Clinical Trial Budget Management

Study Budget

This solution has the capability to help define budgets right at the study level based on different scenarios. The budgets are allocated based on different factors such as subject visits, sites, etc.

Site Budget

With the integration of this solution, site budget preparation is convenient. Moreover, managing it is easy by setting fixed costs &pass through expenses. It determines a total budget meant for site.

Financial Forecast

This solution is embedded with automation & tracking potential of actual costs of investments. Under this, onsite management, subject visit tracking, data collection, & other aspects are considered.

Budget Methodology

Budget methodology capabilities are meant for bringing activity-based costing for both study and site level. All costs & budgets determined before-hand will help in better operational efficiency

Payment Rollup

Possesses the integrations of pre-built roll-ups where the budget aspects are considered on priority and are rolled up from the subject visit payments, sites, tasks and pass through payments.

Budget Variance

This capability within the solution is meant to derive real-time visibility and track the actual costs, forecasts, budgeted costs, and variances to help enhance operational performance.

Integrated

The solution is built over the Salesforce platform is integrated into investigator portal, patient recruitment, study start-up & others. It is also integrated with workflow automation & collaboration.

Scalable

It is integrated upon Salesforce platform that makes it scalable for global clinical trial operations without much investment to be done upon hardware. It is also scalable for study phases.

Automation

This solution is built on Salesforce platform that integrates workflow automation that automates several processes for proactive management of a clinical trial budget to stay on top of the charts.

Budget Templates

It has featured integrations with budget templates that consist of pre-estimated costs for different assumptions and scenarios. It is eventually meant for speeding up the process of budget creation.

Collaboration

Budget management team can now collaborate with sites in real-time with integration of this capability onto the solution. It will help the team to share draft, review, negotiate, & get approvals done.

Reports & Dashboards

This solution has dashboards that are meant for displaying metrics on budget tracking, forecast variance, and other such reports. Along with that, it also allows the team to create new reports.