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 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 […]
Five Key Benefits of Tensoft DemandOps
High-tech product companies that sell through a distribution-based model often require a demand management solution that captures and manages demand signals for the entire process from finished product to end-customer. Tensoft’s demand management solution, Tensoft DemandOps – a purpose-built SAAS application – delivers both. Of the many benefits that Tensoft DemandOps offers, here are five […]
Tensoft Revenue Lens in 2 Minutes
Tensoft Revenue Lens can help your company get rid of lack of visibility over your contract statuses, prepare your revenue reports for audit visits, and ditch the error-prone spreadsheets. With Tensoft Revenue Lens, your company can enjoy smoother processes, less errors, and better revenue reporting. For a quick overview of Tensoft Revenue Lens, we’ve created […]
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, […]
SMB With “Big Data” Challenges? You’re Not Alone
If you’re an SMB (Small and Medium sized Business) with “big data” challenges, you’re probably like many of Tensoft’s customers – trying to find key and actionable information in a sea of data. You have sales information, customer information, inventory information, revenue information, details about customer contracts and future billings. But wait a minute, you’re […]
OrthoFi Manages Complex Revenue Recognition with Tensoft
OrthoFi, a tech enabled service for orthodontic practices based in Denver, Colorado, needed a trusted solution to manage their complex revenue recognition system. After evaluating both, internal and external options, they decided to implement Tensoft Revenue Lens. Anne Richard, the Controller at OrthoFi, joined us for a video interview to share their experience with Tensoft […]
Revenue Management Module in Tensoft DemandOps
In Tensoft DemandOps, we have created a brand-new revenue management module that includes currency conversion subscription, net revenue tracking options, revenue management API, etc. The following provides a brief overview of some of these features: Net Revenue Setup We realize that for accounting purposes sometimes you need to know what your actual revenue […]
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 […]
Recurring Billing for the Subscription Model
A significant part of the business world prefers recurring revenue streams. Subscription companies starting today bake this into their business and product model from the start. Older companies are evaluating the right combination of services to provide their customers and the right billing models for the value delivered. Everyone needs to evaluate the nature of […]