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Tech Company Observer

Insights and Revelations about ERP Software Customers, Vendors, and the Industry.
by Michael Chadwick
1/22/2015 8:35:29 AM
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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Tags: SaaS (software as a service), semiconductor
by Brian Yates
1/15/2015 8:27:04 AM
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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Tags: fabless semiconductor, semiconductor finance
by Bob Scarborough
1/8/2015 12:00:06 PM
Semiconductor manufacturing stands apart as a unique process when you compare it to other manufacturing processes.   From a systems perspective, production in most manufacturing industries is either discrete or process manufacturing – semiconductor manufacturing can be defined as process manufacturing with a discrete outcome all the while focused on lot genealogy.   Here’s what I mean by that.
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Tags: fabless semiconductor
by Caprice Murray
12/18/2014 10:47:56 AM
Microsoft announced the general release of Dynamics GP 2015 earlier this month, and we think there may be a few enhancements that might be of interest to our readers.   In addition to a number of product feature enhancements, this new release offers three key benefits to the way that many of our customers do business.  These key benefits are:

1) An expanded work flow that will streamline financial, purchasing, sales, payroll, and project expense related approvals;
2) A single sign-on through integration with Microsoft Azure, allowing users to work seamlessly across various Microsoft platforms including Office 365;
3) And, the introduction of Service Based Architecture (SBA) for Microsoft Dynamics GP.
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Tags: Microsoft Dynamics, Microsoft Dynamics GP
by Bob Scarborough
12/10/2014 11:45:00 AM
Lately, there has been a lot of hype surrounding the subject of “big data.”  Chances are this has led to as much confusion as clarity, so you well might be left wondering: what the heck is big data anyway, and why is everyone so excited about it? When people hear the term “big data” they often assume that it literally means large data sets.  That may sometimes be part of the definition, but the term actually encompasses more than that.
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Tags: technology industry
by Brian Yates
12/4/2014 10:23:14 AM
A couple of weeks ago, I attended Compliance Week West for the first time. There was a great deal of discussion around how auditors will be looking at company controls around revenue recognition, as well as what companies will need to do to prepare for the new standard in terms of systems, internal set ups, and how new recognition will be controlled. 
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by Dandrew Cruda
11/25/2014 9:03:28 AM
We recently had the opportunity to visit our friends from Cleo and talk to them about the effects Tensoft RRM has had in managing their complex revenue - more particualrly, their deferred revenue. Before Tensoft RRM, Cleo had difficulties reporting their revenue and having the confidence behind the numbers they were reporting on spreadsheets, which stakeholders, auditors, and company executives felt were "choppy." We spoke with Richard Gorman, the Director of Finance for Cleo, to see how their revenue management processes has changed and how they are now reporting their revenue.
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by Caprice Murray
11/21/2014 10:47:31 AM
Tensoft Revenue Recognition Management (RRM) 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 RRM, your company can enjoy smoother processes, less errors, and better revenue reporting.

For a quick overview of Tensoft Revenue Recognition Management, we've created a two minute video that will help give you a basic understanding of this solution.  To see that, click on the thumbnail below.  Or, if you'd prefer to just read about it, the video script is included below that.  Enjoy!
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Tags: revenue recognition, revenue recognition software
by Caprice Murray
11/12/2014 10:37:46 AM
Creating a recurring invoice is easy as pie in Tensoft Contract Billing Management (CBM)!  To show you just how it's done, we asked one of our talented interns - Katelyn Smathers - to demonstrate.  You can see for your self in the following video, or you can read about it below.  And, for more information about Tensoft CBM, please visit our solution page.
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Tags: billing management software, recurring billing software
by Dan Berube
11/5/2014 9:07:00 AM
Microsoft Dynamics GP SmartList Builder and Microsoft Excel are designed to work hand in hand so that data can easily be exported from one program to another. There are a couple ways to go about doing that and today I will be showing you how to export the data using a ‘Clear’ macro. By watching the short video below you will be able to learn how to use the SmartList export solutions.
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Tags: Microsoft Dynamics GP