Software Industry

Complex financial issues with revenue recognition and contract management make it difficult — if not impossible — for software companies to adapt generic accounting and financial software to their needs. If you’re like many software companies, you’ve had to resort to using spreadsheets, since adequate revenue management solutions are expensive and may require you to convert your entire financial system.

Increase your efficiency and accelerate results with the easiest solution to systematizing your corporate revenue policy, allowing you to:

• Streamline critical revenue processes
• Easily manage multiple revenue models
• Lower your compliance risk
• Gain consistency and accuracy

Tensoft’s solution suite for software was specifically designed to meet the unique challenges that complicate financial management for software companies. Tensoft Revenue and Deferral Management (RDM) streamlines business processes and provides efficient time-to-revenue recognition, using fully auditable and traceable processes.