Welcome!

News Feed Item

Model N Announces Selection by Sesotec GmbH of Revvy CPQ to Enhance Interoperability of Global Back- and Front-Office Systems

With an End-to-End Solution, Sesotec Will Drive Sales Productivity, Accelerate Time-to-Market and Maximize Revenue

REDWOOD CITY, CA--(Marketwired - January 12, 2017) - Model N, Inc. (NYSE: MODN), a leading provider of cloud-based revenue management solutions to life sciences, high tech and manufacturing companies, today announced that its Revvy Configure Price Quote (CPQ) has been selected by Sesotec GmbH, one of the world's leading developers and manufacturers of product inspection, separation and sorting systems. Sesotec will implement Revvy CPQ with Variant Configuration in SAP® ERP and Salesforce Sales Cloud. With a common information framework across sales, product and engineering, Sesotec aims to improve data accuracy and reporting, shorten sales cycles and maximize revenue.

"Our objective for a CPQ solution was to make selling easier for our sales force and to ensure more accurate offers and quotes. We tested several solutions in an intensive selection process and only Revvy CPQ meets all of our specifications," said Friedrich Kroiss, CIO at Sesotec. "We look forward to working with Model N as it empowers our sales reps to calculate accurate prices and quotes, automates workflows, and provides complete visibility into approval processes across all our teams."

Built on the Salesforce App Cloud platform, Revvy CPQ is part of Model N's Revvy Revenue Management application suite that works with the Salesforce lead-to-cash process by providing enterprise-grade solutions for price, rebate and contract lifecycle management. Revvy CPQ was developed to enable quoting with pricing and product configuration data maintained in SAP ERP, without the cost and complexity associated with application integrations. Revvy CPQ leverages the Variant Configuration in the SAP ERP knowledge base directly to be used in Salesforce lead-to-cash, where Sesotec's sales reps can quickly and easily create complex quotes that mix various products and services. With greater interoperability between its front- and back-office systems, Sesotec will maximize sales productivity by eliminating double entries, accelerate time-to-market for new products with shorter and more efficient approval cycles, and reduce the cost of maintaining consistency across its mission-critical systems with one single entry point.

"Revvy CPQ was designed to help companies like Sesotec leverage SAP ERP and Salesforce lead-to-cash more effectively together, so sales teams can operate at their full potential," said Zack Rinat, founder, executive chairman and CEO, Model N. "We're excited to be working with Sesotec to help them increase sales efficiency, automate workflows and maximize opportunities that will grow their bottom line."

Sesotec develops, manufactures and markets inspection, separation and sorting systems, which are used in processing, packaging and production lines. Its customers often operate in a wide variety of industries, including food, pharmaceuticals, plastics, glass and recycling. The company was founded in 1976 and is based in Schönberg, Germany.

About Model N

Model N is a leader in revenue management solutions. Driving mission-critical business processes such as configure, price and quote (CPQ), contract and rebate management, business intelligence, and regulatory compliance, Model N solutions transform the revenue lifecycle from a series of disjointed operations into a strategic end-to-end process. With deep industry expertise, Model N supports the complex business needs of the world's leading brands in life sciences, technology and manufacturing across more than 100 countries, including Johnson & Johnson, AstraZeneca, Boston Scientific, Novartis, Microchip Technology and Fairchild. For more information, visit www.modeln.com.

Model N® is the registered trademark of Model N, Inc. Any other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

Salesforce, Sales Cloud and others are among the trademarks of Salesforce.com, Inc.

Image Available: http://www.marketwire.com/library/MwGo/2017/1/11/11G127190/Images/sesotec_logo_264x60-9657059d34498b0c8a020ba7b3d38e79.jpg

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
Judith Hurwitz is president and CEO of Hurwitz & Associates, a Needham, Mass., research and consulting firm focused on emerging technology, including big data, cognitive computing and governance. She is co-author of the book Cognitive Computing and Big Data Analytics, published in 2015. Her Cloud Expo session, "What Is the Business Imperative for Cognitive Computing?" is scheduled for Wednesday, June 8, at 8:40 a.m. In it, she puts cognitive computing into perspective with its value to the busin...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Everyone wants to use containers, but monitoring containers is hard. New ephemeral architecture introduces new challenges in how monitoring tools need to monitor and visualize containers, so your team can make sense of everything. In his session at @DevOpsSummit, David Gildeh, co-founder and CEO of Outlyer, will go through the challenges and show there is light at the end of the tunnel if you use the right tools and understand what you need to be monitoring to successfully use containers in your...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the USA and Europe, we work with a variety of customers from emerging startups to Fortune 1000 companies.