REDWOOD CITY, CA--(Marketwired - October 06, 2016) - Model N, Inc. (NYSE: MODN), a leading provider of cloud-based revenue management solutions to life sciences, high tech and manufacturing companies, today announced the general availability of Revvy Revenue Management, Summer '16. With this release, Model N demonstrates its ongoing commitment to innovation with new capabilities to simplify the quoting process, save sales professionals time and even extend the value of other solutions.
One of the chief new capabilities in the Summer '16 release is:
- The enhancement of Revvy CLM (Contract Lifecycle Management) to seamlessly integrate with Salesforce® CPQ, enabling users to convert quotes directly into contracts. The integration of Salesforce CPQ with Revvy CLM provides a powerful end-to-end process that delivers tremendous value to CPQ users by automating the entire contract lifecycle while reducing costly errors during the contract authoring process.
"By streamlining the quote-to-contract process, our users can create and manage executable contracts faster than ever before, minimizing contract risks while maximizing revenue potential," said Eric Carrasquilla, Senior Vice President of Product Management, Model N. "The direct integration between Revvy CLM and Salesforce CPQ provides incredible value for the broader Salesforce ecosystem."
This is Model N's fourth consecutive year as a Dreamforce sponsor. In addition to exhibiting at Booth No. 408 in the Moscone South Exhibit Hall, Model N conducted a session titled, "Turbo-Charge Salesforce Lead-to-Cash with Model N Revenue Management." During the session, Manfred Hettenkofer, VP of Product Management, Model N, discussed how companies can use Model N's Salesforce-native applications to drive top-line revenue growth and profitability while ensuring contract and pricing compliance.
Model N Revvy Revenue Management, Summer '16 is currently available. For more information on Revvy or the Model N Dreamforce presentations, visit www.modeln.com/revvy.
Salesforce and others are among the trademarks of salesforce.com, inc.
About Model N
Model N is a leader in revenue management solutions. Driving mission critical business processes such as configure, price and quote (CPQ), contract and rebate management, business intelligence, and regulatory compliance, Model N solutions transform the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process. With deep industry expertise, Model N supports the complex business needs of the world's leading brands in life sciences, technology and manufacturing across more than 100 countries, including Johnson & Johnson, AstraZeneca, Boston Scientific, Novartis, Microchip Technology and ON Semiconductor. For more information, visit www.modeln.com.
Model N® is the registered trademark of Model N, Inc. Any other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.