NXP Selects Model N High Tech Revenue Management Suite
NXP Semiconductors, high tech manufacturer, has picked Model N High Tech Revenue Management Suite, including Global Price Management, Deal Management, Channel Revenue Management, Deal Analytics, and Contract and Compliance Management to get partner and deal flow processes in shape.
Model N released a press note to announce this deal –
After a thorough evaluation of competitive offerings, including pricing and channel management vendors, NXP determined that Model N’s industry-focused solution, combined with its comprehensive application support services, made it the right company with which to collaborate globally across the company’s European, Asian, and Americas operations. In addition, Model N’s deep semiconductor industry expertise, best practices standardization, product maturity, and ability to integrate with Salesforce.com CRM were deciding factors in the selection process.
The global deployment will make Model N a core NXP enterprise solution, replacing 10 current tools and systems with an integrated, domain-specific platform that will allow NXP to improve price execution, enhance financial compliance, and increase visibility into channel sales activity and contract performance in a highly competitive semiconductor market.
High tech manufacturers continue to rely on best of breed solutions for gaining important business process edge.