All major pharmaceutical companies utilize sites for the execution of studies. To secure the success of clinical trials, a proper and streamlined payment process must be in place. This white paper addresses the complexities of the main categories of the end-to-end clinical payment process. Lack of transparency, data entry errors, and cumbersome administrative tasks are pinpointed as the most prevalent challenges within the payment process.
This paper presents shared online platforms, system integrations, and advanced technologies as proposed solutions. Automated invoicing and specialized roles are highlighted as important recommendations to secure financial stability, efficiency, and data integrity. Successful execution of the end-to-end clinical payment process is instrumental in optimizing resource usage, strengthening sponsor-site relationships, and enhancing efficiency.