Recordings from large neural populations are becoming an increasingly popular and accessible method in experimental neuroscience. While the activity of individual neurons is often too stochastic to interrogate circuit function on a moment-by-moment basis, multi-neuronal recordings enable us to do so by pooling statistical power across many cells. For example, groups of neurons often exhibit correlated gain or amplitude modulation across trials, which can be statistically formalized in a tensor decomposition framework (Williams et al. 2018). Additionally, the time course of neural population dynamics can be shifted or stretched/compressed, which can be modeled by time warping methods . Here, we compare and contrast these two modeling frameworks and demonstrate how they can be combined. We demonstrate that combining these methods may be highly advantageous-for example, the presence of random time shifts hampers the performance and interpretability of tensor decomposition, while a time-shifted variant of this model corrects for these disruptions and uncovers ground truth structure in simulated data.