The Life Science industry is complex and each player in the industry faces its own unique set of challenges Reform-driven pricing pressures, a stronger focus on consumer engagement and an ever-changing regulatory and risk environment require new management strategies. That´s why intelligent revenue management and profit optimization are the key to end-to-end go-to-market success.Critical components of effective Revenue Management include the ability to articulate and gain control of go-to-market programs, sync different elements, optimize margin and reduce revenue leakage. The objective is to charge the right price at the right time and give credits and rebates when needed to customers.
The Gartner Hype Cycle for Life Sciences 2018 report ranked revenue management systems as a key tool for managing and selling products in Life Sciences. Implementing a revenue management tool means creating a proactive capability to prevent revenue leakage. Vistex offers a centralized end-to-end revenue management platform to support your strategies for price management, channel benefits, sales performance and compliance.
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The Gartner Hype Cycle for Life Sciences 2018 report ranked revenue management systems as a key tool for managing and selling products in Life Sciences. Implementing a revenue management tool means creating a proactive capability to prevent revenue leakage. Vistex offers a centralized end-to-end revenue management platform to support your strategies for price management, channel benefits, sales performance and compliance.
Revenue Management can help you to manage all challenges from the daily business in the Life Science industry
Watch this on-demand webinar to hear Alejandra Garitonandía, Vistex and Life Science expert, interpret these industry challenges and give insights on how to tackle shortfalls in revenue management & profit optimization.Learn more about:
- Current challenges for Laboratories, Distributors and Medical Devices
- How to manage revenue management in a more effective way
- Constant improving of end-to-end revenue management through strategic planning and analytics
- How to gain full lifecycle visibility
Presented by:
Alejandra Garitonandia
Life Science Business Development Manager at Vistex