Model N

#4498

Rank

$1.1B

MarketCap US

US United States

Country

Summary
Model N, Inc. provides cloud revenue management solutions for life sciences and high-tech companies. The company offers Global Pricing Management, which minimizes price erosion of products; Global Tender Management that enhances revenue by enabling segmentation and targeting, optimal bid pricing, and post-award tracking; Provider Management, which minimizes rebate overpayments; Payer Management that minimizes revenue leakage and noncompliance of complex contracts; Government Pricing, which optimizes revenue, and reduces the risk of fines and other penalties; and Medicaid that enhances compliance with regulatory requirements and payments of rebate claims on a timely basis and at correct rates for government Medicaid programs, as well as Validata, State Pricing Transparency Management, Advanced Membership Management, and Intelligence Cloud. It also provides Deal Management, which increases deal conversion and pricing consistency; Deal Intelligence that controls price concessions and determines ideal prices; Channel Management, which provides manufacturers a view of inventory, as well as evaluate price protection and stock rotation, and matching available inventory to quotes; Market Development Fund Management that allows companies to streamline their MDF process and reduce revenue leakage; Rebates Management, which centralizes control of rebate programs; and Channel Data Management that automates the process of collection, cleansing, validation, and standardization of channel partner data, such as POS, inventory, and claims, as well as Payment Management. In addition, the company offers implementation, application, business, strategic, and customer support services. It primarily serves large and mid-sized organizations worldwide through its direct sales force. The company was incorporated in 1999 and is headquartered in San Mateo, California.

History

Model N was founded in 1999 by Ajay Agarwal and Randy Wootton and went public in 2013. Since then the company has expanded its operations to over 30 countries and acquired several companies to better serve its clients.


Mission
Model N is the leader in Revenue Management solutions. Driving mission critical business processes such as configure, price and quote (CPQ), contract and rebate management, business intelligence, and regulatory compliance, Model N solutions transform the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process.

Vision
Model N's vision transforms the patchwork systems companies typically use in the management of revenues by aligning the people, processes, and information companies rely upon to plan for, capture, and actualize corporate revenue.

Key Team

Mr. Mark Anderson (Chief Services Officer)

Mr. Chris Lyon (Sr. VP & Chief Revenue Officer)

Mr. Suresh Kannan (Sr. VP & Chief Product Officer)

Gwyn Lauber (Director of Investor Relations)

Mr. Errol Hunter (Sr. VP & Gen. Counsel)

Mr. Rehmann Rayani (Chief Strategy & Marketing Officer)

Ms. Laura Selig (Sr. VP & Chief People Officer)


Recognition and Awards
Model N has won numerous awards including Best in Biz 2018, Best of the Best 2018, CIO Review's 20 Most Promising Enterprise Software Services Provider, and Deloitte's Technology Fast 500 among others.

References
Model N
Leadership team

Mr. Jason Blessing (Pres, CEO & Director)

Mr. John Ederer (Chief Financial Officer)

Ms. Cathy A. Lewis (Chief Accounting Officer)

Products/ Services
Medical Device, Pharmaceutical, Software
Number of Employees
500 - 1000
Headquarters
Redwood Shores, California, United States
Established
1999
Company Registration
SEC CIK number: 0001118417
Revenue
100M - 500M
Traded as
MODN
Social Media
Sun Mar 03 2024
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