Model N Expands Revvy Configure, Price Quote Solution to Medical Technology Market with Integrated Analytics

Out-of-the-box Mobile & Cloud CPQ solution helps companies configure products, manage pricing, and generate quotes

San Francisco – Dreamforce 2014 – October 14th – Model N, Inc. (NYSE: MODN), a leading revenue management solutions provider to the life science and technology industries, announced today its next-generation Revvy CPQ (Configure, Price, Quote) for medical technology manufacturers.

Revvy CPQ returns to salesforce.com’s Dreamforce this year as a bronze sponsor and will be in booth N2135in the Cloud Expo. Dreamforce, the world’s largest software conference, will be held in San Francisco October 13-16, 2014, at Moscone Center. During its introduction last year at Dreamforce 2013, Revvy CPQ waspreferred 4-to-1 by sales users for its ease-of-use and intuitiveness.

Medical technology manufacturers often deal with tremendous complexity as well as sophisticated pricing scenarios often making it very difficult for them to effectively manage their revenue. These manufacturers can now utilize Revvy CPQ within Salesforce to build and configure price quotes for their customers. With integration to Model N’s powerful revenue management and analytics platform, sales users will be able to access insightful pricing and account analytics directly from Revvy CPQ within Salesforce. This gives the sales rep tremendous power and insight when responding to customer needs. Model N brings the powerful insight from its revenue management platform directly to the sales users.

Revvy CPQ provides an easy-to-use CPQ app for high-growth salesforce.com customers looking to maximize sales and customer responsiveness. Revvy CPQ is 100 percent native on the Salesforce1 Platform and provides a robust solution that solves the growing demand of selling both products and subscriptions together.

Model N is happy to announce QuickLogic Corporation has recently gone live with Revvy CPQ and is enjoying the benefits of the solution.

QuickLogic Corporation, a fabless semiconductor company, designs, markets, and supports low power customizable semiconductor solutions for tablets, smartphones, wearables, and mobile enterprise markets. The company sells its products through a network of sales managers and distributors in North America, Europe and Asia. QuickLogic Corporation was founded in 1988 and is headquartered in Sunnyvale, California. “Before we enabled Revvy CPQ, we would go back and forth between our resellers and our sales operations team in order to generate our price quotes. Needless to say, this was incredibly time consuming and fraught with errors,” said Amy Johnson, director of Corporate Applications at QuickLogic. “With Revvy CPQ, we can now leverage the sophisticated pricing review and approvals process integrated within Salesforce and maintain much higher levels of customer service now.”

“We are excited to be a part of Dreamforce,” said Shail Khiyara, senior vice president & chief marketing officer, Model N. “Revvy CPQ leverages mobile and cloud technologies to create accurate and professional sales quotes within Salesforce1 and significantly increase sales effectiveness. This tour highlights the combination of Salesforce solutions and Model N’s deep vertical expertise that will enable our customers to have a unified end-to-end CRM and revenue management solution.”

Key benefits

Model N will be showcasing the new analytics functionality specifically designed to allow sales reps even greater responsiveness to their customers. Ease of use has always been the hallmark of Revvy CPQ and we are excited to bring that to Dreamforce.

  • Intuitive and easy-to-use allowing sales reps to jump in immediately
  • Ensures greater quote accuracy
  • 100% native on the Salesforce1 Platform – no syncing needed with other systems
Resources:

• Model N Revvy CPQ

• Model N Med Tech

• Model N Revenue Management

About Model N

Model N is the leader in Revenue Management Cloud solutions. Model N helps its customers maximize their revenues by maximizing sell time, revenues per opportunity and number of opportunities. Model N Cloud solutions manage every dollar that impacts the customer’s top line and transforms the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process.  With deep industry expertise, Model N supports the unique business needs of life science and technology companies across more than 100 countries. Global customers include: Actavis, Allergan, Atmel, Boston Scientific, Bristol-Myers Squibb, Dell, Johnson & Johnson, Linear Technology, Merck, Marvell, Maxim, Micron, Nokia, Novartis, Novo Nordisk, ON Semiconductor, and STMicroelectronics. Learn more at: http://www.modeln.com. Model N is traded on the New York Stock Exchange under the symbol MODN.

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Salesforce, Salesforce1, Dreamforce and others are among the trademarks of salesforce.com, inc.

Model N® is a 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.

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Brenda Christensen
Model N
Tel: 818.307.9942​​​​​
Email: bchristensen@modeln.com

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