Revvy CPQ to Deliver Quick and Accurate Quotes to Medical Technology Manufacturers

By CIOReview | Wednesday, September 2, 2015

REDWOOD CITY, CA: Model N, a provider of revenue management solutions to life science and technology industry leaders, announces the expansion of its relationship with Ortho Clinical Diagnostics (OCD) –a provider of diagnostic solutions. The new agreement will enable OCD to augment its existing deployment of Model N’s Revenue Management Application suite with global deployment of Model N’s Revvy CPQ for medical technology manufacturers.

Revvy CPQ (configure, price and quote) for MedTech is an enterprise-grade solution built natively on Salesforce1 platform tailored to support complex product pricing models and solution bundles. It enables manufacturers to boost revenues by empowering sales with a faster and an effective way to quote, respond to request for proposals and generate contracts.

OCD provides total solutions for screening, diagnosing, monitoring and confirming diseases early empowering hospitals, laboratories and blood centers to deliver results that help patients experience a better quality of life.

"As successful medical technology businesses grow, their product and service offerings grow with them. And for leading manufacturers such as OCD, with highly complex products and recurring services, manual quoting with spreadsheets eventually becomes impossible to sustain while delivering timely and accurate quotes to customers," says Zack Rinat, Founder, Chairman and CEO, Model N. "Revvy CPQ -- which is built natively on the Salesforce1 Platform and augments Model N's Revenue Enterprise Cloud and Revenue Intelligence Cloud for Life Science -- is designed to help these manufacturers transform the process of pricing, quotes, contracts, rebates and incentives to maximize revenue. We are pleased to expand our longstanding partnership with OCD, and committed to their continued success."