Office-Smart Clinical Payment Manager

Office-Smart Clinical Payment Manager

Reduce payment processing time by more than 50%

Office-based clinical payment solution
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For clinical trial finance professionals who want their financial software to work with their study software and their Office software, TranSenda delivers the first and only Office-based clinical payment solution. Unlike other clinical trial payment systems, which function outside of office software, TranSenda’s Office-Smart Clinical Payment Manager is designed to take full advantage of the powerful Microsoft Office System. 

 

With TranSenda’s Office-Smart technology, relevant data such as subject activities and milestones captured in Excel spreadsheets can be automatically tagged and translated into invoice line items according to established payment rules. Actual payments due can be calculated based on negotiated contracts and verifiable clinical activity. With Office–Smart Clinical Payment Manager™ you can achieve full insight into what’s been paid, what is owed and what is projected for a specific time period—enabling you to manage and control your clinical budgets.  Insight into financial status includes always knowing accrued totals in real-time for the current payment period.

Turn the investigative grant payment process into a profit center

Most financial systems don’t have the functions or the flexibility needed to efficiently track payments specific to clinical trials. And manual payment calculation can involve extensive sorting through trial activity and contracts—a process that takes time, limits visibility and is often prone to error. It also results in the #1 complaint of investigators—a lack of timely and accurate payments. Offered as both a stand-alone system or fully integrated with TranSenda’s Office-Smart Clinical Trial Manager™, Office-Smart Clinical Payment Manager will work with your Office software to maximize efficiency. An Office-Smart clinical payment solution can turn your payment process into a source of profit instead of frustration.

Office-Smart Technology

  • Takes advantage of the Microsoft Office System
  • Simplifies processes to increase productivity
  • Saves time and money
  • Reduces errors
  • Leverages current investments in Microsoft Office tools and spreadsheets
Office-Smart Clinical Payment Manager screen
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Clinical Payment Manager Key Benefits

  • Improve productivity by fully leveraging Microsoft’s Office System, including Access, Excel, Outlook and Word, in  concert with Office-Smart Clinical Payment Manager
  • Reduce errors by ensuring payments are tied to study-specific payment rules and verifiable clinical activity
  • A simplified user experience that integrates the familiar Microsoft Office environment with a payment solution built specifically for clinical trials
  • Eliminate the frustration and inefficiency from disconnected financial systems by using clinical payment software that connects people and data in ways that are “Office-Smart“
  • A single Office-centric source for critical study payment data and documents greatly simplifies the payment process and enables you to take control of your clinical budget
  • Streamlines clinical site payments by using achieved clinical milestones to generate and track payment requests
  • Reduces time required to produce a real-time view of payment status, included current accrued payments due
  • Timely reports ensure investigative grants are paid on time and in the correct amounts
  • Accurate and on-time payments will enhance your company’s relationships with clinical investigators
  • Connecting Clinical Payment Manager to Microsoft Office SharePoint Services makes insightful metadata available for configurable dashboards, reports, workflow and more
  • A natural next step to bring your current favorite Office tools and financial spreadsheets into the regulated world of your clinical trial applications 


Clinical Payment Manager Key Features

  • Flexible study budget includes multiple contract version tracking, allowing study-specific payment rules methodology to apply on a site-specific basis
  • Unique payment programs can be designed for each service provider and investigator site
  • Ability to handle multiple payee types including investigators, contractors, vendors, and ad hoc
  • Track payments made to date, including accrued, in real-time against total study budget at study, site and subject levels
  • Actual payments due calculated on subject activities and milestones—can also be captured in Excel and automatically translated into invoice line items per payment rules
  • Supports currency exchange rate calculations for international sites
  • Payment details help ensure compliance with Sarbanes-Oxley and support emerging investigator payment laws
  • Microsoft SharePoint Services 2007 capabilities include fully encrypted Single Sign-On access, permission based portal collaboration, basic document management, and search through document  titles and metadata
  • Flexible Microsoft dashboard technology enables the display  of secure real-time data in a wide variety of configurable formats on a need-to-know basis
  • System validation is facilitated through embedded features, text scripts and documentation
  • Patent-pending ClinBUS® data interchange technology provides multiple options for connecting to 3rd party applications, such as accounting systems and EDC
  • Offered stand-alone or fully integrated with TranSenda’s proven CTMS— Office-Smart Clinical Trial Manager


Want to learn more about how BioClinica's Office-Smart Clinical Payment Manager can benefit your clinical trials? Request a demo today!