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Model N Announces Revenue Management Solution Now Tightly Integrated...



Model N (http://www.modeln.com), a leader in Revenue Management solutions, today announced the integration of their Revenue Management solution with Salesforce.com's market-leading Software-as-a-Service CRM applications. Targeted and customized for the specific needs of the high tech industry, Model N's Revenue Management solution (http://www.modeln.com/highTech/overview) includes Global Price Management, Quoting, Channel Transactions, and Asset Management. The solution, which has been deployed worldwide by leading semiconductor and electronic component manufacturers to boost gross margin and reduce financial risk, delivers out-of-the-box integration with legacy ERP systems. Now, customers can quickly and easily bring together Model N and Salesforce.com for a comprehensive solution that tightly integrates their revenue management and CRM applications.



The new integrated solution will enable Salesforce.com customers to leverage Model N's deep industry expertise and best-of-breed technology to:



-    Increase gross margin through global pricing execution


-    Reduce price erosion through better handling of special price requests


-    Reduce quote turnaround time


-    Increase quote-to-order conversion rates


-    Reduce overpayment of channel incentives


-    Improve compliance with financial reporting and revenue recognition requirements



"The integration of Model N and Salesforce CRM will address the specific needs and requirements of customers in the high-tech industry," said Brett Queener, Senior Vice President, Applications at Salesforce.com. "With more than 32,000 users in 50 countries, Model N provides customers with proven domain expertise and exceptional value."



"Our focus at Model N has been on revenue management solutions that bring together CRM and ERP systems," said Zack Rinat, Founder and Chief Executive Officer at Model N. "Working with Salesforce.com the market and technology leader in CRM, will help us deliver the benefits of an integrated solution to thousands of high-tech customers worldwide."



About Model N



Model N is a leader in Revenue Management solutions, offering an integrated suite of applications for analytics, pricing strategy and execution, contracts, compliance, rebates, fees and charge-backs 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: 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. and Pfizer, Inc. Model N is located in Redwood Shores, California. For additional information, visit www.modeln.com.






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