FinTech

Model N MODN Introduces Cutting-Edge Global Price Management Tool

Published February 1, 2024

Model N, Inc. MODN, a renowned provider of revenue management cloud solutions, has recently announced the launch of its Global Price Management (GPM) solution. This innovative tool is set to revolutionize how life sciences and high-tech industries manage pricing strategies by enabling real-time data alignment across global markets, coupled with automated workflows to enhance efficiency and compliance.

Seamless Integration and Automation

The GPM solution by Model N MODN is designed to cater to the complex pricing requirements posed by global markets. By offering a centralized platform for managing prices, the solution ensures that companies can maintain consistency in pricing strategies, remain compliant with international regulations, and react swiftly to market changes. The automated workflows pave the way for reduced manual workload, mitigating the risks associated with human error and increasing overall operational agility.

Strategic Advantage for Diverse Industries

Model N's MODN new GPM product does not only serve the life sciences and high-tech sectors but also holds pertinent benefits for various industry players tracking the technology and services sphere, such as Itron, Inc. ITRI, which specializes in energy and water management solutions, and NETGEAR, Inc. NTGR, a leader in Internet-connected products. Additionally, Watts Water Technologies, Inc. WTS in the fluid and energy management space could leverage such advanced price management strategies to enhance their global presence and competitive edge.

ModelN, PriceManagement, Automation