Tensoft-written white papers delve into a host of industry topics and issues. Take a look to expand your knowledge and learn more about Tensoft issues and answers:
Revenue, Billing & Contract Management
Technology companies often have complex regulatory compliance and business process issues related to revenue recognition. Given the importance of accurate and credible revenue, many companies use a combination of business process steps and software solutions to help consistently and accurately recognize revenue. The purpose of this paper is to discuss important considerations for your business process and software deployment to most effectively recognize revenue.
This paper starts with an overview of revenue for technology companies, proposes a framework to organize your needed company processes, considers process change requirements for revenue recognition, and then proposes important considerations when you implement any software solution for revenue recognition. It is co-authored by Tensoft CEO Bob Scarborough and revenue recognition expert Jeffrey Werner.
For software companies, the sales, billing and revenue management processes may sometimes evolve in a less than optimal way, for a variety of reasons. Over time, the complexities involved may compound, leading to inefficiency, lack of visibility, and compliance issues.
The goal of this discussion is to provide a framework for understanding these processes — and how they interact — at your company, and how these processes influence your revenue cycle management needs.
Revised Revenue Recognition Exposure Draft: What Does It Mean For You?
This white paper was contributed courtesy of McGladrey LLC, as one of two hand-outs for Tensoft’s 9/13/12 webcast: “The Future of Revenue Recognition — Understanding the Complexity.” The paper was published in 2012 by McGladrey’s National Professional Standards Group.
This white paper was contributed courtesy of McGladrey LLC, as one of two hand-outs for Tensoft’s 9/13/12 webcast: “The Future of Revenue Recognition – Understanding the Complexity.” The author is Brian H. Marshall, National Professional Standards Group, McGladrey & Pullen, LLP. It was published on Novemeber 18, 2011.
Semiconductor and High Tech
In this white paper, Tensoft CEO Bob Scarborough and Semiconductor inventory valuation and cost management expert Regis Bescond discuss semiconductor costing by breaking down the components of actual costs and provide a summary of the cost drivers for overall inventory value. It focuses on product cost and cost reduction from an operations and finance perspective and proposes a structural model to build sustained cost reduction strategies for the entire semiconductor organization.
Semiconductor IC and device companies are constantly juggling competing internal resource demands with a need to conserve cash for product investment. As a result, many fail to invest adequately to meet operational and production goals that require flawless supply chain execution to speed time- to-market and maximize both profitability and revenue. This article examines how ramping semiconductor organizations typically evolve in terms of staffing, process and systems, and makes recommendations for improved evolution at specific stages of company growth, with emphasis on the fabless business model.
Given the time, standards and industry discussions to date on the topic of vendor supply chain integration — as well as individual company efforts that have been dedicated to SCM integration — one big question remains. Why isn’t this process easier by now? This white paper discusses the challenges to collaboration in the semiconductor supply chain, and suggests a possible solution. Semiconductor industry vetern Ron Jones and Tensoft CEO Bob Scarborough provide insight on the history of semiconductor supply chain management, the issues around data integration, and the role of data quality.
IPO Readiness Meets Sarbanes-Oxley (SOX) Compliance
The goal of this article is to map business process and infrastructure requirements to the growth path of a fabless company, to overlay the SOX compliance requirements with these process requirements, and to look at a few ways where companies can leverage this infrastructure and these compliance models to improve overall business performance.
More and more companies are adopting hosted ERP solutions. Start-ups can ramp quickly with a hosted ERP solution, allowing them access to the functionality that they need, quickly and with a lower initial investment than a comparable on-premise system. This white paper from Microsoft discusses the benefits of hosted ERP solutions for businesses.