During Momentum, Tensoft’s annual user conference, I presented a session on Bundles and Fair Value Allocation in Tensoft Revenue Lens, including key considerations from ASC 606 Revenue Recognition guidance related to allocating the value of customer contracts across performance obligations. Many companies bundle multiple performance obligations, such as software, support, professional services, or other offerings, […]
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 […]
Invoicing and Managing Contracts in Tensoft Revenue Lens
Once a contract is created in Tensoft Revenue Lens, you can invoice contract lines. You can either do bulk invoicing across all unbilled lines within a date range or you can filter on specific customers or contracts. In this demo, the first of three invoices is ready to be billed. The invoice is selected […]
How to Create Contracts in Tensoft Revenue Lens
Creating a contract in Tensoft Revenue Lens is designed to be flexible, depending on how many contracts you’re working with and how you prefer to enter data. Broadly, there are three ways to create a contract, and each approach serves a different use case. Let’s walk through how contract creation works, starting with the most […]
Momentum 2026: Join Tensoft’s Virtual Customer Conference This May
Momentum is back this May, bringing focused, expert‑led sessions designed to help Tensoft customers get more value from their solutions. What Is Momentum? Momentum is Tensoft’s virtual customer user conference, designed to help customers stay up to date on product enhancements, integrations, and best practices across the Tensoft product portfolio. The event will take place […]
Value of Workbench in Tensoft Revenue Lens
The workbench in Revenue Lens is a landing spot where all incoming documents come to be processed. They can come from an API or an Excel upload, or we can create a manual document directly into the workbench. You may want integrations to work perfectly, but you don’t build a system for perfection. You build […]
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 […]
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 […]
Semiconductor Industry Revenue and Variable Consideration
Semiconductor Industry Revenue The value chain in the Semiconductor Industry can have companies selling directly to end customers for their products, or through distribution and contract manufacturing channels to reach your end customer. When you are selling through an extended value chain the end price for the product sold may not be known at […]
Best Practices for SaaS Revenue Recognition: Tools, Automation, and ASC 606 Compliance
SaaS companies face some unique challenges in revenue recognition, especially under ASC 606. Manual processes and tools like spreadsheets often fall short and can’t handle the complexity and scale of modern SaaS operations. Here are six best practices to help you streamline revenue recognition using automated SaaS accounting software. Ensure Compliance with Revenue Recognition Standards […]
