Model N Revenue Cloud vs. Verenia CPQ

Model N is well suited for large, global enterprises that need more global controls and consistency in the REV Mgmt processes. Model N might be "overkill" for a small, regional customer. It has many features designed for the global enterprise and some companies simply may not need this level of scale.

Incentivized

I recommend this software to all companies that make their own products, as it helps them with all the sales management, from product creation, details, and features, to sales with customers, invoicing, and budgeting. It has worked very well for us and we have had no major problems.

Incentivized

• The Opportunity and Registration management module supports linkage to pricing, debiting and capturing POS to manage items progressing thru the process.
• The Price quoting module supports robust territory management and price security, ensuring that only authorized personnel can see assigned region / customer pricing. The workflow supports appropriate levels of price approvals.
• The contract management module supports a diverse library of contract types, including direct OEM, Distribution, pass-thru-pricing, reference contracts, multi-currency contracts and the price approval workflow is robust.

Incentivized

• Verenia CPQ gives us the facility to configure a product at the moment of viewing it in our end user delivery, under the option of being able to build a code of the final product and that this is done step by step.
• Verenia CPQ has an incredible system which gives to enjoy every moment using the program, being able to automate all the training sessions with a continuous support contributing to the tranquility of each client.
• Verenia CPQ allows us to go deep through great solutions, based on the creation of hundreds of systems that have been successful over time.

Incentivized

• Need to simplify data extraction and reporting to the daily users.
• Need to improve data visuals to management and to the daily user.

Incentivized

• Bringing existing products into the software was a long and tedious process. We had many customers and products at the time we purchased the software, so getting them all into the software took a long time. I wish they could make this process go faster.
• We wanted to integrate the software with our CRM program to bring everything into the same system and it was impossible until technical support helped us and we were able to solve it.
• The configuration of the product, although very detailed and very specific, is also long and sometimes even complicated, we would like the process to be more automatic.

Incentivized

We've successfully used Model N for many, many years. It is the heartbeat of ON Semiconductor sales operations. I said that at a Rainmaker about 10 years ago and it's still true today. We continue to upgrade as new releases are available to maximize the benefits of Model N through-out our organization.

Incentivized

Model N is our legacy system and none of these other companies offer products that provide the holistic business processes and economic value like Model N. It's internal modules are well-integrated and various BI tools provide excellent presentation of data, both at the analyst and executive levels.

Incentivized

• Provides enterprise-wide transparency of data and system of record for critical operational data.
• Holistic price management tools enable us to align productivity goals for certain customers while maintaining desired overall margins.

Incentivized

• Verenia CPQ has expanded us in the current business making our profits surpass records from several years ago.
• All of our employees feel secure and confident because of all the tools that Verenia CPQ has given us over the years.

Incentivized