SAN JOSE, CA- July 16, 2018 – Tensoft Inc. www.tensoft.com, the first Cloud revenue recognition applications provider for omni-channel software and technology companies, today announced that Tensoft RCM has been re-named Tensoft Revenue Lens. The company had previously marketed and sold the SaaS version of Tensoft RCM as Novadek Revenue Lens.
This change reflects more than just a rebranding effort – it is part of the company’s strategic plan to offer only SaaS versions of its products going forward. Although Tensoft will continue to support its Tensoft RCM customers who own the on-premise version, the company will only market and sell Tensoft Revenue Lens – the SaaS version – to new customers.
“Tensoft has been developing cloud applications for over fifteen years, and we’ve seen market acceptance of this delivery option grow exponentially, especially in the last five years,” said Tensoft CEO and co-founder Bob Scarborough. “It’s become a rarity that our customers want to buy on-premise licenses, deploy – and support – them on their own servers, and be faced with the expense and trouble of upgrades and maintenance. Because of this, it makes sense for us to concentrate on supporting a 100% SaaS development, sales and support model now.”
To learn more about Tensoft Revenue Lens, please visit the relevant product pages of our website, or contact Tensoft directly at marketing@tensoft.com or (888) 450-4030 x406. Existing Tensoft RCM customers can contact customercare@tensoft.com if they have any questions.
About Tensoft
Tensoft provides business management applications to automate industry-specific lifecycle processes for the semiconductor, technology and software industries. Tensoft’s business-ready solutions extend broad, horizontal ERP functionality to complete the most vertically demanding, high-tech needs through critically relevant content, domain expertise, embedded best practices and performance analytics. For over 20 years, technology companies worldwide have relied on Tensoft software and cloud-based services to power and improve their operations. Tensoft is headquartered in Silicon Valley with sales and support offices throughout the U.S., Europe and Asia. For more information, go to www.tensoft.com or call (888) 450-4030 x406.