
Upcoming Webcasts for Tensoft Customers
Tensoft believes in empowering its customers. So we host training webcasts on a regular basis to keep our customers and interested prospects updated with the latest product features and market trends. This quarter, Tensoft will be hosting an array of events on various topics of interest to our semiconductor, software and technology industry customers. We […]
Tensoft RCM 2018 is Available Now!
We are excited to announce that the next generation of Tensoft’s revenue recognition solution, Tensoft RCM 2018, has arrived and is available now! For Tensoft, its customer needs are of paramount importance. This major release is packed with new features and enhancements to help customers keep up with latest revenue standards and make their lives […]
The 3 Phases of Start-up Life Cycle
Continuing the topical thread we started in our previous blog post, all semiconductor, sensor, and module start-up’s traditionally experience three unique and interrelated stages in their growth journey to get to high volume: Pre-Ramp, Production Ramp and Production Breadth. The ability to successfully manage and navigate within and across each stage may best be addressed […]
How to Overcome Challenges to Scaling Production Ramp?
One of the biggest challenges faced by semiconductor and IoT operations and finance executives everywhere is scaling effectively and efficiently. As production ramps and organizational complexity increases, companies worldwide need to equip themselves early on to mitigate execution risks and the (albeit positive) chaos accompanying hockey stick growth. Tensoft recently hosted a webcast, ‘Challenges to […]
Working with High Tech Companies: A Case Study
William White, CTO and Co-founder of Tensoft, recently discussed what it is like working with a high tech companies. He references a Tensoft customer who was acquired by a larger company outside the US and explains how Tensoft was able assist the companies in making a seamless transition in less than four months. To hear […]
Customer Success Story: Tensoft Revenue Recognition Solution Helps eSentire Scale
We recently interviewed eSentire Senior Director of Finance, Aleksandra Baran, and Accounts Receivable Specialist, Sandra Stagg, at their office in Cambridge, Canada. Both Baran and Stagg are power users of Tensoft’s revenue recognition and contract management solution. They discussed eSentire’s move to Tensoft RCM, and how it has helped them with their revenue recognition, billing […]
Recurring Billing for the Subscription Model
A significant part of the business world prefers recurring revenue streams. Subscription companies starting today bake this into their business and product model from the start. Older companies are evaluating the right combination of services to provide their customers and the right billing models for the value delivered. Everyone needs to evaluate the nature of […]
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 […]
4 Principles of Revenue Recognition
As you probably know, revenue recognition can be a challenging process. With all of the changes that will be brought by ASC 606, it’s more important than ever to have a good grasp of the basics. To master those, there’s no better place to start than understanding the four principles of revenue recognition. Tensoft’s most […]