Model N Extends its Industry-Leading Contract Management Offerings with Contract Authoring Cap... ( New Solution...)

Model N Extends its Industry-Leading Contract Management Offerings with Contract Authoring Capabilities

Date:2/24/2010

New Solution Improves Offer-to-Contract Effectiveness for Sales, Legal, and Finance Organizations

Redwood Shores, California (PRWEB) February 24, 2010 -- Model N, Inc., the leader in Revenue Management solutions, today announced at RAINMAKER 2010 its new Contract Authoring solution, which extends the Model N Revenue Management Suite by allowing business users to rapidly develop contract documents and templates, negotiate and redline contracts, and manage workflows and approvals in the offer development process. Model N Contract Authoring integrates directly into the full life cycle processes of the Model N Revenue Management Suite, enabling Life Science and High Tech organizations to cut contract cycle times, boost productivity, and enhance contract compliance. Model N Contract Authoring is available immediately for current Model N customers, and is also available as an optional extension to Model N's Contract Management application for new Model N customers.

"We are continually looking for ways to enhance Revenue Management life cycle process efficiency and to enable our customers to more quickly and effectively respond to market opportunities," said Ariel Zach, Vice President of Product Development for Model N. "After delivering major process improvements and enhancing flexibility in managing pricing and incentive programs within contracts, we turned our attention to improving how our customers develop contract documents and collaborate among their sales, finance, and legal teams, as well as their customers, to deliver efficiencies in the offer-to-contract process. Contract Authoring is a natural extension of the Reve
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