Month end revenue recognition is straightforward with Revenue Lens. Your sales have been transformed into revenue agreements. Computing and recognizing revenue is fast and accurate. Tensoft Revenue Lens simplifies revenue recognition and reporting. It automates your revenue recognition process and makes it as easy as “Compute, Post, Report”. With the APIs, you can use any […]
How to Onboard Documents into Tensoft Revenue Lens
Adding Tensoft Revenue Lens to your financial systems requires two tasks. The first task is to set up our application. The second task is to bring your sales into Revenue Lens. The ideal is to capture the sales data where it occurs and to move that into Revenue Lens. Your sales may happen online, or […]
A Quick Overview of Tensoft Revenue Lens
Subscription companies, companies with deferred revenue, usually start by managing revenue in Excel. Revenue recognition in a spreadsheet makes sense when you are a small company because it’s a small data set, material, less revenue going through the system and fewer transactions. When your company starts growing revenue management gets complicated. Sometimes the challenge is […]
Schedule Management in Tensoft SemiOps
Scheduling is the process of assigning commit dates or planned ship dates to backlog lines. Tensoft SemiOps streamlines the schedule management processes and integrates with planning and backlog. The Sales Operations can enter the orders including the customer request date for each line to be shipped and the Operations team, supported by the production plan […]
Introduction to Tensoft Power BI Dashboard
Tensoft Power BI Dashboard pulls data from Tensoft SemiOps and DemandOps, and generates interactive and meaningful reports to provide great insights into your data. There are more than 15+ standard reports available, covering everything from- Bookings by Schedules Backlog Shipments Inventory Backlog vs Inventory vs Commit WIP Cycle Time IBOM Flow And much more… The […]
Navitas Semiconductor Finds Tensoft SemiOps Perfect for Operations and Supply Chain Management
When Navitas Semiconductor, a publicly listed next-generation power-semiconductor company based in California, needed a scalable solution to manage their inventory and support their product ramp, they chose Tensoft SemiOps. Watch this video case study to learn how Tensoft SemiOps supported their unique supply chain needs and streamlined their internal processes. Video Transcript: Todd Glickman, Senior […]
A Look at Three Phases in the Life of a Semiconductor Company
Continuing a thread started in a previous blog post, let’s look at the stages that Tensoft’s semiconductor, sensor, and module start-up customers typically experience. These stages can be characterized as pre-ramp, production ramp and production breadth. The ability to successfully navigate each stage requires a clear understanding of the industry issues and drivers inherent in […]
Enhanced Invoicing Capabilities in Tensoft DemandOps
As a global semiconductor company, you may need to adapt to changing business practices around the globe. With the recent release of Tensoft DemandOps, we have expanded our invoicing capabilities to allow for the creation of different templates so that you can invoice using the applicable template. For example- if you are shipping from a […]
Tensoft: 2023 Year in Review
With Tensoft Blog, we provide you insights to make your semiconductor supply chain and revenue management journey easy. Another year has flown by, and we are proud of what we have accomplished this year. The key trends that dominated Tensoft blog this year were new product features, reporting, Tensoft integration to other ERP systems, manufacturing […]
Revenue Recognition: Five-Step Model
We all know that the new revenue recognition standard’s rules are in effect for the public companies. So how do the Tensoft revenue recognition solution fits into this new model? Tensoft Revenue Lens, is equipped to handle the variable consideration and contract modifications through the ability to update transaction price of the contract when estimates […]