Model N Contract Authoring incorporates Selectica, Inc.'s (Nasdaq: SLTC) best-of-breed Contract Lifecycle Management (CLM) into Model N's industry-leading Revenue Management Suite. Model N chose Selectica's solution after an extensive evaluation process to incorporate the most robust, comprehensive, scalable, and flexible contract authoring technology as a foundation for the Model N Contract Authoring application.
Model N Contract Authoring is a highly collaborative solution for creating and managing agreements, offering enhanced capabilities for building customer and deal-specific pricing strategies. Key contract data and terms are automatically synchronized with downstream Model N applications, ensuring seamless integration of transactional, legal, and financial information in the revenue life cycle, from contract management and compliance to rebate management and regulatory reporting. This seamless approach is the hallmark of Model N's integrated Revenue Management platform and ensures that customers accurately capture contract terms and consistently track milestones and compliance measurements, while streamlining all aspects of the contract lifecycle, including offer development and approvals as well as contract execution, amendment, and renewal management.
Collaborative Features Ensure Speedy Execution while Maintaining Control and Visibility
Model N Contract Authoring allows customers to leverage advanced contract authoring capabilities that greatly enhance offer development efforts and promote vital cross-functional collaboration in the contract life cycle. Key features include:
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