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Page 1: Site Management ClinPay Overview Infographic v3€¦ · Site Management ClinPay Overview Infographic v3 Created Date: 7/14/2016 2:37:26 PM

Manual payment

calculations

Site-specificcontract terms

Manual payment &

accrual schedules

Why does site management have to be so complicated?

To learn more visit us at: bioclinica.com

Currently most industry participants do not use an automated process to manage financial payments. No transparency, unpredictable, unreliable, and inaccurate cash management (all manual processes for tracking how $$ is being expensed).

5K+HOURS

30% 27% 26% 26% 22%

Top five observed sources of site dissatisfaction within the clinical trials industry:

Tracking clinical trial costs

against the budget

#1Accurately forecasting

study budget

#2Timely collection of billables

against milestones

#3Serious Adverse Events

(SAE) reporting

#4Patient recruitment

difficulties

#5

Source: SCRS, Industry in Crisis Position Paper, March 2014

Sponsors and CROs spend upwards of 5,000 hoursmanaging site payment during an average study.

And despite all that effort, sites still wait over 65+ days for payment. We can do better!

JUNE 2015

65+DAYS

Why not streamline payments with CLINPAY?

ClinPay® is part of a suite of products designed to automate the entire financial lifecycle of global clinical trials.

Timely, automated payments

Custom tailored to link toany legacy system

Happy Site!

EDC

IVRS

CTMS

123

4

123

45

67

8 12

8374

62

747

Pay to

Tria

l Site

$X

XX

.XX

Lo

rem

Ipsu

m D

olo

res

ContractManagement

ContractTranslation

Budgeting &Forecasting

Automated PaymentGeneration

Accounting &Reporting

Financial DataAggregation

Contract

ContractContract

Contract合同

CLINPAYFinancial Lifecycle

System

ABLE TO TRANSLATE CONTRACTS & ISSUE PAYMENTS IN 140 CURRENCIES

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