Site Finance – DreamIT² clinical research software

Site Finance — Clinical Trial Financial Management

SiteFinance:GreaterVisibilityIntoClinicalTrialFinancialOperations

Organize study budgets, review visit-related billing and gain a clearer view of the financial activities associated with clinical research.

BringFinancialVisibilitytoYourResearchOperations

Financial management is an essential part of running a clinical research site. Every study can involve different budgets, visit schedules, payment arrangements and financial reporting requirements.

As a research organization grows, managing these activities across spreadsheets, accounting systems and separate study records can become increasingly complex. Site teams need an organized way to review financial information, track billing activity and understand the financial status of their studies.

Dream IT² Site Finance is designed to support study-related financial management within a connected clinical research environment. By bringing relevant financial information together, it aims to help research organizations maintain greater visibility into billing activity and financial operations.

Commonfinancialmanagementchallenges

Managing multiple study budgets

Each study may have its own financial arrangements, budget categories and payment milestones. Keeping this information organized across a portfolio of studies can be challenging.

Tracking visit-related billing

Visits and study procedures can be associated with different billing activities. Teams need a clear way to understand which activities have been reported and which may still require attention.

Limited financial visibility

When financial information is maintained across different systems, reviewing study-level financial activity can require additional reconciliation and reporting work.

Reporting across different periods

Financial reviews may require monthly, yearly or custom reporting periods. Maintaining a consistent view of the underlying information is important for operational planning.

KeycapabilitiesofDreamITSiteFinance

1. Study-level financial overview

Review financial information in the context of individual clinical studies. A study-level view can help teams understand financial activity across their research portfolio and organize relevant information for operational reviews.

Consolidated financial summaries can make it easier to identify the studies that require closer financial attention.

2. Visit-related billing visibility

Clinical research billing is often associated with participant visits and completed study activities. Organizing billing information around relevant studies and visits can help teams review reported and outstanding financial activities.

This visibility can support more organized coordination between clinical operations and financial personnel.

3. Financial reporting

Financial reports provide a structured way to review study-related financial activity. A consolidated reporting environment can help users examine relevant financial information and prepare for internal operational reviews.

Reports can be particularly useful when teams need to understand financial activity across several studies or reporting periods.

4. Reporting period selection

Reviewing financial activity over different periods can help research teams understand how their operations change over time.

Available date filters can help users focus on relevant periods, such as a particular month, year or custom date range, depending on the configured reporting functionality.

5. Centralized financial information

Maintain a more organized view of financial information associated with clinical research activities. Centralized financial visibility can help reduce the effort involved in navigating multiple sources of study-related financial data.

6. Connected financial workflows

Financial activity is closely associated with study management, subject visits and operational reporting. A connected approach can help teams review financial information in the context of the activities that generate it.

HowSiteFinancefitsintoclinicaltrialoperations

01 Study financial organization

Establish an organized view of financial information associated with individual clinical studies.

02 Visit-related activities

Review billing information in relation to the study visits and activities with which it is associated.

03 Financial monitoring

Maintain visibility into reported billing activity and identify items requiring additional review, where supported by the product.

04 Reporting and review

Examine financial summaries and reports across the available reporting periods.

05 Operational planning

Use organized financial information to support internal reviews and day-to-day site management.

Supportingthefinancialneedsofresearchorganizations

For site managers

Gain a consolidated view of study-related financial activity and support financial oversight across the research portfolio.

For financial administrators

Organize billing information and review study-related financial reports.

For clinical research coordinators

Work with the financial aspects of study visits within a more connected operational environment..

For growing research organizations

Establish more consistent financial management practices as the number of studies and financial activities increases.

Connectfinancialoperationswithclinicalworkflows

Site Finance is part of the wider Dream IT² clinical research ecosystem. Connecting financial activity with study management, visit coordination and other operational information can help reduce the separation between clinical and financial workflows.

GainaClearerViewofStudyFinances

Discover how Dream IT² Site Finance can support your clinical research financial workflows.

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