Today’s blog features a Q&A session with Tensoft’s Director of Business Operations, Dan Berube . 1. What factors typically drive the decision to implement to a new accounting or ERP solution? Several factors can be involved at any one company. I’d say that the need to support growth and change tops the “short list’ of […]
Tensoft’s 10th Annual Momentum Starts Off with a Bang
Tensoft Fabless Semiconductor Management (FSM) customers from Asia, Europe and high tech centers around the US converged yesterday for the first day of Momentum 2015. After the morning kick-off meeting, we heard from three Tensoft customers – both in finance and operations – who shared their experience and accumulated wisdom as Tensoft FSM users. Then […]
How to Prevent Revenue Leakage
What is revenue leakage and why should you care about it? Revenue leakage is simply the result of lost invoicing/billing opportunities. This may occur either because billable time wasn’t tracked and reported efficiently or because someone forgot to invoice the customer per the terms of the agreement. The problem with missing opportunities for billing is […]
Revenue Recognition Two Day Online Training
On Tuesday, August 25 and Thursday, August 27, from 9 AM to 12:30 PM, I’ll be teaching an informative online training course on the New Revenue Recognition Standard. Tensoft will be hosting this event, which we provide to the public for an outstanding value. Anyone interested in this topic – or any accountants who are seeking […]
My Internship Experience at Tensoft
Having worked with Tensoft for last few months, I think now is the perfect time to reflect back and share my internship experience with everyone. It has been a rewarding experience and still continues to be. This opportunity has allowed me to apply my theoretical knowledge and gain valuable real-life practical experience. It has not […]
Prioritizing Product Innovation and Customer Acquisition
Prioritizing product innovation is a central goal at Tensoft, something we review as part of our strategic goals to build our company. Customer acquisition is also critical to our growth – and there are definitely times when the development team focus is guided to customer specific initiatives. The bigger truth is , to ensure Tensoft’s […]
Top 10 Reasons To Attend Momentum 2015
The 10th Annual Tensoft FSM User Conference is right around the corner! Momentum 2015 is expected to be even better than last year. So we thought everyone might enjoy an infographic of the top ten reasons why you should attend Momentum. For those of you who haven’t signed up yet, we hope that these top […]
How Revenue Recognition Can Help Align Sales and Finance (Instead of Pitting Them Against Each Other in a Spiral of Death)
Revenue recognition – and the finance team that applies it – often ends up being the bane of creative sales deals, seen as cramping the sales department’s ability to maximize the amount of money that they bring in the door. This is the natural result of the very different goals of finance and sales. Finance […]
Microsoft’s ERP and CRM Re-Org: What Will the Impact Be?
Microsoft announced their annual re-org last week that included a repositioning of Microsoft Dynamics business unit within the organization. The previous Microsoft Dynamics leader, Kirill Tatarinov, will be departing the organization – part of both changing how products are managed and a continued move to the newer business models. I don’t think anyone in the […]
The New Revenue Recognition Standard Q&A
Tensoft hosted another installment of our free revenue recognition series on June 16, and I presented on the topic of “The New Revenue Recognition Standard.” We covered both background information about this topic, as well as the most recent developments in the new standard. If you missed it, you can view the recorded session, at […]