Clinpay FLS Helps You Compete in
Today’s Clinical Trial Landscape.
Sites care about accurate and timely payments for their clinical trials—especially as they fall under increasing cash flow pressure.
And in today’s competitive clinical trial site landscape, inefficiency in this capacity can impact viability.
A recent survey of over 100 sites identified timely and accurate payments as the top issue for sites in determining a sponsor of choice—so you don’t want to be the sponsor with the reputation for late and inaccurate payments.
By automating the payment process, Clinverse ensures sites receive their payments in weeks and those payments directly match the contract specifications.
Clinical Trial Managers and Coordinators currently manage dozens of spreadsheets covering all manner of financial information.
To make the clinical trial process more efficient, ClinPay automates all those financial documents, storing the information online so that it can easily be viewed and reported upon—sans spreadsheet.
Accelerate Your Accruals
Clinical Trial Managers spend an average of over 80 hours managing accruals during the life of a study—that’s two work weeks!
With ClinPay, accruals are automatically calculated with the push of a button and ready for review minutes after the request is made.
Accelerate the accrual process—and save time to work on what really counts for your study to be a success.
Spend Time Managing Your Studies—Not Your Finances
Despite efforts to standardize every contract seems to have something unique about it, requiring you to ensure those difference are accurately reflected in payments and accruals
ClinPay’s Contract Translation Engine translates all the specific terms of each contract into a set of rules that can then be automatically triggered to generate each site’s unique payments.
And, ClinPay can handle all those particularly challenging terms like holdbacks, mark ups, unscheduled visits, advertising, equipment—automatically.
Global Payments for International Clinical Trials
Managing global trials means managing multiple currencies and can pose certain unique challenges.
Clinverse understands this: it’s why we built our system from the ground up—so we can manage multiple currencies with ease.
Clinverse knows that control over payments is a primary responsibility of all clinical trial managers. So we’ve built our system from the ground up to provide the degree of control you need to do your job well.
With our software, you can custom-configure your review and approval settings for every type of payment—and the workflow that’s behind developing these approvals.