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AUTOMATING CLINICAL TRIAL PAYMENTS WITH EDC INTEGRATION E D C / E X P R E S S I N S T I T U T I O N S S I T E S S I T E S S I T E S I N S T I T U T I O N S R E G U L A T O R Y TRIAL I N S T I T R E G U L A T O R Y 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 C U R R E N C Y C O N V E R S I O N S R E F O R E C A S T I N G C H A N G E S T A X C A L C U L A T I O N S 30 60 90 ESTIMATED ACTUAL T A X C A L C U S C O N T R A C T T E R M S Nearly 2/3 of sites only complete one study because they become dissatisfied with the process and payments, and the remaining sites become saturated with clinical trials, making it difficult 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, it’s a win-win. You get real-time messaging about site status, and sites get answers to their payment questions at their fingertips. 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 © 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 finances complicated. It’s difficult 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 financial lifecycle of a clinical trial investigator contract and uses robust standards to seamlessly integrate with any EDC, including Bioclinica’s Express. ClinPay provides visibility into your study and the financial 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. Q U E S T I O N S A N S W E R E D Q A R E A L - T I M E U P D A T E S TRIAL DURATION ACTUAL ESTIMATED CONTRACT MANAGEMENT BUDGETING & FORECASTING PAYMENT GENERATION FINANCIAL REPORTING FINANCIAL DATA AGGREGATION E D C / E X P R E S S

ClinPay-Express Infographic 2016_FINAL

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AUTOMATING CLINICAL TRIALPAYMENTS WITH EDC INTEGRATION

ED

C/E

XPRESS

INSTI

TUTIONS

SIT

ES

SIT

ES

SIT

ES

INSTI

TUTIONS

RE

GU

LATORY

TRIAL

INSTI

T

RE

GU

LATORY

MANUAL PAYMENT SYSTEMS

MANUAL DATA COLLECTION

PAYMENTDELAYS

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

IMPROVEDTRANSPARENCY

FASTER RESULTS

CU

RR

EN

CY CONVERSIONS

RE

FO

REC

ASTING CHANGES

TA

X C

ALCULATIONS

30 60 90ESTIMATED ACTUAL

TA

XCALCU S

CO

NTR

ACT TERMS

Nearly 2/3 of sites only complete one

study because they become dissatisfied

with the process and payments, and the

remaining sites become saturated with

clinical trials, making it difficult 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, it’s a win-win.

You get real-time messaging

about site status, and sites get

answers to their payment

questions at their fingertips.

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 © 2016 Bioclinica. All rights reserved.

Why are trial payments socomplicated?Using manual systems to

manage payments to

sites, vendors, and

institutions makes

managing trial finances

complicated. It’s difficult

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

financial lifecycle of a clinical trial

investigator contract and uses

robust standards to seamlessly

integrate with any EDC, including

Bioclinica’s Express.

ClinPay provides visibility

into your study and the

financial 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.

QU

EST

IONS ANSWERED

Q A

RE

AL-

TIME UPDATES

TRIAL DURATION

ACTUAL

ESTIMATED

CONTRACTMANAGEMENT

BUDGETING &FORECASTING

PAYMENTGENERATION

FINANCIALREPORTING

FINANCIAL DATAAGGREGATION

ED

C/E

XPRESS