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Model N, Inc. (NYSE: MODN) is a leader in cloud-based revenue management solutions that transform complex business processes into streamlined operations. The company’s mission is to drive essential business processes such as configure, price, and quote (CPQ), contract and rebate management, business intelligence, and regulatory compliance. This transformation is achieved by turning the revenue lifecycle from a series of disconnected operations into a cohesive, end-to-end strategic process.
Model N caters to life sciences, technology, and manufacturing industries, providing solutions that meet the complex needs of some of the world's leading brands, including Johnson & Johnson, AstraZeneca, Boston Scientific, Novartis, Microchip Technology, and ON Semiconductor. Its offerings are utilized in over 100 countries, ensuring robust global reach and impact.
The company's flagship products include the Revenue Cloud for Life Sciences and the Revenue Cloud for High Tech. These platforms are designed to enhance revenue and operational efficiency while complying with stringent regulatory requirements. They enable the creation and execution of contracts, modernize sales processes, and strategically manage the revenue lifecycle.
Model N has recently launched Price Management, a new solution aimed at semiconductor, electronic component, and high-tech manufacturers to manage price execution across various sales channels globally. This solution integrates with Model N's Deal Management to provide a comprehensive pricing update system, ensuring real-time data alignment with market realities and regulatory compliance.
Additionally, the company's 2024 State of Revenue Report highlights the priorities and challenges faced by executives in pharmaceutical, medical technology, and high-tech manufacturing sectors. Key findings include the emphasis on advanced analytics and AI to improve process efficiency and cost-saving measures, while addressing issues like supply chain disruptions and regulatory changes.
Model N is currently undergoing a significant transition, with a pending acquisition by Vista Equity Partners, announced in April 2024. Despite this, the company remains focused on its core mission, providing innovative solutions to drive revenue optimization and compliance for its esteemed clientele.
For more information, visit www.modeln.com.
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