With escalating challenges of expense accrual reporting for clinical trials, the SEC requires all reports on controls at service organizations be performed in accordance with SSAE Type II compliance.
Beyond just automating site payments, our comprehensive offerings handle budgeting, forecasting, contract management, accruals, accounting and reporting.
Assessing and reassessing trial expenses throughout the life of the trial just got easier.
Why Does Site Management Have to Be so Complicated?
Did you know that currently most industry participants do not use an automated process to manage financial payments? Learn how to streamline payments with ClinPay, part of a suite of products designed to automate the entire financial lifecycle of global clinical trials.
Check Out Our Infographic!
Top 3 Observed Sources of Dissatisfaction Within the Clinical Trials Industry
#1. Tracking Clinical Trial Costs Against the Budget
#2. Accurately Forecasting Study Budget
#3. Timely Collection of Billables Against Milestones
SOURCE: SCRS, Industry in Crisis Position Paper, March 2014
Accelerate Your Clinical Trials and Reduce Your Workload with Clinverse’s Automated Payment Solutions for Clinical Trials
Sponsors and CROs spend upwards of 5,000 hours managing site payment during an average study. And despite all that effort, sites still wait over 65+ days for payment. We can do better!
Our proprietary technology solutions help sponsors deliver rapid and accurate payments by automating the financial management of clinical trials. It links a site’s contract terms directly to the data captured in EDC, CTMS and other systems, to generate payments. No more spreadsheets, no more manually managing multiple systems; from here on out, it’s just accurate payments—fast.
Check Out Our ClinPlan Video
LATEST BLOG POSTS
By: Jay Trepanier, Senior Vice President and General Manager, Bioclinica Financial Lifecycle Solutions Last week, Jim Sacchetta, Manager, Technical Operations, Premier Research, and I hosted a webinar titled “Clinical Trial Forecasting: Managing the Challenges...read more
By: Lauren Bailey, Corporate Marketing Manager, Bioclinica eHealth Solutions At Clinverse, we are proud to provide our clients with scalable financial lifecycle solutions that can handle global payments as well as integrate with any EDC, CTMS and RTSM. As of April 4,...read more
By: Greg Schweigert, Director of Technical Operations During my years in the clinical research industry working closely with CROs and Sponsors, I’ve seen many organizations realize the benefits of switching from manual payment processes like Excel spreadsheets, which...read more
By: Jay Trepanier, Chief Executive Officer, Clinverse Sitting in the CFO seat for several years opened my eyes to the significant role spreadsheets have played in financial management in industries such as clinical trials – and their many shortcomings in managing...read more
By: Jay Trepanier, Chief Executive Officer, Clinverse As you know, Clinverse was recently acquired by Bioclinica as part of Bioclinica’s eHealth solutions business segment. This is not only a huge accomplishment for us, but also beneficial to our valued customers and...read more
By: Jay Trepanier, Chief Executive Officer, Clinverse When it comes to achieving success in clinical trials, it truly takes a team. Sponsors, investigative sites and patients must work in partnership to complete this important work. However, with weighty matters in...read more
LATEST PRESS RELEASES
Company to Use ClinPay & ClinDebit to Manage Payments for More than 30 Global Studies DURHAM, NC — March 15, 2016 — Clinverse, Inc., provider of automated financial management technology solutions for clinical trials, announced today that a top-10 biotechnology...read more
Leading Solution Provider Expands into Financial Management Solutions for Clinical Trials DOYLESTOWN, Pa. – January 19, 2016 – Bioclinica®, Inc., a specialty clinical trials services and technology provider, announced today that it has acquired Clinverse, Inc. The...read more
DURHAM, NC — October 27, 2015 — Clinverse, Inc., provider of automated financial management technology solutions for clinical trials, announced it will sponsor OmniComm Systems’ 5th annual Innovation Forum in Delray Beach, Fla., October 29-30, 2015. The company will...read more
Clinverse Architects the New Standard for Clinical Trial Finance for Sponsors and CROs Through Improved Time, Cost and Resource Efficiencies DURHAM, NC — June 10, 2015 — Clinverse, Inc., provider of automated global financial management technology solutions for...read more
DURHAM, NC – April 29, 2015 – Clinverse, Inc., a provider of automated financial management technology solutions for clinical trials grew by 200% last year and has continued its strong momentum throughout Q1 with the addition of strategic new customers, including...read more
ClinPlan provides automated, efficient, and accurate way to assess and reassess trial expenses over time throughout the life of the trial. DURHAM, NC — February 9, 2015 — Clinverse, Inc., provider of automated financial management technology solutions for clinical...read more