Poor Controls Over Pricing and Limited Visibility Into Channel Sales Mean Billions in Losses
SAN MATEO, Calif. — April 29, 2020 – Model N, Inc., the leader in cloud revenue management solutions, today announced the 2020 State of Revenue for High Tech webinar, which will present key findings from a recent Model N survey of more than 300 C-level executives responsible for revenue management in the high tech, semiconductor and electronic components manufacturing industries.
The survey findings are detailed in Model N’s new 2020 State of Revenue Report, which focuses on how revenue management challenges are having a serious impact on business success. Most C-suite executives (89%) says they are losing billions of dollars through revenue leakage, with 75% knowing they leave “money on the table” and must do better. Some 82% say revenue management has become increasingly difficult, estimating the impact of losses due to revenue leakage in the billions of dollars.
Scheduled for Wednesday, May 20, 2020, at 11 am PT/2 pm ET, attendees will receive a downloadable copy of the full 2020 State of Revenue Report and have the opportunity to participate in a live Q&A session with panelists. Registration for the webinar can be found on Model N’s website.
2020 State of Revenue for Life Sciences Highlights
- Agenda: Model N’s Senior Vice President Chanan Greenberg and high tech industry representatives will discuss how executives are dealing with revenue management challenges, what areas of revenue management companies can improve, what role technology plays, and best practice approaches to improving revenue management.
- Featured Panelist: Jake McKernan, Director of Business Applications, Microchip
About Model N
Model N is a leading provider of cloud revenue management solutions for life sciences and high tech companies. Driving mission-critical business processes such as pricing, quoting, contracting, regulatory compliance, rebates, and incentives, our software helps companies know and grow their true top line and maximize every revenue moment at speed and scale. With deep industry expertise, Model N supports the complex business needs of the world’s leading brands in pharmaceutical, medical technology, semiconductor, and high-tech manufacturing across more than 120 countries, including Johnson & Johnson, AstraZeneca, Novartis, Microchip Technology, and ON Semiconductor. For more information, visit www.modeln.com.
Media Contact
Laura Ruark
Bospar Public Relations
laura@bospar.com
Investor Relations Contact:
Gwyn Lauber
Model N, Inc.
investorrelations@modeln.com
650-610-4998
