...the deployment will be the largest implementation in Model N history.
Redwood Shores, CA (PRWEB) October 26, 2011
Model N, Inc., the leader in revenue management solutions, announced today that a global leader in pharmaceutical, diagnostic, therapeutic, surgical, and biotechnology products has selected the Model N Life Sciences Suite to comprehensively manage pricing, contracting, and incentive and channel settlements processes across its numerous North American companies. The phased roll-out will start in the customer's medical technology companies with plans to extend the deployment to its entire North American Life Sciences operations. When completed, the deployment will be the largest implementation in Model N history and will set the industry standard for enterprise revenue management.
After a lengthy evaluation process that included several competitive and incumbent vendor offerings, the customer selected Model N on the strength of its innovative product suite, proven track record, and commitment to partnering with the Life Sciences industry to improve business value.
“The breadth of this deployment serves as a prime example of how global Life Sciences companies are seeking to integrate and manage the revenue life cycle, including pricing; contract authoring, management, and compliance; and distributor rebates and chargebacks, through one integrated solution,” said Richard Fitchen, Chief Marketing Officer and Senior Vice President of Business Development at Model N. “With Model N, the customer is acquiring a partner that is committed to its success and to working together to further extend Revenue Management innovation and leadership.”
About Model N
With over $150B in annual revenues across 50 countries managed in our systems, Model N supports Life Sciences and High Tech manufacturing customers through their entire revenue life cycle across their pricing, deal, contract, compliance, settlements, and channel processes. Our deep industry expertise and best practices, highly configurable applications, and comprehensive services support your organization on premise or in the cloud. Whether you are an emerging business or a global leader, Model N results in revenue. 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.