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Tech Company Observer

Insights and Revelations about ERP Software Customers, Vendors, and the Industry.

Tech Company Observer

William White
What's It Like to Work at Tensoft?
3/31/2015 8:17:27 AM

By William White

Working at Tensoft is a very unique experience. We have a very supportive team that works together to stay up to date on new technology trends in the industry so that we can keep our customers informed. In the video below William White, CTO and Co-founder, shared some of his thoughts on what working at Tensoft means to him, along with some helpful advice for those thinking Tensoft might be a positive career choice.

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Caprice Murray
Microsoft Convergence - Who Knew It Would Be This Great?
3/19/2015 10:25:31 AM

By Caprice Murray

I know, I know - that Microsoft Convergence is a really great, worthwhile experience shouldn't be news to me.  After all, Tensoft is a Microsoft Dynamics ERP re-seller and we use a lot of their business productivity tools in-house.  But I've been on the Worldwide Partner Conference detail for the last few years, and this was the first Convergence that I've been to since, well, I can't even really remember when - Denver?  And, I have to say that I was very, very pleasantly surprised!

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William White
Working with High Tech Companies: A Case Study
3/12/2015 8:50:02 AM

By William White

William White, CTO and Co-founder of Tensoft, recently discussed what it is like working with a high tech companies. He references a Tensoft customer who was acquired by a larger company outside the US and explains how Tensoft was able assist the companies in making a seamless transition in less than four months. To hear more about how Tensoft can help high tech companies watch the video below or read the transcription.

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Jeffrey Werner
"Revenue Recognition for Services and Contract" Webcast Recap
3/3/2015 12:30:12 PM

By Jeffrey Werner

On February 24 Jeffrey Werner, a Silicon Valley software revenue recognition expert and lecturer, presented a complimentary webcast on “Revenue Recognition for Services and Contract.” If you missed this opportunity you can watch the recording here or click here to download the slides. In the video below Jeffrey provides an overview of the information covered during the webcast. 

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Bob Scarborough

There are many scenarios where what you sell does not move directly to revenue. Revenue is deferred largely because it has not been earned yet due to some need to deliver over time or possibly events that have not yet occurred. When you need to defer revenue you need to identify the sale to the customer (the combination of invoices or orders or contracts or terms that define the sale) and assign rules to the various categories of revenue so that they will be recognized correctly in the future.

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Bob Scarborough
ERP Selection and Implementation: Myth #3
2/18/2015 10:08:22 AM

By Bob Scarborough

Myth number three in our series on myths about ERP selection and implementation is: “Customizing an integrated ERP system is preferable to adding best of breed solutions.”

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Caprice Murray
ERP Selection and Implementation Myths, Busted: Myth #1
2/5/2015 10:55:46 AM

By Caprice Murray

Welcome to the first in an on-going series on the topic of “ERP Selection and Implementation Myths”!  We hope that you’ll find these posts to be helpful, informative, and something of an antidote to all of the misinformation and hype that you may run across.

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Dan Berube
A Reprieve From the FASB on ASC 606?
1/29/2015 11:02:15 AM

By Dan Berube

Not surprisingly, board members of US public companies have expressed some concerns in regard to implementation of the new revenue recognition standard, ASC 606. Public companies will have to adopt to the FASB’s criteria by January of 2016 and enough companies have cited issues that the FASB is considering postponing the effective date.

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Michael Chadwick

As technologies advance, the semiconductor industry and its traditional business model face a myriad of ongoing complexities demanding an ever accelerating state of operational agility. The electronics and healthcare markets are experiencing unprecedented change through mass market consumerization and global adoption. For most chip companies, gone are the days of long run product cycles and the timeline to secure a design win may exceed the lifetime ramp up (and ramp down) of an end device such as a smartphone model. And IC companies, whose end customer optics can be hampered by degrees of separation through channels of distribution, are increasingly adopting creative strategies to diversify volatile revenue cyclicality1

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Bob Scarborough

Within the fabless semiconductor industry the standard cost approach is usually the norm, but some still argue for the use of actual cost.   In reality, actual cost methods - such as specific identification, moving average, FIFO, and LIFO – are less able to deal with the complexities of the semiconductor industry. Actual cost is a more passive way of handling inventory in that it accepts whatever the inventory cost may be. Meanwhile, standard cost is a more active approach and allows the standard cost of goods to be assigned as they move through the system. Variances are recorded and investigated as to the nature of the variance.
 

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