Model N
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Model N Revenue Cloud is an enterprise software suite that manages channels, deals, prices, contracts, incentives, and rebates.
Model N's Revenue Cloud for Pharma is a comprehensive cloud-based solution designed to optimize revenue management for pharmaceutical companies. It streamlines complex processes such as pricing, contracting, regulatory compliance, and rebate management, enabling organizations to maximize revenue and ensure compliance across the entire revenue lifecycle. By integrating advanced analytics and automation, Revenue Cloud for Pharma provides real-time insights and control over commercial operations, helping pharmaceutical manufacturers navigate the intricacies of the industry effectively. Key Features and Functionality: - Provider Management: Ensures accurate pricing and eligibility by managing healthcare provider affiliations and memberships. - Payer Management: Facilitates efficient handling of contracts and relationships with payers, including insurance companies and government programs. - Government Pricing: Automates compliance with government pricing regulations, reducing the risk of penalties and revenue leakage. - Global Pricing Management: Offers tools to manage and analyze pricing strategies across different markets, ensuring competitive and profitable pricing decisions. - Global Tender Management: Integrates with public tender marketplaces, enhancing the ability to win and manage tenders globally. - Intelligence Cloud: Provides actionable analytics and dashboards for informed decision-making and performance monitoring. Primary Value and Problem Solved: Revenue Cloud for Pharma addresses the challenges pharmaceutical companies face in managing complex revenue processes and regulatory compliance. By automating critical functions such as pricing, contracting, and compliance, the solution minimizes revenue leakage, reduces manual errors, and ensures adherence to industry regulations. This leads to increased operational efficiency, improved profitability, and enhanced ability to respond to market dynamics. Additionally, the integration of real-time analytics empowers organizations to make data-driven decisions, fostering growth and maintaining a competitive edge in the pharmaceutical industry.
Model N Reviews
Kevin O.
great way to maximize revenue
Gulshan kumar J.
Operational Risk Controller at Credit Suisse || Ex SNB || Ex GRILMichael D.
A Good Commission Tracking System
About
What is Model N?
Model N (www.modeln.com) is a service provider of cloud-based revenue management solutions geared towards the life sciences and high-tech industries. Their software helps companies address the complexities of pricing and contracting in dynamic markets. Model N helps organizations maximize their revenue by enhancing operational efficiency, compliance, and visibility throughout the revenue lifecycle. Their tools support processes from quoting to contracting to compliance, enabling companies to strategically manage their revenues and reduce financial risks associated with regulatory requirements. Model N's platform integrates with existing ERP and CRM systems, providing a seamless solution for companies looking to improve their revenue management and drive business growth.
