Manage the Contract Life Cycle from Offer Development to Compliance
Effectively managing contracting is critical for medical technology manufacturers. However there are significant operational challenges — business strategies evolve rapidly, contract volume is increasing and terms and conditions are complex.
Model N's domain-specific solutions and best practices allow manufacturers to manage the entire contract life cycle — from offer development to contract compliance — to ensure maximum contract value. Full visibility and control are enabled by powerful reporting capabilities that provide full auditability and analytics that deliver actionable intelligence and deep business insight.
Drive Effective Contracting and Minimize Risk
Enable Cross-sell Opportunities across Business and Product Lines
Maximize Contract Value, Minimize Risk
Enable Efficient Capital Equipment Contract Management
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After implementing Model N, we measured a reduction by one percentage point in year-over-year price erosion in Europe (-2.5% vs. -1.5% on average).
Head of International Pricing
Top 10 Biopharma Manufacturer