Model N's Deal Management for Life Sciences is a comprehensive software solution designed to help pharmaceutical and life sciences companies optimize their contract negotiations, pricing strategies, and regulatory compliance. This SaaS platform likely integrates various aspects of deal management, from initial pricing to contract execution and ongoing management, tailored specifically for the unique challenges of the life sciences industry.

Key Features

Contract Lifecycle Management Streamlines the entire contract process from creation to renewal

• Automated contract generation and approval workflows
• Real-time visibility into contract terms and conditions

Pricing Optimization Enables data-driven pricing decisions

• Advanced analytics for market-based pricing
• Scenario modeling for different pricing strategies

Compliance Management Ensures adherence to industry regulations and company policies

• Automated checks for regulatory compliance
• Audit trails for all pricing and contract decisions

Benefits

Increased Revenue Maximizes deal value and reduces revenue leakage

• Optimized pricing strategies
• Improved contract terms and conditions

Operational Efficiency Streamlines deal management processes

• Reduced manual work and errors
• Faster deal closure and contract execution

Enhanced Compliance Minimizes regulatory risks

• Consistent application of pricing policies
• Improved transparency and auditability