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CLINPAY®
Investigator and Vendor Payments for Clinical Trials
As the new standard for automating the financial lifecycle of global clinical trials,
Bioclinica helps sponsors and CROs reduce workload and costs while improving
transparency and control.
By partnering with Bioclinica, SPONSORS AND CROS BENEFIT FROM:
ClinPay® is part of a suite of
products designed to automate
the entire financial lifecycle of
global clinical trials, including
the translation and import of
contract terms, investigator
and vendor payments,
multi-currency management,
and financial reporting and
compliance.
What’s in it FOR YOU?
Increased efficiency in start-up process
> Intuitive design is simple to use.
ClinPay was designed by experts with deep knowledge and expertise in clinical trials
and finance, specifically with a view towards optimizing clinical trials.
> Simply leverage the automation and let the technology take care of the rest.
Bioclinica works closely with our clients to set up, configure, and rigorously test through
a full UAT process, so you’re ready to hit the ground running once the system is live.
Measurable return on investment
> Clinical operations staff can reduce time and resources spent on off-task financial and
administrative duties by as much as 70%.
> Business process optimization leads to significant cross-functional savings across the organization.
> Elimination of end-of-trial reconciliation and site inquiries.
> Substantial increase in site satisfaction.
> Finance and clinical teams have complete, real-time access and visibility into the financial
status of their clinical trials.
Increased competitive advantage
> Attract and retain high-enrolling, high-performing sites to your studies.
> Complete studies on time or early.
> Enhance site relationships and influence site behavior.
> Real-time automated contract amendment management.
> Increased overall accuracy and transparency for sites.
CLINICAL TRIAL
$
North America: +1 877-325-1122 / [email protected] / bioclinica.com
CLINPAY®
Nuts and Bolts…
V1 MAY2016
FINANCE
> “Just-in-time” funds management
> Automate change management
> Multi-currency management
> Invoice management
> Real-time reconciliation
> Least-cost payment routing
OPERATIONAL LOGISTICS
> Flexible, efficient implementation
> Seamless integration
> Configurability
> Notification engine
> Configurable approvals
CLINICAL OPERATIONS
> Simplified contract terms
> Site access and performance
> Flexible payment terms and frequency
> Reduction of site inquiries
> Manage changed data
> Manage amendments
TRANSPARENCY
> Customized user access
> Dashboard view
> Sponsor/CRO expense view
> Site access and visibility
> Improve transparency reporting and
compliance
GLOBAL CAPABILITIES
> Global currencies and accessibility
> Regional settings
> Real-time foreign exchange rates
> Track VAT, GST etc. taxes
SERVICES
> Full-service outsourcing or knowledge
transfer service options
> Onsite and remote training services
> Focused financial management consulting
support and services
> Dedicated phone/email support for all
end users
Bioclinica’s automated solution streamlines the financial lifecycle of clinical trials
end-to-end. For more information about our financial lifecycle solutions, please
contact Bioclinica at [email protected].
North America: +1 877-325-1122 / [email protected] / bioclinica.com
