
Model N Price Intelligence is a dynamic pricing analysis tool for life sciences companies, offering data-driven insights to optimize pricing strategies.
Vendor
Model N
Company Website
Model N Price Intelligence is a sophisticated software solution designed to help life sciences companies develop, monitor, and drive optimal pricing strategies. It leverages artificial intelligence and machine learning to provide real-time decision insights, enabling businesses to make data-driven pricing decisions that align with corporate revenue objectives.
Key Features
Advanced Analytics Comprehensive pricing analysis capabilities
- Price waterfall analysis
- Pricing trend tracking
- Price band visualization
- Price scatter charts
Data Integration Seamless integration of multiple data sources
- Revenue Management system data
- Internal company data
- Third-party external data
Scenario Simulation Tools for contract scenario generation and analysis
- Contract scenario simulation
- Comparison across key KPIs
Benefits
Improved Decision Making Data-driven insights for pricing strategies
- Elimination of intuition-based pricing
- Identification of profitable contract strategies
- Understanding of gross-to-net revenue deductions
Enhanced Profitability Tools to boost bottom-line performance
- Efficient pricing and contracting
- Monitoring of net price erosion risks
- Higher net contribution to the bottom line