Manual processes, siloed systems, and a lack of visibility into global markets and competitors can result in incorrect and mismanaged prices. And that has significant impacts on your revenue. In the webinar, “Pricing from Hemisphere to Hemisphere,” Model N and Global Pricing Innovations (GPI) outline four important considerations to overcoming these challenges and achieving pricing and product launch excellence.
1. External to internal price validation
By monitoring your publicly listed prices across the globe, you can ensure the accuracy of internally reported prices and quickly make necessary changes – and there’s a way to do it without manually transferring data between platforms.
2. Competitor tracking and standardized cost comparisons
With a single platform (the one you use to manage internal prices), you can monitor and compare competitors’ prices with granular detail, such as indication-level cost comparisons with approved label information.
3. International reference pricing (IRP) complexity
Armed with accurate IRP rules and data, you can evaluate the impact of pricing decisions, monitor changes in the evolving landscape, and understand the specific nuances of each rule.
4. Expert-level business, advisory, and IT services
Maximize the time you spend on building and executing your strategies. Model N Global Pricing Management solution and expert IT support, coupled with GPI’s pricing and access expertise, empower you to achieve pricing excellence.
Achieve pricing excellence with a full end-to-end solution
Purpose-built for life sciences, Model N Global Pricing Management helps you decrease price erosion and optimize 100% of your product’s global revenue. This powerful platform tracks and governs prices, optimizes launch sequences, and simulates IRP events. And now with the data and analytics power of GPI, you can:
- Manage pricing and derive optimal strategies through a single, deeply integrated solution.
- Get better visibility into IRP.
- Better understand what your competitors are doing.
- Make the best-possible decisions concerning market access and global pricing.
Ensure better insights and outcomes.
Learn more about the four considerations to achieving pricing excellence – and how the partnership between Model N and GPI can help you drive profitable revenue. Watch the webinar today.
