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CLINPLANFor trial cash management and financial forecasting
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.
With ClinPlan, SPONSORS AND CROS BENEFIT FROM...
North America: +1 877-325-1122 / [email protected] / bioclinica.com
ClinPlan allows Sponsors and CROs
to efficiently and frequently assess
trial expense needs based on
activities such as site and subject
enrollment in order to forecast
funds necessary to support the
ongoing expenses of a clinical trial.
Users can be proactive with ClinPlan,
helping to facilitate decision-making
when study changes occur. This
automation fosters collaborative,
more accurate financial reporting
and reduces the variance between
budgeted and actual expense views
to help accelerate valuable new
drug products to market.
What’s in it FOR YOU?
Rolling forecast
> Store baseline forecasts and actuals as the study progresses to allow for reforecasting accuracy.
> Reduce time operations staff spend on analyzing individual vendor budget spreadsheets to
manage the total trial forecast.
> Ongoing forecast to actuals to adjust the future forecast based on the actual data.
Cashflow and expense management
> Import global expense profiles for participating geographic regions, site activation/enrollment
data, and expected schedule of assessment profiles and related expenses.
> Evaluate and reevaluate costs using actual trial data once operational activity begins, to show
how the status of the study impacts the funds necessary, preventing under- or over-requesting
for funds.
Improved forecast predictability
> Highly accurate funding requests.
> Reforecast trial expenses regularly by importing real-time data, resulting in proactive
decision-making and reduction in variance between budgeted and actual expenses.
> Strengthen Sponsor-CRO relationships and retain high-enrolling, high-performing sites
for your studies.
TRIAL BUDGET
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t
Enrollm
ent
Mainten
ance
Start-up
TRIAL DURATION
$
TRIAL DURATION
$ E
XPEN
SE
Variance
Mainten
ance
Start-up
$$
Estimated budget Forecasted budget
Start-up
Enrollm
ent/
Mainten
ance
Close-ou
t
Enrollm
ent
Close-ou
t
Variance
Start-up
Close-ou
t
North America: +1 877-325-1122 / [email protected] / bioclinica.com
CLINPLAN
Key functions
V1 MAY2016
> Define expense categories or use
established defaults.
> Assign activities to study phase.
> Define geographic regions and the number
of activated sites for each.
> Define costs for different regions/countries
and subject or non-subject costs.
> Forecast sites, subjects, and enrollment
over time.
> Reforecast study expenses based on
actuals, identify delays, and determine
effects.
> Use modeling capabilities for what-if
scenarios.
> Modify base dates and reforecast all
expenses.
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].
