transforming the business of clinical trials

Integration/Transaction/Settlement

CFS, has leveraged its clinical trial domain expertise and combined this knowledge with innovative web based technologies to develop a proprietary clinical trial agreement application which manages the complete protocol subject visit life cycle from the initial set-up to the final close out. Our data experts work with our sponsor clients to optimize the most practical and efficient means of capturing the set up and ongoing visit data.Once the visit data is successfully translated, transformed and accurately integrated we process the information based on the terms and conditions of each and every clinical trial agreement within the selected and supported protocol(s).

As the industry knows this process is complex and ever changing. At CFS our people, processes and technology support the following mega processes:

  • Protocol Management – set-up and maintenance through close out
  • Amendment Management – includes a history of all changes
  • Site/Investigator contract management - all transactional terms and conditions
  • e-Billing Creation – including batch controls
  • Financial Web Services Integration to SAP – including two-way transactional integrity

In addition to the financial and administrative benefits our system and processes can provide a sponsor key operational business intelligence

Strategic Benefits

• Improved Investigator relationships

• Improved Cash Flow and Treasury visibility

• Compliance with service level agreements

• Unsurpassed and accessible operational business intelligence

• Enhanced compliance and control

• Proactively support the use of EDC and CDISC where and when possible

Key Features

Key features of this unique innovative approach:

• Auditable and accessible information tied to downstream financial payment processes

• Virtual access to enterprise information via the internet

• Unsurpassed Audit Capabilities for both the Sponsor and their Sites

• Access to information by country, local currency and when applicable value added tax

• Quality information and insight due to the data cleansing performed to ensure accurate and timely payment information

• Complete Transparency via our Site and Sponsor Portals

• Focused results - this is all we do and we do it very well