Often companies are burdened with inefficient financial management processes related to site payments. Many sponsors and Contract Research Organisations (CROs) have used the same methods for years, leading to tied up cash, overpayment on taxes, and inaccurate reporting. With these methods, it still takes sites up to 120 days to receive grant payments.
An on-demand, escrow-free payment system allows trial sponsors to retain their working capital, Contract Research Organizations (CROs) to focus on trial execution, and investigators to be paid accurately and on time.
In this webinar, we will cover how you can use technology-based solutions to help optimize the site payment financial process, including how to:
- Run escrow-free trials with no pre-funding requirements
- Minimise the burden on sites
- Reduce the risk of overpayments and locking up capital
- Improve reporting accuracy
April Mulroney,
Managing Director, Payments, Medidata Solutions
April is an accountant by trade, holding Chartered Accountancy designations in Canada, the US, and the UK. She brings a unique blend of finance, international tax, and client-facing operational experience to her role as Managing Director of Payments and Grants Manager at Medidata.
She leads all development and commercial aspects of these two Medidata business units, which are cloud-based technologies used by sponsors and CROs to benchmark, negotiate budgets, and pay clinical sites across the globe in an accurate and timely way. April led the Payments EDC to cash launch in 2016, resulting in the SCRIP Award for Best Technology of the year.
Prior to joining Medidata, April spent seven years in the clinical finance industry as a CFO and in operational roles. She is a Deloitte alumna, having spent most of her time there working in International Corporate Tax. A recipient of both the 2016 HBA Woman of the Year, and 2016 PharmaVoice Top 100 awards, April holds a BComm from University of Toronto.
- Run escrow-free trials with no pre-funding requirements
- Minimise the burden on sites
- Reduce the risk of overpayments and locking up capital
- Improve reporting accuracy
- Finance
- Corporate Finance
- Ops
- Procurement
- CRO/Partner
