Save money with Clinical Conductor

Clinical Conductor Site CTMS includes the most powerful financial analysis and reporting capabilities available in any clinical trial management system. The one-size fits all financial software you use to run your organization was never meant to perform detailed analysis of your studies. With Clinical Conductor Site CTMS, you’ll empower all of your business decisions through total financial oversight. The powerful report library provides an audit trail of all financial activity, so you’ll never lose sight on who is doing what within your organization.
PROFIT & LOSS
Payables and Receivables
  • Track and summarize billed services and payments
  • Enable prompt follow-up on overdue invoices
  • Improve information share among multiple employees in billing department
  • Convenient tool for showing summarized expenditures and revenue
  • Overview of full financial picture including Accounts Receivable
  • Assists cash flow management by projecting accrued services which are unbilled
Profit-and-Loss
  • Improve financial control through early warning of possible shortfalls or financial risks
STUDY BUDGETS 
Create Both Variable and Fixed Budgets
  • Rapid views of patient-related budgets, costs and earnings - including stipends
  • Access to Study and Element (element is the term for visit procedures) cost summaries in a user-friendly format
  • Provides overall budget for both patient-related and non-patient related costs
  • Improves oversight of finances by tracking continually accruing financial commitments, as well as incurred out-of-pocket expenditures
STIPENDS 
Issuing Stipends
  • Reduce risk of accidentally missing stipend expenditures in your budget
  • Provides a detailed audit trail of stipend issuance for added security
  • Scheduled visits trigger need for stipends, providing convenience through optional pre-printing of checks
  • Enhances security by enabling cross-check of stipends amounts and separating pre-printing from actual issuance to control the stipend process
REIMBURSEMENT
Provider Reimbursement
  • Provides convenience and accuracy when paying third-party providers and for services with an itemized statement of services performed
  • Generate convenient monthly reimbursement statements by provider
Pharma Reimbursement
  • Improve cash flow by invoicing sponsors and tracking provider reimbursement by individual elements-before the full visit is complete
MARKETING
Marketing ROI
  • Track marketing effectiveness for all marketing activities: CC automatically generates return on investment data, which is essential for making smarter marketing decisions and maximizing marketing dollars spent
"WHAT IF" ANALYSIS
What-If Analysis
  • Assess study profitability before signing up
  • Improve cost and profit estimation
  • Assess unlimited variety of scenarios, including the effect of price variables on study costs and profitability
EFFICIENCY TRACKING
Efficiency Tracking
  • Provides rapid assessment of appointment execution, enrollment process and recruitment efficiency - areas which directly impact costs
INTEGRATION TO FINANCIAL SOFTWARE
Data exchange between CC and your financial software, including QuickBooks
  • Reduce need for mutual keying in of data
  • Reduce risk of data entry errors
Added Benefits you wont find in your standalone financial software
  • Financial analysis by patient and visit procedure details
  • Tracking of accrued costs on a current and projected basis
  • “What-if” style analysis of real world study scenarios
  • Automatic calculation of reimbursement and fees based on actual work performed
  • Flexible business rules that enable management of finances on a visit and study basis
Call 877-279-8377 to schedule your demo today!