|By Business Wire||
|July 22, 2014 10:02 AM EDT||
Revitas, Inc., the leading provider of integrated solutions for contract, revenue, and compliance management, today announced the debut of a new program to accelerate the launch of partner offerings. The new initiative, called the Revitas® Validated Integration Program, will provide extended capabilities for contract management, revenue management, and analytics for companies in channel-intensive industries. The first partner to join this premier alliance program is Breakaway Technologies, Inc., a business performance management firm specializing in analytics solutions for life sciences, manufacturing, retail, and other industries.
The Revitas Validated Integration Program enables Revitas partners to offer advanced solutions that synthesize with Revitas products and data assets and deliver them on the industry-leading Revitas Flex® platform. These partner solutions are focused on areas that expand the value of the Revitas solution suite—enabling mutual customers to grow revenue, increase profitability, and optimize outcomes.
Breakaway Technologies provides pharmaceutical manufacturers with a complete Managed Markets Gross-To-Net Solution that incorporates contract pre-deal analysis, discount forecasting, and reserve reporting. Seamless integration with the Revitas Flex platform enables pharmaceutical manufacturers to gain cross-functional visibility and enhanced analytical capabilities for their existing contracts and channel relationships in order to minimize financial risks and maximize available working capital.
“We are delighted to welcome Breakaway Technologies as the inaugural partner in the Revitas Validated Integration Program,” says Al Smith, Executive Vice President, Business Development at Revitas. “Life sciences companies generate billions of lines of data from their distribution contracts, yet not all companies effectively transform that data into actionable business intelligence. Through our partnership with Breakaway Technologies, pharmaceutical companies can fully access the hidden insights in their managed market contract data in order to optimize financial management, boost operating margins, and eliminate financial risks.”
The Revitas Validated Integration Program supports the Revitas Partner Network by validating solutions that integrate with Revitas technology. The program allows partners to work hand-in-hand with Revitas to review design documents, data flows, and test plans to ensure partner solutions fully integrate and complement the Revitas Flex platform. Revitas also provides training and early access to new product versions for its partners therefore minimizing any upgrade risks for customers.
“With more than a decade of experience in the life sciences industry, Breakaway Technologies has enabled industry leaders to leverage the power of data to optimize business operations,” said Tom Rowland, President and Founder of Breakaway Technologies. “As the first partner in the Revitas Validated Integration Program, we can fully integrate with Revitas’s robust suite of solutions to help life sciences companies of all sizes and specialties improve contract and revenue management with our advanced analytics applications.”
To qualify for the Revitas Validated Integration Program, vendors must complete both rigorous solution testing to validate alignment to market need, and a technical integration process to ensure solution fit and scalability. The program is the first in several planned extensions to the Revitas Partner Network. For more information about the Revitas Validated Integration Program, please email Al Smith at [email protected].
Revitas accelerates revenue by delivering comprehensive, integrated solutions for contract, revenue, and compliance management. Revitas enables channel-driven companies to create, execute, and manage complex contracts and incentives effectively and profitably, both on premise and in the cloud. Powered by the secure, scalable, and standards-based Flex® platform, Revitas® solutions interoperate with core business systems including CRM, CPQ, and ERP, extending the functional reach and maximizing the value of the enterprise applications ecosystem. For over 25 years, Revitas has empowered companies in world’s most challenging and highly regulated industries to boost total revenue, optimize profitability, and ensure regulatory and financial compliance. Learn more about Revitas by visiting www.revitasinc.com or blog.revitasinc.com.
About Breakaway Technologies, Inc.
Breakaway Technologies is a business performance management (BPM) firm specializing in custom analytic solutions for more than a decade. Breakaway builds processes and works with software to improve budgeting, planning, forecasting, and consolidation processes. Through its Managed Markets Gross-To-Net solution, Breakaway Technologies delivers an out-of-the box, turn-key solution for Managed Markets contract analysis, discount forecasting and reserve reporting. Learn more about Breakaway Technologies by visiting http://www.breakaway-inc.com/.
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