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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 ScaleXP?

ScaleXP offers a financial automation platform that aims to enhance and modernize essential processes such as revenue recognition, billing, subscription management, and SaaS metric reporting. By streamlining the handling of deferred and accrued revenue derived from invoice data, it generates revenue recognition schedules and journals that can be swiftly posted into accounting systems with just a few clicks, significantly decreasing dependence on error-prone spreadsheets. This solution allows users to create invoices directly from CRM deal records, monitor renewals and contracts effortlessly, and manage subscription billing without requiring manual entry. Furthermore, it features real-time dashboards and analytics that track vital SaaS metrics like churn rates, retention figures, and revenue growth, fostering consistency across various teams. ScaleXP integrates effortlessly with a range of accounting and CRM systems, including well-known platforms such as Xero, QuickBooks, HubSpot, Pipedrive, Salesforce, Stripe, and Exact, ensuring an efficient workflow. In addition to its core accounting functionality, it offers advanced features like financial consolidation and prepaid expense recognition, making it an all-encompassing solution for financial management. As businesses continue to grow and change, ScaleXP evolves alongside them, providing the tools necessary for effective financial operations and strategic decision-making. This adaptability positions ScaleXP as a forward-thinking solution in the realm of financial automation.

Media

Media

Integrations Supported

Integrations Supported

Exact
HubSpot CRM
HubSpot Customer Platform
Pipedrive
QuickBooks Online
Salesforce
Stripe
Xero
Zoho CRM

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$134.85 per month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Webinars
Online Training

Training Options

Documentation Hub
On-Site Training

Company Facts

Organization Name

Tensoft

Date Founded

1996

Company Location

United States

Company Website

www.tensoft.com

Company Facts

Organization Name

ScaleXP

Date Founded

2021

Company Location

United Kingdom

Company Website

www.scalexp.com

Categories and Features

Financial Management

Financial Reporting
Revenue Recognition

Revenue Recognition

Not specified

Categories and Features

Recurring Billing

Not specified

Revenue Recognition

Not specified

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Popular Alternatives