High Technology Industry
Multinational operations, challenging accounting standards and an increasingly rapid pace make the high technology industry completely different from other industries. Technology companies are subject to the some of the thorniest challenges in the manufacturing world today: Fleeting product life cycles, demand that defies forecasting, and price erosion. To succeed, you need to surmount these challenges. Tensoft offers experience, expertise and industry-specific software functionality that can accelerate your results by:
- Streamlining operations and managing growth
- Connecting and automating core business processes
- Increasing forecast accuracy and time of delivery
- Delivering visibility across your entire value chain
- Complying with challenging software accounting rules
Tensoft Revenue Cycle Management (RCM) was specifically designed to meet the unique accounting challenges, like multi-element sales, that complicate financial management for software and other technology companies, and to extend the industry-leading core functionality of Microsoft Dynamics. This combination, together with Tensoft's software industry experience, delivers a highly scalable, industry-specific solution for technology companies, with deployment options in the cloud or on-premise.
Tensoft Multi-National Consolidation (MNC) for multi-national technology firms allows you to bring together financial data from disparate sources to create a global view of your financial information across your entire enterprise.
The Tensoft High Tech Dashboard (HTD) provides a cohesive and in-depth summary level of financial analysis with sophisticated reporting efficiency for many high tech companies.