Managing financial period close in Tensoft SemiOps requires a clear understanding of how different types of dates are handled or used throughout the system. In this blog post, I’ll cover the three key dates you need to manage in SemiOps and how they impact your financial close and reporting. Transaction Date A transaction date 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 […]
How to Optimize Price lists in DemandOps for Sales and Revenue Tracking
Price lists in Tensoft DemandOps serve as the backbone of your sales transactions. They ensure that the correct prices are applied consistently across quotes and sales orders. Optimizing price lists in DemandOps is about creating a system that supports your sales strategy and simplifies operations. These price lists can be based on Internal Parts (used […]
ERP Built for Semiconductors: XMOS Finds the Perfect Fit with Tensoft SemiOps
You basically cover the whole flow from manufacturing all the way to shipping orders to our customers. Everything is tailor made, or custom made to the fabless or semiconductor companies demands or requirements. So, I think that’s a very, very good fit for the industry and for our company as well obviously.” – Sunny Suen, […]
Momentum: Tensoft’s Virtual User Conference Starts Next Week!
We’re thrilled to announce Momentum, Tensoft’s virtual user conference, designed exclusively for Tensoft customers! Whether you’re working with Tensoft SemiOps, DemandOps, Revenue Lens or Microsoft Dynamics 365 Business Central, this is your opportunity to supercharge your learning with insider tips, expert insights, and live demos. No matter your experience level, Momentum will empower you to […]
Everything You Always Wanted to Know About Manufacturing in the Semiconductor Industry
Semiconductor manufacturing stands apart as a unique process when you compare it to other manufacturing processes. From a systems perspective, production in most manufacturing industries is either discrete or process manufacturing – semiconductor manufacturing can be defined as process manufacturing with a discrete outcome. Here’s what I mean by that. The semiconductor manufacturing process is […]
Integrating Microsoft Dynamics 365 Sales with Tensoft DemandOps
Tensoft Cloud Platform is designed specifically for the semiconductor industry and it supports two primary business processes, quote to invoice and procure to pay. The quote to invoice is the sales order management process where you are selling products to end customers and expecting payments from them. Procure to pay is the manufacturing & inventory […]
Boost Audit Compliance with Shipping & Invoicing Date Controls in Tensoft
Last month, Tensoft introduced powerful new features like shipping date controls and invoice date limits to help businesses enforce transaction boundaries and meet audit requirements with ease. What Are Shipping and Invoice Date Controls? These new features allow organizations to define a fixed window of acceptable transaction dates for shipping and invoicing activities: Shipping Date […]
An Overview of Inventory Transfers in Tensoft SemiOps
In Tensoft SemiOps, there are three types of inventory transfers – regular transfer, issue and inventory disposition. Transfer: A transfer is used for transferring inventory from one location to another in either an available or quarantine status. Above is a screenshot of the transfer screen. Here you have the Transaction Date where you can select […]
Reporting with Power BI for Semiconductor Industry: Part II
Continuing the previous blog post on some of the standard reports in Power BI: Backlog vs Inventory: This gives you a snapshot of what’s available today and what your backlog is. On the left-hand side, you will see the Backlog $ by Item and Customer and on the far-right hand corner, you have Backlog Quantity […]