Costing & Proposals

How accurate is this study estimate?   How closely is it aligned with what our client’s RFP?   Where are the cost variances?   Differences in clinical assumptions?   Where are overruns likely to occur?   What are the accruals forecasts based on?

ClearTrial provides Clinical Research Organizations (CROs) visibility and control over study budgets and costs, while keeping studies aligned with sponsor-driven clinical assumptions and business objectives. Embedded industry rules and algorithms and activity-based planning let you produce fast, accurate study budgets and analyses, letting you be more responsive to clients while still producing competitive bids.   Generate accruals forecasts based on when work is actually performed, and increase collaboration with sponsors through a web-accessible, centralized repository for study plans, billing rates by client/internal business unit/contractors, standard project practices, and more.

With ClearTrial software, you can:

• Conduct fast and accurate study costing, with detailed monthly budgets and cash flow
• Forecast internal as well as external resource requirements
• Automatically generate accruals forecasts based on when work will be performed
  
• Gain accuracy over simple benchmarking with resource-driven, activity-based budgets
• Obtain detailed supporting documentation for proposals as well as change orders