Beware of How AZPN Books Software Revenue - Accounting Manager AspenTech Employee Review

1.0
Apr 7, 2009
Recommend
CEO approval
Business Outlook

Pros

It pays the bills until I get a better job when the economy recovers. AZPN makes take furloughs without pay which means I can spend more time with my family. We get free coffee. I can ride my bike to work in the summer. We get free bus fare to reduce global warming. We get free soft drinks.

Cons

Company can not report earnings in a timely manner. Senior management is clueless about how the oil and gas industry works. AZPN senior management post messages to Yahoo chat boards on howe great of a company AZPN which contain false information. The way AZPN books software revenue is like a ponzi scheme. Our CEO soends too much time at his son's hockey games.

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5.0
May 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Well run company with smart people.

Cons

At the lower end of salary bands

3.0
May 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Good products with large customer base. Product development is innovative and willing to work directly with customers. Base pay for sales reps is improving after the acquisition by Emerson Electric. The Emerson Electric acquisition is received positively by the customers. Internal training is good and readily available. Collaboration between the various departments is excellent.

Cons

New management is focused on running the sales organization by spreadsheet metrics vs. obtaining and improving customer relationships. Product pricing and sales approval processes are very complex. Customers are seen as captives and when they request reasonable changes to their contract, they are often denied if there is not significant revenue growth (results in bad relationships). Sales management is spending more time in internal meetings than with customers and their reps.

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