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OAISYS Reaps Benefits Quickly From Tensoft(R) Revenue Deferral Management
SAN JOSE, CA, Jan 10, 2013 (MARKETWIRE via COMTEX) --
Tensoft (http://www.tensoft.com), a leading end-to-end ERP and
supply chain solution provider for the technology industry, announced
today that OAISYS, an innovator in business call recording and
contact center management solutions, has successfully implemented
Tensoft Revenue and Deferral Management (RDM), a Certified for
Microsoft Dynamics solution that automates and streamlines complex
revenue recognition processes and provides tight bi-directional
integration across the General Ledger and sub-ledgers.
"Our sales model includes resellers, OEM distribution, traditional
licenses, subscription sales, maintenance plans and professional
services offerings, so there's considerable complexity in our revenue
recognition processes," said Doug Ames, OAISYS Director of
Operations. "We've just implemented Tensoft RDM, but we're already
seeing benefits, including streamlined revenue recognition processes
and easier reporting."
"Tensoft RDM was developed from the ground up to support technology
companies' multi-channel sales models and their highly complex
revenue recognition challenges," said Bob Scarborough, Tensoft's
President & CEO. "We're pleased to be working with OAISYS to help
them with their specific revenue recognition needs."
About OAISYS
A recent Customer Interaction Solutions Product of the
Year award winner, OAISYS (www.oaisys.com) is a leading developer of
call recording and contact center management solutions for a wide
range of organizations. The OAISYS voice documentation and
interaction management solutions help companies attract and retain
customers by digitally capturing phone-based interactions for simple
retrieval, playback and management.
About Tensoft RCM Applications for Microsoft Dynamics
Combined with
the core financial and reporting capabilities of Microsoft Dynamics
ERP, Tensoft Revenue Cycle Management applications, such as Tensoft
RDM, provide one central location -- and one integrated system -- to
automate a company's lifecycle business processes such as billing and
contract renewals as well as revenue recognition and FASB compliance
management, using fully auditable and traceable processes.
About Tensoft
Tensoft provides business management applications to
automate industry-specific lifecycle processes for the semiconductor,
technology and software industries. Tensoft's business-ready
solutions extend broad, horizontal ERP functionality to complete the
most vertically demanding, high-tech needs through critically
relevant content, domain expertise, embedded best practices and
performance analytics. For over 15 years, technology companies
worldwide have relied on Tensoft software and cloud-based services to
power and improve their operations. Tensoft is headquartered in
Silicon Valley with sales and support offices throughout the U.S.,
Europe and Asia. For more information, go to www.tensoft.com or call
(888) 450-4030 x406.
SOURCE: Tensoft, Inc.
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