Innovative Joint Solution Targets Increased Effectiveness and Efficiency in Customer and Sales Performance Management of Life Sciences Companies
PARIS, France & REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Cegedim Relationship Management and Model N today announced that they will jointly offer a powerful, integrated Customer Relationship Management (CRM) and Revenue Management solution for Life Sciences companies. The solution will initially be offered in the 27 member countries of the European Union, Russia, Turkey and North America.
Delivering Visibility and Auditing Capabilities across the Enterprise
Life Science manufacturers need to create, manage, and share a single version of the truth about customer relationships and revenue management across multiple departments and geographies in order to maximize sales effectiveness. The joint offering addresses this need by unifying Cegedim Relationship Management, which helps commercial teams improve client interactions and relationships with stakeholders, with Model N Revenue Management, which integrates critical pricing, contracts, rebates, and incentives processes, to help manufacturers manage the entire contact to contract to cash life cycle across multiple channels for all customers and prospects.
As a result of the partnership, the Cegedim Relationship Management and Model N combined offering seamlessly integrates traditionally disparate processes of customer management, deal making, performance analysis and financial settlements. It provides customers with comprehensive capabilities for managing their customers and revenue life cycle processes to achieve powerful, instant insights for shaping their customer interactions and making every appointment count.
“We are very pleased about joining with Model N to supply our customers with another critical solution," said Laurent Labrune, Chief Executive Officer of Cegedim Relationship Management. “Through our Partner Program, we help our customers implement complete solutions that enable them to run their businesses more effectively. And with Model N, our customers will have better visibility into - and control over – their revenue management life cycle.”
“This partnership will yield a solution that companies can immediately use to fill a current need," stated Zack Rinat, Chief Executive Officer and Co-Founder of Model N. “In relying on proven solutions for managing customer relationships and revenue, companies can maximize their return on investment. We selected Cegedim Relationship Management as a partner because they are innovative and visionary, and because of their experience and expertise in the Life Sciences industry. We believe it’s the best possible partnership for our customers.”
| About Cegedim Relationship Management: |
Cegedim Relationship Management is the Life Sciences industry’s leading provider of Customer Relationship Management (CRM) solutions. Designed specifically for Life Sciences, the company’s innovative business solutions incorporate a thorough understanding of local, regional and worldwide trends. Cegedim Relationship Management enables more than 200,000 users in many of the world’s most innovative companies to stay ahead of market challenges. In addition to CRM, Cegedim Relationship Management also provides marketing, data optimization and regulatory compliance solutions in more than 80 countries. Cegedim Relationship Management is part of the France-based Cegedim S.A. Group.
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| About Cegedim: |
Founded in 1969, Cegedim is a global technology and services company specializing in the healthcare field. Cegedim supplies services, technological tools, specialized software, data flow management services and databases. Its offerings are targeted notably at healthcare industries, life sciences companies, healthcare professionals and insurance companies. The world leader in life sciences CRM, Cegedim is also one of the leading suppliers of strategic healthcare industry data. Cegedim employs 8,500 people in more than 80 countries and generated revenue of €926 million in 2010. Cegedim SA is listed in Paris (EURONEXT: CGM). |
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| About Model N: |
Model N is the leader in Revenue Management solutions, offering an integrated suite of applications for analytics, pricing, contracts, compliance, and settlements optimized for the industry practices of Life Science and High Tech companies. Enabling the creation of a seamless, end-to-end process from price setting through settlements payment to analytics, Model N's uniquely integrated approach eliminates revenue leakage and delivers the visibility and controls needed to avoid the risks of non-compliance to government reporting regulations such as Sarbanes-Oxley and government pricing requirements. Customers include: Atmel Corp.; Boston Scientific Corp.; Bristol-Myers Squibb Company; Cypress Semiconductor; Medtronic, Inc.; Microchip Technology Inc.; Ortho-Clinical Diagnostics, a Johnson & Johnson company; Pfizer, Inc.; and STMicroelectronics. Model N’s worldwide headquarters are located in Redwood Shores, California. www.modeln.com. |
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Contacts
Drew BUSTOS
Cegedim Relationship Management
Global Communications
Tel.: +1 (908) 443.2451
drew.bustos@cegedim.com
or
Aude BALLEYDIER
Cegedim
Media Relations
Tel.: +33 (0)1 49 09 68 81
aude.balleydier@cegedim.fr
or
Sean CASSIDY
Model N, Inc.
Sr Mgr, Corporate Marketing
Tel: 650-610-4820
scassidy@modeln.com