SOURCE: Tensoft, Inc.

Tensoft, Inc.

August 27, 2013 10:57 ET

CoCENTRIX Selects Tensoft to Scale and Automate Its Internal Financial Management Processes

Rapidly Growing Healthcare Software and SaaS Company Leverages Sophisticated ERP and Revenue Management System to Meet Scalability Demands

SAN JOSE, CA--(Marketwired - Aug 27, 2013) - Tensoft (www.tensoft.com) a leading end-to-end Cloud ERP provider for software and technology companies, announced today that it has signed an agreement with CoCENTRIX, a prominent behavioral health software company to deploy its turnkey ERP solutions, Tensoft Revenue Cycle Management (RCM) and Microsoft Dynamics GP.

"We have complex enterprise software and services agreements for state agencies and community providers across HHS, education, and corrections, so we needed a solution that could handle dynamic contract management and revenue sub-ledger activities," said Jason Ochipa, Chief Financial Officer of CoCENTRIX. "After evaluating Intacct and Sage 300 (formerly Sage ERP Accpac), we found the Tensoft Billing and Revenue Management applications to be an optimal fit, giving us the tools and reporting capabilities to support our compliance processes, including VSOE and SOP 97-2 determination, application and recognition."

"The company is experiencing rapid growth, and it needs to scale quickly. Implementing Microsoft Dynamics GP and a reliable, automated, and auditable revenue management software system, like Tensoft RCM, enables CoCENTRIX to maximize resources and focus on serving its customers," said Bob Scarborough, Tensoft President and CEO. "CoCENTRIX and Tensoft have compatible visions for business system solutions, so this is a good fit."

About CoCENTRIX
CoCENTRIX (www.cocentrix.com) provides innovative solutions to connect, collaborate and coordinate care and services for customers across a variety of health, education, justice and community service fields. CoCENTRIX has more than 500 agencies in 42 states that are utilizing its technologies to efficiently and cost-effectively coordinate services, maximize stakeholder's investments, and improve the health and safety of the populations they serve. Recently named Microsoft's Health and Human Services Partner of the year, CoCENTRIX is rapidly expanding its footprint across state agencies and community providers.

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 17 years, technology companies worldwide have relied on Tensoft software and cloud-based services to power and improve operations. Tensoft is headquartered in Silicon Valley with offices throughout the U.S., Europe and Asia. For more information, go to www.tensoft.com or call (888) 450-4030 x406.