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What is Tensoft Revenue Lens?

If your organization is struggling with revenue recognition issues, you have found the perfect solution! Tensoft Revenue Lens® is designed to tackle the problems of inconsistent spreadsheets, lengthy audits, revenue loss, and compliance challenges. When OrthoFi, which provides technology solutions for orthodontic practices, needed a dependable partner to address their complex revenue recognition needs, they turned to Tensoft Revenue Lens. Watch the case-study video above to learn how Tensoft Revenue Lens met their changing demands and turned what were once difficult audits into smooth processes. This innovative solution implements the new 'five-step model' according to the ASC 606 and IFRS 15 revenue recognition standards, guaranteeing both compliance and efficiency in handling revenue processes. Moreover, Tensoft Revenue Lens empowers businesses to concentrate on their fundamental operations while improving financial precision, thereby enhancing overall productivity. By adopting this solution, organizations can expect to see significant improvements in their financial management practices.

What is NetSuite SRP?

NetSuite SRP offers a comprehensive Services Resource Planning solution tailored for the entire services sector. This platform seamlessly combines features from Customer Relationship Management, Professional Services Automation, and accounting/Enterprise Resource Planning, effectively overseeing the complete bid-to-bill process using a powerful Software-as-a-Service suite. By implementing NetSuite SRP, organizations can accelerate project delivery, guarantee accurate invoicing, and reduce the time for accounts receivable, which in turn boosts cash flow and minimizes the potential for revenue loss. Furthermore, this solution provides real-time insights and control over all aspects of business operations, ranging from the initial opportunity identification through to project management, invoicing, and revenue recognition, while also decreasing the necessity for duplicate data entry and expensive system upkeep. Notably, NetSuite SRP enhances operational workflows and promotes better inter-departmental collaboration, ultimately fostering greater efficiency and productivity within the organization. This holistic approach not only streamlines processes but also empowers teams to respond swiftly to market demands and client needs.

Media

Media

Integrations Supported

Rayven
Toucan
ZoneBilling

Integrations Supported

Rayven
Toucan
ZoneBilling

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Tensoft

Date Founded

1996

Company Location

United States

Company Website

www.tensoft.com

Company Facts

Organization Name

NetSuite

Date Founded

1998

Company Location

United States

Company Website

www.netsuite.com

Categories and Features

Financial Management

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

Categories and Features

Business Process Management

Access Controls / Permissions
Alerts / Notifications
Business Process Automation
Business Rules Management
Collaboration
Process Change Tracking
Process Mapping
Process Modeling & Design
Visual Workflow Management

ERP

Accounting Integration
Accounting Management
CRM
Dashboard
Distribution Management
Enterprise Asset Management
Financial Management
HR Management
Inventory Management
Order Management
Project Management
Purchase Order Management
Purchasing
Reporting/Analytics
Sales Management
Supply Chain Management
Warehouse Management

Professional Services Automation

Billing & Invoicing
CRM
Client Portal
Collaboration Tools
Document Management
Portfolio Management
Project Management
Proposal Generation
Quote Management
Resource Management
Time & Expense Tracking

Resource Management

Capacity Management
Data Visualization
Demand Forecasting
Drag & Drop
Employee Scheduling
Filtered Search
Resource Allocation
Skills Tracking
Utilization Management

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