ERP Software Solution

Revenue Cycle Management (RCM) Products

Many technology companies have unique needs that impact revenue recognition. Systematic management of revenue has a high value-add to these companies: streamlined business processes, efficient time-to-revenue recognition, and fully auditable and traceable processes.

Key Features:

  • Streamline revenue recognition and account closing processes
  • Gain revenue by eliminating errors, lack of detail and duplicate entry
  • Comply with AICPA, FASB and SEC regulations, and Sarbanes-Oxley Section 404 requirements
  • Decrease tracking and revenue management costs to focus on analysis and process
  • Accelerate complex billing processes
  • Improve channel management, efficiency, visibility and compliance
  • Deliver real-time reporting to make business-critical decisions
  • Increase financial reporting accuracy and improve customer service

For many technology companies, the revenue cycle is complicated by revenue recognition rules, order management, complex billing, contract renewals, regulatory compliance and more. Software companies are especially impacted by these issues, as is any high tech company that offers software components as part of its product or products.

The Tensoft Revenue Cycle Management (RCM) family of products brings together the specific revenue, billing and contract management functionality that software and other technology companies need. This suite of modules automates complex revenue cycles and replaces spreadsheets and double-entry processes with a fully integrated, auditable solution.

Improve the efficiency and accuracy of complex revenue models with Tensoft RCM products. Whether your critical business needs are simply for revenue management, or for a longer list of revenue cycle management needs, Tensoft RCM products will help you achieve competitive advantage through improved performance and compliance.

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