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Revitas Rolls Out Version 7.10 [Manufacturing Close - Up](Manufacturing Close - Up Via Acquire Media NewsEdge) Revitas reported the availability of version 7.10 of the Revitas Flex platform applications (Revitas 7.10), a full solution suite release designed to "drive more effective contracting and financial management processes by breaking down silos between contract origination and revenue management." According to a company release, Revitas 7.10 breaks down functional silos and integrates the entire contract lifecycle, from authoring to execution, by informing, aligning, and enabling managers across business domains. The latest release provides new features designed to optimize business operations across the enterprise, including: -Integrated contract and revenue management. Revitas 7.10 breaks down the silos between the contract and revenue management functions. -Enhanced mobile contract management. With Revitas 7.10, field sales representatives can speed contract-related tasks and accelerate deal closures by searching for and downloading contracts, requesting amendments, and managing workflow approvals-all from their mobile devices. -Improved financial accruals management. For many organizations, managing accruals is a complex process that is not sufficiently managed by traditional enterprise resource planning (ERP) systems. Revitas 7.10 automates accrual management to increase accuracy, optimize working capital, and deliver visibility into product-level profitability. Revitas helps organizations determine the best accrual rate based on historical product sales. -Enhanced industry-specific capabilities. Revitas 7.10 offers enhanced compliance capabilities for life sciences companies to help organizations stay up to date with changing regulatory requirements and government standards, including greater support for 340B rebate price change netting and globalization support of Medicaid Rebates. "The release of Revitas 7.10 delivers a game-changing solution for organizations to manage complex business relationships and drive a greater ROI from their investment in indirect channels," said Michael Kerman, Vice President of Business Management at Revitas. "The latest release provides unique levels of enterprise integration that can enhance the bottom-line results of lead-to-cash processes, which have traditionally been challenging to improve. The Revitas 7.10 solution suite accelerates deal flow, enables more flexible and compelling incentives, automates complex incentive validation, and provides rapid insight into contract effectiveness as well as partner and incentive performance." Revitas accelerates revenue by delivering integrated solutions for contract, revenue, and compliance management. More Information: http://www.revitasinc.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |