We are pleased that another semiconductor leader has placed its trust in Model N to help unify its core Revenue Management processes on a global scale
Redwood Shores, California (PRWEB) July 21, 2010
Model N, Inc., the leader in Revenue Management solutions, today announced that a global semiconductor leader has selected the full Model N High Tech Revenue Management Suite to improve visibility into channel sales activity and enhance price execution across its worldwide operations. After an extensive evaluation of competitive offerings, including incumbent solutions, the company determined that Model N's High Tech Suite was best suited to handle its increasingly global business, complement its legacy SAP ERP implementation, and integrate with its Salesforce.com CRM solution.
The deployment will include Model N's fully integrated Global Price Management, Deal Management, Channel Revenue Management, Deal Analytics, and Contract and Compliance Management solutions. The company will also implement Model N's High Tech Performance Analytics solution, which will leverage the rich data in the Suite's transactional applications to deliver powerful retrospective analytics on pricing strategies, customer and channel performance, product and market performance, root causes of revenue and margin erosion, and more.
"We are pleased that another semiconductor leader has placed its trust in Model N to help unify its core Revenue Management processes on a global scale," said Steve Zocchi, Senior Vice President of Global Sales at Model N. "The selection highlights the continuing market momentum Model N is experiencing among leading High Tech manufacturers, a trend that has led us to significantly expand our global presence to better serve the needs of an increasingly international customer base."
About Model N
Model N is the leader in Revenue Management solutions, offering an integrated suite of applications for analytics, pricing strategy and execution, contracts, compliance, rebates, and settlements optimized for the industry practices of Life Sciences and High Tech companies. Enabling the creation of a seamless, end-to-end process from price setting through settlements payment, Model N's uniquely integrated approach eliminates revenue leakage and delivers the visibility and controls needed to avoid the risks of non-compliance to government reporting regulations such as Sarbanes-Oxley and government pricing requirements. Customers include: Atmel Corp.; Boston Scientific Corporation; Bristol-Myers Squibb Company; Cypress Semiconductor Corporation; Intersil Corporation; Linear Technology Corporation; Medtronic, Inc.; Microchip Technology, Inc.; Micron Technology Inc.; Ortho-Clinical Diagnostics, a Johnson & Johnson company; ON Semiconductor, Inc.; Pfizer, Inc.; and STMicroelectronics. Model N is located in Redwood Shores, California. For additional information, visit http://www.modeln.com.
Model N is a mark of Model N, Inc. All other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.
# # #