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ClinPay-Express Infographic 2016_FINAL

Lauren Carr
Lauren Carr

Automating clinical trial payments through integration with EDC systems can streamline the payment process, improve transparency, and increase site satisfaction. ClinPay is a solution that integrates payment processes with EDC systems like Bioclinica's Express to allow for timely and accurate payments. This helps motivate sites to complete data entry quickly and gives sponsors real-time access to trial data for improved decision making and execution.

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AUTOMATING CLINICAL TRIAL PAYMENTS WITH EDC INTEGRATION EDC/ EXPRESS INSTIT UTIONS SITE S SITE S SITE S INSTIT UTIONSREGUL ATORY TRIAL INSTIT REGUL ATORY MANUAL PAYMENT SYSTEMS MANUAL DATA COLLECTION PAYMENT DELAYS INVESTIGATOR & SITE DISSATISFACTION 2/3 Site 1 Site 2 ENROLLMENT Site 3 Site 4 25% 90% 70% 75% ! You can respond quickly to site performance issues and make informed decisions about your trial. REAL-TIME DATA ACCESS BETTER DECISION MAKING IMPROVED TRANSPARENCY FASTER RESULTS CURRENC Y CONVERSIONS REFOREC ASTING CHANGES TAX C ALCULATIONS 30 60 90 ESTIMATED ACTUAL TAX C ALCU S CONT RACT TERMS Nearly 2/3 of sites only complete one study because they become dissatis鍖ed with the process and payments, and the remaining sites become saturated with clinical trials, making it dif鍖cult to complete cost-effective, timely trials. It's easy to keep sites and investigators happy with ClinPay, a BIOCLINICA eHEALTH SOLUTION that integrates all payment processes in one location for timely, accurate payments. For transparency, its a win-win. You get real-time messaging about site status, and sites get answers to their payment questions at their 鍖ngertips. Motivated sites complete data entry sooner, speeding up payments. Timely EDC data entry results in better, more accurate payments and gives you immediate data access for overall improved trial execution. Better, more accurate payments Immediate data access Improved trial execution Copyright 息 2016 Bioclinica. All rights reserved. Why are trial payments so complicated? Using manual systems to manage payments to sites, vendors, and institutions makes managing trial 鍖nances complicated. Its dif鍖cult to gather information from multiple data sources and even harder to manually check various schedules, spreadsheets, and reports just to compile and evaluate data needed for payments. Factor in currency conversions, taxes, protocol changes, and review of contract terms, and you end up with payment delays and ultimately site and investigator dissatisfaction. TAX ClinPay automates the entire 鍖nancial lifecycle of a clinical trial investigator contract and uses robust standards to seamlessly integrate with any EDC, including Bioclinicas Express. ClinPay provides visibility into your study and the 鍖nancial status of investigator contracts, increasing site and investigator satisfaction and ultimately protecting your investment. Real-time access to your EDC trial data and audit trail provides the insight you need, including quality metrics for risk-based monitoring. QUEST IONS ANSWERED Q A REAL- TIME UPDATES TRIAL DURATION ACTUAL ESTIMATED CONTRACT MANAGEMENT BUDGETING & FORECASTING PAYMENT GENERATION FINANCIAL REPORTING FINANCIAL DATA AGGREGATION EDC/ EXPRESS

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ClinPay-Express Infographic 2016_FINAL

  • 1. AUTOMATING CLINICAL TRIAL PAYMENTS WITH EDC INTEGRATION EDC/ EXPRESS INSTIT UTIONS SITE S SITE S SITE S INSTIT UTIONSREGUL ATORY TRIAL INSTIT REGUL ATORY MANUAL PAYMENT SYSTEMS MANUAL DATA COLLECTION PAYMENT DELAYS INVESTIGATOR & SITE DISSATISFACTION 2/3 Site 1 Site 2 ENROLLMENT Site 3 Site 4 25% 90% 70% 75% ! You can respond quickly to site performance issues and make informed decisions about your trial. REAL-TIME DATA ACCESS BETTER DECISION MAKING IMPROVED TRANSPARENCY FASTER RESULTS CURRENC Y CONVERSIONS REFOREC ASTING CHANGES TAX C ALCULATIONS 30 60 90 ESTIMATED ACTUAL TAX C ALCU S CONT RACT TERMS Nearly 2/3 of sites only complete one study because they become dissatis鍖ed with the process and payments, and the remaining sites become saturated with clinical trials, making it dif鍖cult to complete cost-effective, timely trials. It's easy to keep sites and investigators happy with ClinPay, a BIOCLINICA eHEALTH SOLUTION that integrates all payment processes in one location for timely, accurate payments. For transparency, its a win-win. You get real-time messaging about site status, and sites get answers to their payment questions at their 鍖ngertips. Motivated sites complete data entry sooner, speeding up payments. Timely EDC data entry results in better, more accurate payments and gives you immediate data access for overall improved trial execution. Better, more accurate payments Immediate data access Improved trial execution Copyright 息 2016 Bioclinica. All rights reserved. Why are trial payments so complicated? Using manual systems to manage payments to sites, vendors, and institutions makes managing trial 鍖nances complicated. Its dif鍖cult to gather information from multiple data sources and even harder to manually check various schedules, spreadsheets, and reports just to compile and evaluate data needed for payments. Factor in currency conversions, taxes, protocol changes, and review of contract terms, and you end up with payment delays and ultimately site and investigator dissatisfaction. TAX ClinPay automates the entire 鍖nancial lifecycle of a clinical trial investigator contract and uses robust standards to seamlessly integrate with any EDC, including Bioclinicas Express. ClinPay provides visibility into your study and the 鍖nancial status of investigator contracts, increasing site and investigator satisfaction and ultimately protecting your investment. Real-time access to your EDC trial data and audit trail provides the insight you need, including quality metrics for risk-based monitoring. QUEST IONS ANSWERED Q A REAL- TIME UPDATES TRIAL DURATION ACTUAL ESTIMATED CONTRACT MANAGEMENT BUDGETING & FORECASTING PAYMENT GENERATION FINANCIAL REPORTING FINANCIAL DATA AGGREGATION EDC/ EXPRESS