Subscription billing management isn’t easy – no question about it. The subscription model is about building, optimizing, marketing and selling packaged offerings. It’s repeatable and it’s often high velocity. These packages may have some components that create some complexity to the billing process – maybe a bundle of services, or some offerings may be usage-based […]
How to Manage Your Complex Billing and Subscription Needs
Are you looking for a solution that captures all your contract billings in one place and manages it per its customer agreement? Do you need functionality to handle your various billing models including recurring billing, milestone billing and usage billing? Then Tensoft Revenue Lens might be perfect for you! This family of cloud applications includes […]
Contract Billing – What’s the Big Deal?
We recently spoke with the Revenue Manager of a mid-market information technology and services company about their revenue recognition process. Her company sells hardware, software, services, and support, in various combinations. These may be sold directly through the channel and on an e-commerce platform. Each of their sales orders has many moving parts including billing […]
Need Revenue Recognition Quickly? Check Out Tensoft’s Express Solution
As an established cloud revenue recognition application provider for omni-channel software and technology companies, Tensoft understands that the needs of emerging start-ups and mid-sized companies are not always very different from that of larger companies. In fact, smaller software and technology enterprises often have the operational complexities of much larger companies. A key difference, however, […]
Top 10 Tensoft Blog Posts of 2020
Happy Holidays! I think one thing we all can agree on is that 2020 has been a crazy year – unexpected to say the least. As we navigate through these unprecedented times, here a few tips that can help in your journey of SaaS and ERP applications in the semiconductor and software industries. At the […]
Tensoft RCM 2018 is Available Now!
We are excited to announce that the next generation of Tensoft’s revenue recognition solution, Tensoft RCM 2018, has arrived and is available now! For Tensoft, its customer needs are of paramount importance. This major release is packed with new features and enhancements to help customers keep up with latest revenue standards and make their lives […]
Customer Success Story: Tensoft Revenue Recognition Solution Helps eSentire Scale
We recently interviewed eSentire Senior Director of Finance, Aleksandra Baran, and Accounts Receivable Specialist, Sandra Stagg, at their office in Cambridge, Canada. Both Baran and Stagg are power users of Tensoft’s revenue recognition and contract management solution. They discussed eSentire’s move to Tensoft RCM, and how it has helped them with their revenue recognition, billing […]
Tensoft RCM: New Feature Highlights
Tensoft recently released Feature Pack 3 for its revenue, billing and contract management solution, Tensoft RCM 2015. This release provides a number of new features requested by Tensoft customers, and is available both to new and existing Tensoft RCM customers now. In this blog post, I’ll describe a few of the new features that should […]
How to Prevent Revenue Leakage
What is revenue leakage and why should you care about it? Revenue leakage is simply the result of lost invoicing/billing opportunities. This may occur either because billable time wasn’t tracked and reported efficiently or because someone forgot to invoice the customer per the terms of the agreement. The problem with missing opportunities for billing is […]
A Tensoft Customer Billing Management (CBM) Success Story
Here at Tensoft, we just happen to have many of the same business system needs as our customers, including a need for complex billing support. That’s understandable since Tensoft is a software company, as are many of our customers. And, in addition to developing and selling our software, we provide cloud, implementation and support services […]