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Tech Company Observer

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

Tech Company Observer

Caprice Murray
A Tensoft Customer Billing Management (CBM) Success Story
5/22/2015 1:29:43 PM

By Caprice Murray

Here at Tensoft, we just happen to have many of the same business system needs as our customers, including a need for complex billing support.   That's understandable since Tensoft is a software company, as are many of our customers.  And, in addition to developing and selling our software, we provide cloud, implementation and support services to our customers.  As result we have a variety of complex billing needs that are solved by our own product: Tensoft Customer Billing Management (CBM).  So, we began using Tensoft CBM internally to handle these needs, and have created a short video customer story to document the success of this "eating-your-own-dogfood" project!


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Caprice Murray

Be sure to join us for Tensoft's next free webcast - this should be of interest to quite a few of you in Accounting at technology companies, or if you have clients in this industry.  The topic will be "How to Be Ready for the New Revenue Recognition Standard," and attendees will be able to earn 1 free CPE credit for attending.   For a preview of the content, take a look at the brief video below, or read the transcript if you prefer.  For more information or to register for the webcast, go to  https://attendee.gotowebinar.com/register/2693498190118511362.  


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Caprice Murray

Tensoft is excited to announce the 10th annual Fabless Semiconductor Management (FSM) International User Conference on September 10th & 11th in Campbell, CA. This is the only ERP/supply chain user conference held exclusively for those in the semiconductor industry.

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Jeffrey Werner
Upcoming Webcast Topics: 4 Principles of Revenue Recognition
4/27/2015 10:00:00 AM

By Jeffrey Werner

The upcoming Tensoft online course: Revenue Recognition for Technology Companies will taught by revenue recognition expert, Jeffrey Werner. The online course will be held May 13 & May 15 from 9:30 AM to 12:30 PM. During this two days series one of the topics Jeffrey Werner will cover is the four principles of recognizing revenue. Watch the video or read the transcript below to learn more about the upcoming Tensoft online course.

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Jeffrey Werner
Revenue Recognition Two Day Webinar Topics
4/24/2015 10:00:00 AM

By Jeffrey Werner

Revenue Recognition expert, Jeffrey Werner, provides Tensoft customers a sneak peek at the topics being discussed at the upcoming Tensoft online course: Revenue Recognition for Technology Companies. This two days course will take place May 13 & May 15 9:30 AM to 12:30 PM. One of the topics being covered is the new revenue recognition standard. Watch the video or read the transcript below to learn more about how the new standard will be discussed during this online course.

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Jeffrey Werner
Revenue Recognition for Technology Companies Webcast Preview
4/23/2015 11:22:46 AM

By Jeffrey Werner

Tensoft is offering a new two day online course titled: Revenue Recognition for Technology Companies. This course will be led by revenue recognition expert Jeffrey Werner May 13 & May 15 9:30 AM to 12:30 PM. He will cover multiple topics during these two days and those who attend will be eligible for CPE credits. To get a glimpse at some of the topics being discussed watch the video below or read the transcript.

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Dan Berube

I’m sure many people breathed a sigh of relief last month when the FASB agreed to postpone the effective date of ASC 606 by one year for both public and private companies. It was becoming increasing clear that that the scope of the change was going to require more time for companies to implement, both big and small, public and private.

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Bob Scarborough
Does the FASB’s Delay on ASC 606 Spell Relief?
4/10/2015 2:05:43 PM

By Bob Scarborough

As I am sure many of you are well aware, FASB recently proposed a one year deferral for the new revenue recognition standard, ASC 606. Even though these changes are now a little further away and many companies seem to breathing a sigh of relief, it would be a mistake to procrastinate.
The results of a recent BDO survey found that there are two major challenges being cited by board members of US public companies when it comes to implementing ASC 606 by the deadline:

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William White
Tensoft's Philosophy on Customer Support
3/31/2015 8:35:28 AM

By William White

Here at Tensoft we believe it is important to put the customer first. This is especially true when it comes to customer support. In the video below William White, CTO and co-founder of Tensoft, explains how customer support is handled at Tensoft and why the team places such a large emphasis on it. To hear about how Tensoft functions to ensure customers have a positive experience watch the video below or read the transcript.

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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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