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Your source for insightful information that's relevant to you and your business community.

Jun
21
2010

What Software Companies Need to Know About Revenue Recognition and ERP

BroadPoint Technologies and Tensoft, Inc. have developed a white paper that addresses the business decision makers at software companies and other businesses in the software market segment. This paper discusses how Microsoft DynamicsTM GP, along with Tensoft® Revenue Cycle Management (RCM), can address urgent business concerns specific to the software industry.  Software companies can replace costly, disparate software systems and enhance their business operations with technology that lets them increase visibility, improve performance, and streamline compliance.

 

With the increasing emergence of mobile consumer technology for the distribution of software applications and intense, competitive pressures on the industry as a whole, technological innovation continues to shape the way software companies compete and succeed.  Many of these businesses use older business software systems that don’t always meet contemporary requirements for financial and business management. Following mergers, acquisitions, and reorganizations, many software companies find themselves using the different, disparate systems formerly used by separate businesses, making strategic decision-making and smart management difficult.

 

While the executives at software companies tend to be well aware of the limitations of their current business technology, they are cautious in considering a replacement of the software systems. Company-wide software changes can be extremely costly in both financial and operational terms, disrupting productivity and distracting from a company’s goals. In addition, there are not many software solutions that take the unique requirements of the software industry into consideration.

 

As you consider Microsoft Dynamics GP and Tensoft Revenue Cycle Management, think about what goals this solution might help you achieve. Remember that the value of your investment in today’s powerful products will be maintained and increased by Microsoft and Tensoft’s long-term vision and unwavering commitment to research and development, backed up by significant resources.

 

For more information, download our white paper, “Addressing the Business Needs of Software Companies with Microsoft Dynamics GP and Tensoft Revenue Cycle Management.”

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Posted by Don Carnevale on Mon - Jun 21, 2010 at 9:00 am EDT

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