Tensoft is offering a new two day online course titled: Revenue Recognition for Technology Companies. This course will be led by revenue recognition expert Jeffrey Werner May 13 & May 15 9:30 AM to 12:30 PM. He will cover multiple topics during these two days and those who attend will be eligible for CPE credits. […]
Revised ASC 606 Effective Date: What Will You Do With the Extra Time?
I’m sure many people breathed a sigh of relief last month when the FASB agreed to postpone the effective date of ASC 606 by one year for both public and private companies. It was becoming increasing clear that the scope of the change was going to require more time for companies to implement, both big […]
Does the FASB’s Delay on ASC 606 Spell Relief?
As I am sure many of you are well aware, FASB recently proposed a one year deferral for the new revenue recognition standard, ASC 606. Even though these changes are now a little further away and many companies seem to breathing a sigh of relief, it would be a mistake to procrastinate. The results of […]
What’s It Like to Work at Tensoft?
Working at Tensoft is a very unique experience. We have a very supportive team that works together to stay up to date on new technology trends in the industry so that we can keep our customers informed. In the video below William White, CTO and Co-founder, shared some of his thoughts on what working at […]
Tensoft’s Philosophy on Customer Support
Here at Tensoft we believe it is important to put the customer first. This is especially true when it comes to customer support. In the video below William White, CTO and co-founder of Tensoft, explains how customer support is handled at Tensoft and why the team places such a large emphasis on it. To hear […]
Microsoft Convergence – Who Knew It Would Be This Great?
I know, I know – that Microsoft Convergence is a really great, worthwhile experience shouldn’t be news to me. After all, Tensoft is a Microsoft Dynamics ERP re-seller and we use a lot of their business productivity tools in-house. But I’ve been on the Worldwide Partner Conference detail for the last few years, and this […]
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 […]
“Revenue Recognition for Services and Contract” Webcast Recap
On February 24 Jeffrey Werner, a Silicon Valley software revenue recognition expert and lecturer, presented a complimentary webcast on “Revenue Recognition for Services and Contract.” If you missed this opportunity you can watch the recording here or click here to download the slides. In the video below Jeffrey provides an overview of the information covered […]
Cleo Gains Confidence Managing Their Revenue With Tensoft
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 […]
Tensoft RRM Helped Improve Our Own Accounting Processes
Along with helping improve the revenue processes of our customers, Tensoft Revenue Recognition Management (RRM) has also helped our own accounting team by streamlining our revenue processes. Watch this short video as Tensoft Controller, Dan Berube, explains how Tensoft RRM makes his job easier. From saving time on month-end closes, or having visibility on all […]