About Us
Clinical Financial Services (CFS) is the only company in the clinical trials industry that offers comprehensive business and financial management services for clinical trials. Our team brings an in-depth understanding of the clinical trial process, including clinical trial budgets and agreements, contract negotiation and administration, regulatory documentation, and finance and accounting. This focused expertise, combined with innovative processes and integrated technology, allows us to deliver high-quality, efficient and cost-effective service solutions that address critical site activation and financial issues that affect the clinical trial process today.
We empower our clients to initiate and successfully complete clinical trials by enabling them to improve quality, focus on their core competencies, and reduce cycle times and costs—with the end result of bringing their products to market faster. We also ensure that our clients will be in compliance with the federal aggregate spend reporting requirements (Sunshine Act) that come into effect on January 1, 2012. Since CFS was founded in 2001, we have established a strong foothold in the industry by:
- Providing services for a host of clinical trial sponsors, including 6 of the top 20 biopharmaceutical companies
- Processing hundreds of millions of dollars in transactions related to clinical trial activity around the world
- Developing relationships with thousands of investigative sites, site management organizations, hospitals and academic medical centers
- Processing more than 40,000 financial disclosure and other regulatory documents
- Negotiating, managing and administering thousands of clinical trial agreements with individual investigators, dedicated research sites, academic medical centers, major medical centers and various government agencies
- Adopting technologies from such renowned corporations as EMC, SAP, Microsoft and Salesforce.com
- Establishing a partnership with the global powerhouse bank and investment firm Wells Fargo
- Engaging with Deloitte & Touche, LLP, for audit and enterprise risk services
- Using best-in-class tax and legal experts to extend our global reach
- Maintaining associations with multiple industry organizations, including the Drug Information Association, Association of Clinical Research Professionals, International Accounts Payable Association, American Institute of Certified Public Accountants, and Canadian Institute of Chartered Accountants
