clinplan data sheet v2 (web)

2
With ClinPlan, Sponsors and CROs can efficiently and frequently assess trial expense needs based on acvies, such as site and subject enrollment, in order to proacvely plan for funds necessary to support the needed ongoing expenses of a clinical trial. Users can be proacve, with ClinPlan helping to facilitate decision-making when study changes occur. This automaon fosters collaborave, more accurate financial reporng and reduces the variance between budgeted and actual expense views, to help speed valuable new drug products to market. What’s in it for you? for trial budget management and forecasng www.clinverse.com 877.325.1122 With ClinPlan, Sponsors and CROs benefit from... Reducon in Variance Reforecast trial expenses regularly by imporng real-me data, resulng in proacve decision-making and reducon in variance between budgeted and actual budgets. Strengthen Sponsor-CRO relaonships and retain high- enrolling, high-performing sites for your studies. Beer Cash Management Import global expense profiles for parcipang geographic regions, site acvaon/enrollment data, and expected schedule of assessment profiles and related expenses. Evaluate and reevaluate costs using actual trial data once operaonal acvity begins, to show how the status of the study impacts the funds necessary, prevenng under- or over- requesng for funds. Consolidated Budgets Store and maintain budgets in one locaon from a variety of vendors and sources that contribute to total trial expense. Reduce me operaons staff spend on analyzing individual vendor budget spreadsheets to manage the total trial budget. Close-out Enrollment Maintenance Start-up TRIAL DURATION $ T TRIAL BUDGET $ EXPENSE Variance Ma Start-up $ $ Estimated budget Forecasted budget Start-up Enrollment/ Maintenance Close-out Enrol Close-out e Start-up Close-out

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Page 1: ClinPlan Data Sheet v2 (WEB)

With ClinPlan, Sponsors and CROs can effi ciently and frequently assess trial expense needs based on acti viti es, such as site and subject enrollment, in order to proacti vely plan for funds necessary to support the needed ongoing expenses of a clinical trial. Users can be proacti ve, with ClinPlan helping to facilitate decision-making when study changes occur. This automati on fosters collaborati ve, more accurate fi nancial reporti ng and reduces the variance between budgeted and actual expense views, to help speed valuable new drug products to market.

What’s in it for you?

for trial budget management and forecasti ng

www.clinverse.com • 877.325.1122

With ClinPlan, Sponsors and CROs benefi t from...

Reducti on in Variance ❱ Reforecast trial expenses regularly by importi ng real-ti me

data, resulti ng in proacti ve decision-making and reducti on in variance between budgeted and actual budgets.

❱ Strengthen Sponsor-CRO relati onships and retain high-enrolling, high-performing sites for your studies.

Bett er Cash Management ❱ Import global expense profi les for

parti cipati ng geographic regions, site acti vati on/enrollment data, and expected schedule of assessment profi les and related expenses.

❱ Evaluate and reevaluate costs using actual trial data once operati onal acti vity begins, to show how the status of the study impacts the funds necessary, preventi ng under- or over-requesti ng for funds.

Consolidated Budgets ❱ Store and maintain budgets in one locati on from a variety of

vendors and sources that contribute to total trial expense.

❱ Reduce ti me operati ons staff spend on analyzing individual vendor budget spreadsheets to manage the total trial budget.

Close-ou

t

Enrollm

ent

Mainten

ance

Start-up

TRIAL DURATION

$

TRIAL DURATION

TRIALBUDGET

$ 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

Page 2: ClinPlan Data Sheet v2 (WEB)

Clinverse, Inc. architected the industry’s fi rst end-to-end technology soluti on that automates the fi nancial lifecycle of global clinical trials. Powered by our secure technology platf orm, our soluti on standardizes clinical trial fi nance and manages millions of fi nancial transacti ons across the globe, including clinical site payments. Used by leading BioPharma companies, our clients benefi t from reduced workload, ti me, and costs gained through automati on and unprecedented transparency and workfl ow. For more informati on, please visit www.clinverse.com.

About

www.clinverse.com • 877.325.1122©2015 Clinverse, Inc. All rights reserved.

Key Functi ons

ClinPlan fi lls the gap between budget management and reforecasti ng of ongoing expenses during the trial. When integrated with ClinPay, trial teams can make accurate and ti mely investi gator payment while also understanding when the trial expenses will be incurred over ti me as changes (i.e., protocol amendments, lagging site enrollment, etc.) are made. Contact us to see how.

for data mining and reporti ng

for subject reimbursement

for investi gator and vendor payments

❱ Defi ne expense categories or use established defaults.

❱ Assign acti viti es to study phase.

❱ Defi ne geographic regions and the number of acti vated sites for each.

❱ Defi ne costs for diff erent regions/countries and subject or non-subject costs.

❱ Forecast sites, subjects, and enrollment over ti me.

❱ Reforecast study expenses based on actuals, identi fy delays, and determine eff ects.

❱ Use modeling capabiliti es for what-if scenarios.

❱ Modify base dates and reforecast all expenses.

®

for contract import automati on

for site fi nancial process transparency

1.877.325.1122 [email protected]

Available Future