The Accounting Software Library On-Line Edition
Tensoft Revenue Cycle Management (RCM)
|Product / Service Name:||Tensoft Revenue Cycle Management (RCM)|
|Company:||Tensoft, Inc. (Click to Learn More)|
|Improve the efficiency and accuracy of complex revenue models with full compliance in AICPA, FASB and SEC regulations, including Sarbanes-Oxley Section 404 requirements.|
|Full Product Description:|
|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. |
Streamlined, transparent, and effective revenue management is available now in three versions:
Tensoft Revenue Cycle Management (RCM) Suite
Designed for software and other high tech companies 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 used 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)
Designed for companies that sell product through distributor 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.
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! To learn more about Tensoft RCM, please contact us today. We look forward to hearing from you!