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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 Tabs?

Tabs stands out as the most adaptable platform for B2B revenue management and billing available today. By leveraging AI technology, it simplifies the contract-to-cash process, accommodating changes in contract terms or pricing seamlessly. In the B2B landscape, the need to adapt to various contract stipulations is commonplace, and the consequences for financial operations can be significant. Finance teams often find themselves tasked with the labor-intensive job of manually reading, classifying, and recording contract terms. Data is typically organized and stored in spreadsheets, creating an additional layer of complexity. Only after these steps are completed can invoices be generated and overdue payments addressed. The process of inputting new contracts into spreadsheets or ERP systems can consume hours of valuable time. When it comes to generating invoices, the task becomes particularly challenging, especially with intricate spreadsheets that increase the likelihood of mistakes. This inefficiency makes scaling operations difficult. While delays in customer payments aren't always the issue, the lengthy invoicing process contributes significantly, often resulting in invoices being sent out only as the payment deadline approaches. Furthermore, the reliance on manual tasks leaves ample room for errors, further complicating the financial workflow. Transitioning to a more automated solution could alleviate these problems and enhance overall efficiency.

Media

Media

Integrations Supported

Anrok
Avalara
Docusign
HubSpot CRM
HubSpot Customer Platform
NetSuite
PandaDoc
QuickBooks Online
Salesforce
Stripe

Integrations Supported

Anrok
Avalara
Docusign
HubSpot CRM
HubSpot Customer Platform
NetSuite
PandaDoc
QuickBooks Online
Salesforce
Stripe

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

Tabs

Date Founded

2022

Company Location

United States

Company Website

tabs.inc/

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

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

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