Tech Company Observer

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

Tech Company Observer

Jeffrey Werner
Revenue Recognition Two Day Online Training
8/13/2015 11:01:01 AM

By Jeffrey Werner

On Tuesday, August 25 and Thursday, August 27, from 9 AM to 12:30 PM, I’ll be teaching an informative online training course on the New Revenue Recognition Standard.  Tensoft will be hosting this event, which we provide to the public for an outstanding value.   Anyone interested in this topic – or any accountants who are seeking CPE credits – should sign up now, before the deadline.

Read More....
Karishma Malu
My Internship Experience at Tensoft
8/6/2015 12:23:18 PM

By Karishma Malu

Having worked with Tensoft for last few months, I think now is the perfect time to reflect back and share my internship experience with everyone. It has been a rewarding experience and still continues to be. This opportunity has allowed me to apply my theoretical knowledge and gain valuable real-life practical experience. It has not only exposed me to various aspects of marketing but also helped me broaden my horizon.

Read More....
William White
Prioritizing Product Innovation and Customer Acquisition
7/21/2015 10:40:46 AM

By William White

Prioritizing product innovation is a central goal at Tensoft, something we review as part of our strategic goals to build our company.  Customer acquisition is also critical to our growth – and there are definitely times when the development team focus is guided to customer specific initiatives.  The bigger truth is , to ensure Tensoft’s success requires a successful integration of product innovation and the needs of customer acquisition. 

Read More....
Anne Phan
Top 10 Reasons To Attend Momentum 2015
7/16/2015 10:20:04 AM

By Anne Phan

The 10th Annual Tensoft FSM User Conference is right around the corner! Momentum 2015 is expected to be even better than last year. So we thought everyone might enjoy an infographic of the top ten reasons why you should attend Momentum. For those of you who haven’t signed up yet, we hope that these top ten reasons will cause you to add your name to the list and for those who have already signed up these reasons will just add to the excitement.

Read More....

Tags: FSM, Momentum

Caprice Murray

Revenue recognition – and the finance team that applies it - often ends up being the bane of creative sales deals, seen as cramping the sales department’s ability to maximize the amount of money that they bring in the door.  This is the natural result of the very different goals of finance and sales.  Finance is responsible for adhering to the current guidance from the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), and for how new bookings move to the profit and loss statement.  Sales, on the other hand, is focused on the sale – and any related incentives - and how much money is brought in based on the sale.

Read More....

Bob Scarborough
Microsoft’s ERP and CRM Re-Org: What Will the Impact Be?
7/1/2015 8:08:51 AM

By Bob Scarborough

Microsoft announced their annual re-org last week that included a repositioning of Microsoft Dynamics business unit within the organization.  The previous Microsoft Dynamics leader, Kirill Tatarinov, will be departing the organization – part of both changing how products are managed and a continued move to the newer business models.  I don’t think anyone in the Dynamics community expects this change to have any material impact on what we do.

Read More....
Jeffrey Werner
The New Revenue Recognition Standard Q&A
6/26/2015 8:00:00 AM

By Jeffrey Werner

Tensoft hosted another installment of our free revenue recognition series on June 16, and I presented on the topic of “The New Revenue Recognition Standard.”  We covered both background information about this topic, as well as the most recent developments in the new standard.  If you missed it, you can view the recorded session, at your convenience. As in past sessions, we publish some of the questions asked during the webcast, along with my responses.

Read More....
Caprice Murray
Your Revenue Recognition Questions Answered!!
6/23/2015 9:34:00 AM

By Caprice Murray

Tensoft hosted another complimentary one hour CPE-eligible webinar on the New Revenue Recognition Standard featuring revenue recognition expert, Jeffrey Werner. We have compiled the responses to the polling questions asked during the webinar, and think they might be of interest to you! Scroll down and see how attendees responded to beginning to deal with the New Revenue Recognition Standard. 

Read More....
Michael Chadwick
GaN Systems Inc. Looks to Scale using Tensoft Solutions
6/5/2015 11:33:58 AM

By Michael Chadwick

Tensoft is excited to announce a new semiconductor client win with GaN Systems Inc. located in Ottawa Canada. GaN Systems is the leading manufacturer of gallium nitride high power transistors for consumer, enterprise, industrial, solar/wind/smartgrid, and transportation power conversion applications. The company will take advantage of Tensoft’s Software-as-a-Service (SaaS) solution to manage end-to-end semiconductor ERP processes.

Read More....
Dan Berube
Successful ERP System Implementations
5/28/2015 10:48:42 AM

By Dan Berube

There are several reasons why companies decide to implement new ERP application, but regardless the reason, it is important to thoroughly plan and prepare for the ERP implementation or upgrade. There are some important steps that must be taken both before and after the ERP application is applied to ensure its success. After the implementation, there are also some key factors to measure the return on investment (ROI) of the ERP implementation. 

Read More....