 |
Contract Management
Contract Management The process of developing, negotiating and executing Clinical Trial Agreements with investigative sites is critical to the successful initiation of any study. Key start-up activities—from drug shipment and IRB approval to patient randomization—hinge on the timely execution of that process. And yet, many sites report frustration with inefficient contracting processes that affect their ability to meet enrollment goals. CFS offers a comprehensive suite of Contract Management services that accelerate contract cycle times, minimize financial risk and improve your relationships with your investigative sites. In addition, you will free up internal resources that can be redeployed to other critical start-up activities when you outsource to CFS. Strategic Benefits • Implement a standardized approach to the investigator contracting process • More efficiently manage the development, negotiation and execution of Clinical Trial Agreements between all key stakeholders • Accelerate cycle times—enabling faster study initiation • Reduce overall clinical trial costs through shorter cycle times and the ability to redirect resources to other value-added activities Key Features When you engage CFS for Contract Management services, you enjoy access to: • A highly skilled team of contract professionals with relevant industry experience and expertise • Project and portfolio dashboards that support tactical project and strategic program management, facilitate transparent collaboration and serve as an online data repository • Proprietary Negotiation Tracking System (NTS) that provides an automated workflow of the contract process from initial development through final execution. • Site profiles which streamline future negotiations and eliminate redundant work for both you and your sites • Online document management with version control • Robust, real-time status reports and cycle-time metrics • Electronic storage of all contracts, budgets and related documents The Contract Management Services organization provides a Budget Negotiation, Contract Negotiation, and Contract Administration services that are specifically tailored to meet your needs |