CLINICAL PAYMENT MANAGER
Take Control of Your Clinical Budget
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Most financial systems don’t have the functions or the flexibility needed to track payments specific to clinical trials. Manual clinical payment calculation can involve extensive sorting through trial activity and contracts. This process takes time, limits visibility and is often prone to error. It also results in the #1 complaint of Investigators – a lack of timely and accurate payments. |
Product Sheet |
TranSenda has designed a modular application that not only allows you to take control of your clinical budget, but also provides the detail to make sure your payment practices meet current Sarbanes-Oxley compliance. With Clinical Payment Manager™ you can create and manage clinical budgets, providing full insight into what's been paid, what is owed and what is projected for a specific time period. Additionally, real-time views of site and supplier payment status saves time while increasing communication internally and externally.
Manage Multiple Site Payments
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Whether you are a Sponsor or a CRO, Clinical Payment Manager will allow you to design payment programs for each individual service provider and investigator site and calculate the actual payment due based upon your negotiated contracts and verifiable clinical activity. Offered as both a stand- alone system or fully integrated with TranSenda's Clinical Trial Manager™, Clinical Payment Manager will utilize clinical milestones to generate and track payment requests. |
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Benefits
- Streamlines clinical site payments based on achieved milestones
- Easy to setup using template-based study configuration wizard
- Reduces time required to produce a real-time view of payment status
- Accurate and on-time payments will enhance your company's relationships with clinical investigators
- Includes features required to deploy a validated system
Features
- Applies study budget template individually to investigative sites allowing unique adjustments
- Tracks payments made to date against total study budget at study, site and subject levels
- Ability to handle multiple payee types (investigators, contractors, vendors, ad hoc, etc.)
- Creates study-specific payment rules methodology template and applies on a site-specific basis
Technology Overview
Web-Based Technology
TranSenda's modular applications are web-enabled by design, providing secure, flexible universal access for all users regardless of their locations, and eliminating the administrative headaches of installing and updating software on multiple workstations.
Integration Capabilities
TranSenda's open standards architecture, based upon Microsoft's .NET technology, allows our applications to integrate with legacy systems and other solutions in the TranSenda Central system of integrated, modular clinical trial applications. The platform allows for the exchange and presentation of data from multiple systems to internal and external users in real-time utilizing industry standards such as CDISC or other XML-based conventions. Maximum interoperability is maintained through links to outside third-party applications or databases for complete end-to-end trial management.
The Platform
Because all solutions are built upon TranSenda's Clinical Trial Process Platform, TranSenda's proprietary process-based platform, the solutions inherit characteristics that impart extraordinary manageability and maximum scalability. By utilizing applications built upon the platform, business logic and workflow can be applied to create universal exchange and presentation of data from multiple systems to internal users and sponsors in real-time. Our no-code-required™ technology enables unprecedented process control, allowing efficient creation and modification of workflow to remain in compliance with business and regulatory requirements. In addition, the platform supports 21 CFR Part 11 compliance for all TranSenda applications.
Hosting Services
If you have limited IT resources or wish to minimize your infrastructure investment in order to simplify system management, TranSenda offers hosting services for all applications.
