Tensoft Revenue Recognition Automates Your Complex Revenue Recognition Processes
For technology companies that run Microsoft Dynamics for their accounting/ERP system, Tensoft Revenue Recognition Management (RRM) is the answer to your revenue recognition prayers. Take a look at the video on the right and the information on this page to see how Tensoft RRM solves some of your most difficult revenue recognition challenges.
But what if Microsoft Dynamics isn’t your accounting/ERP system? No worries – Tensoft partners with Novadek Technologies to offer Revenue Lens too! Same great features and benefits, now available for everyone. For more information about Revenue Lens, just visit Novadek Technologies.
Implementing ASC 606, The New Revenue Recognition Standard
Tensoft regularly hosts informative webcasts on revenue recognition for its customers. These webcasts are insightful and help to understand the general principles of revenue recognition, different methods involved and the regulatory issues associated with it.They provide tips on implementation of the new standard and actionable strategies that could be applied at your company.
The video above is part of such revenue recognition series, presented by revenue recognition expert Jeffrey Werner and covers the changes to SaaS and Subscription based revenue recognition models for technology companies.
Tensoft’s Revenue Recognition and Contract Management Solution Helps eSentire Scale
eSentire, is a leading managed detection and response service provider based in Ontario, Canada. They needed a scalable and reliable revenue recognition solution to meet their financial management needs. Tensoft RCM provided them the flexibility and functionality they required to manage the revenue recognition, billing and contract management processes.
To learn more, watch the case study video on the right.