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• Revenue Cycle Management

Revenue Cycle Management (RCM) Solutions

Many technology companies have unique needs that impact their revenue recognition. Systematic revenue management has a high value-add to these companies. It helps streamline business processes, make efficient and timely revenue recognition, and have 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 and recurring 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 recurring 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 recognition, recurring billing and contract management functionality that today's technology companies need. This suite of modules completely automate the complex revenue recognition and management cycle, and replace spreadsheets and double-entry processes with a fully integrated and auditable revenue management solution.

Improve the efficiency and accuracy of complex revenue management with Tensoft RCM products such as Recurring Billing Software, Revenue Recognition Software and more. 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.

For additional information, or to speak with a consultant, contact our Technology Solutions Group.