Benefits for CROs

Solutions for CROs

For a CRO negotiating 35 proposals per year for studies that average $5.5M in fees, averaging 3 iterations per bid and 2 change orders per study, ClearTrial Plan for CROs can save over US$1.4MM per year.

Sample CRO profile:
RFPs negotiated per year: 35
Average study fees ($US): 5.5M
Average # iterations per proposal: 3

Estimated annual savings for CRO*
Proposal Process $165,000
Increased throughput & win rate $845,000
Improved communication & fewer errors $342,000
Training & system maint cost savings $55,000
TOTAL SAVINGS $1,407,000

Contract Closure time 42 days faster
*All figures above are estimates for representative purposes only and are in no way intended as a guarantee of actual results.