SAN JOSE, CA – January 7, 2009 — Tensoft, a leading end-to-end ERP and supply chain solution provider for the high tech industry, expanded its line of revenue enhancement solutions today with the announcement of the Revenue Cycle Management (RCM) family of products. Each of the three solutions is designed for companies with specific, challenging revenue management needs. All three versions improve the efficiency and accuracy of multifaceted revenue models, increasing visibility into revenue drivers. Management of complex customer contracts and billing is streamlined, using fully auditable and traceable processes. The RCM family of products includes:
Tensoft Revenue Cycle Management (RCM) Suite is designed for software and other high tech firms that have highly complex revenue and/or billing needs. Sophisticated sell-to or sell-through models, complex contractual billing arrangements, compliance-dictated revenue recognition models, and revenue or billing complexity are all managed by the Tensoft RCM Suite. It is a strong fit for companies that utilize enterprise license models, royalty or OEM contract management, complex billing driven by usage and sophisticated pricing terms, large account business management needs or high-level models such as those by the online gaming industry.
Tensoft Revenue and Deferral Management (RDM) supports sophisticated revenue management from the invoice forward for software or high tech companies that provide internet-based subscriptions or services, or which have an external system to manage billing. The solution targets web advertising or services companies that have sophisticated customer account management built into their web presence, as well as product-based companies that need to segment revenue streams or manage revenue timing.
Tensoft Revenue and Deferral Management for Distribution Channels (RDM/D) is designed for companies that sell through distribution channels, such as electronic component manufacturers and other companies that leverage distributors and point-of-sale (POS) data. RDM/D’s distributor contracts management, POS data integration, rebate management and insight into channel sales to end customers are invaluable for streamlined, transparent, and effective revenue management.
“Tensoft’s RCM family of products has been designed to support technology companies’ most critical and complex needs regarding revenue, billing, and contract management,” said Caprice Murray, Tensoft’s Director of Sales and Marketing. “Combined with the core financial and reporting capabilities of Microsoft Dynamics GP, Tensoft RCM Suite, RDM and RDM/D provide one central location – and one integrated system – which automates a company’s lifecycle business processes such as billing and contract renewals, as well as revenue recognition and management. No other company offers such an elegant, streamlined revenue cycle management solution.”
Tensoft RCM Suite, RDM or RDM/D can be purchased directly from Tensoft, or through select Microsoft Dynamics GP partners. For more product details, go to Tensoft RCM.
About Tensoft
Tensoft, Inc. specializes in innovative, end-to-end ERP and supply chain solutions for the semiconductor, high tech and software industries. Founded in 1996, Tensoft delivers results tailored specifically to each customer’s needs. The company sells its products directly to customers and partners with established firms in the U.S., Canada, and Europe to re-sell and provide local support for its products. For more information, go to www.tensoft.com or call (888) 450-4030 X406.