A question that we’re often asked is: “How do you estimate the anticipated ROI of an ERP system, and what methodology works best for this?” There are five main areas that should be evaluated to determine this: 1) IT costs, 2) productivity, 3) visibility, 4) risk, and, 5) audit and compliance impacts. Here are some […]
How to Compute & Post Revenue in Tensoft Revenue Lens
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 […]
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 […]
2023 GSA Annual Awards: Three Tensoft Customers Nominated
This month, Global Semiconductor Alliance (GSA) revealed the 2023 Annual Award nominees. We are proud to announce that three Tensoft customers, Astera Labs, SiFive, & one customer that wishes to remain anonymous, have been nominated this year. Astera Labs & SiFive are nominated for this year’s “Most Respected Private Semiconductor Company Award”. Congratulations to all […]