Tensoft Revenue Cycle Management (RCM) Suite is designed for software
and other high tech firms that have highly complex revenue and/or
billing needs. Sophisticated sell-to or sell-through models, complex
contractual billing arrangements, compliance-dictated revenue
recognition models, and revenue or billing complexity are all managed
by the Tensoft RCM Suite. It is a strong fit for companies that utilize
enterprise license models, royalty or OEM contract management, complex
billing driven by usage and sophisticated pricing terms, large account
business management needs or high-level models such as those by the
online gaming industry.
Tensoft Revenue and Deferral Management (RDM) supports sophisticated
revenue management from the invoice forward for software or high tech
companies that provide internet-based subscriptions or services, or
which have an external system to manage billing. The solution targets
web advertising or services companies that have sophisticated customer
account management built into their web presence, as well as product-
based companies that need to segment revenue streams or manage revenue
timing.
Tensoft Revenue and Deferral Management for Distribution Channels
(RDM/D) is designed for companies that sell through distribution
channels, such as electronic component manufacturers and other
companies that leverage distributors and point-of-sale (POS) data.
RDM/D's distributor contracts management, POS data integration, rebate
management and insight into channel sales to end customers are
invaluable for streamlined, transparent, and effective revenue
management.
"Tensoft's RCM family of products has been designed to support technology
companies' most critical and complex needs regarding revenue, billing, and
contract management," said Caprice Murray, Tensoft's Director of Sales and
Marketing. "Combined with the core financial and reporting capabilities of
Microsoft Dynamics GP, Tensoft RCM Suite, RDM and RDM/D provide one central
location -- and one integrated system -- which automates a company's
lifecycle business processes such as billing and contract renewals, as well
as revenue recognition and management. No other company offers such an
elegant, streamlined revenue cycle management solution."
According to Andrew Chen, Corporate Controller of PlanetOut, an online
media and entertainment firm, RDM has helped to produce compelling business
results. "PlanetOut needed a solid solution to handle revenue deferral and
management for its high volume of subscription transactions, as well as for
advertising revenue. We were pleased to find that Tensoft RDM automates the
processes for us, and integrates seamlessly with our existing financial and
accounting software. Because we're a publicly traded company, the
auditability and compliance functions of Tensoft RDM are critical to our
SOX compliance plans."
Tensoft RCM Suite, RDM or RDM/D can be purchased directly from Tensoft, or
through select Microsoft Dynamics GP partners. For more product details, go
to: http://www.tensoft.com/products/rcm.cfm.
About Tensoft
Tensoft, Inc. specializes in innovative, end-to-end ERP and supply chain
solutions for the semiconductor, high tech and software industries. Founded
in 1996, Tensoft delivers results tailored specifically to each customer's
needs. The company sells its products directly to customers and partners
with established firms in the U.S., Canada, and Europe to re-sell and
provide local support for its products. For more information, go to
http://www.tensoft.com or call (888) 450-4030 X406.
Contact Information: Editorial Contact: Caprice Murray Tel: 888.450.4030 x406