Last week, PwC hosted its “Spring 2018 Revenue Recognition Bootcamp,” a bi-annual event held here in Silicon Valley. Tensoft COO, Dan Berube, and I have been taking turns attending, and have found it to be an invaluable way to keep up with all of the changes to both the revenue recognition standards and how these […]
How to Modify Existing Revenue Agreements
In one of my previous blog posts, I mentioned an upcoming feature in Tensoft’s revenue recognition solution with regards to revenue agreements. Well, this much awaited version update is now part of the new Feature Pack release (2018 FP1) for Tensoft Revenue Lens, along with other new enhancements. With our latest release, we offer the […]
4 Principles of Revenue Recognition
As you probably know, revenue recognition can be a challenging process. With all of the changes that will be brought by ASC 606, it’s more important than ever to have a good grasp of the basics. To master those, there’s no better place to start than understanding the four principles of revenue recognition. Tensoft’s most […]