ACCUNET'S CRO ACCOUNTING & STUDY MANAGEMENT

Manage your clinical studies and the corresponding accounting needs.

Pass-through costs? Not a problem. Study profitability? Part of the deal. Giving your study managers, CRCs, CFO, and other executives the information to do their job? Profitable.

It’s as simple as the name sounds. Manage your clinical studies and the corresponding accounting needs in one solution. Automate, streamline and provide visibility and accountability to your everyday Operational Tasks and turn them into the catalyst used to drive Study Tracking, Financial Reliability and Business Decision Making.

The financial epidemic found in the CRO industry stems from the disconnected systems and manual processes used to manage the accounting and study management of every trial. Connect people and process across your organization with the AccuNet Accounting & Study Management Solution.

AccuNet works with CROs to deliver solutions that reduce the costs of operations and regulatory compliance while continuously improving business performance. Our solution encompasses the key system capabilities necessary to meet these demands and challenges, including Investigator Fee Processing, Pass-Through Expense Processing, Study Management, Business Management, and Sales and Business Development.

Investigator Billing for Study Financials

The AccuNet Investigator Billing module automates and streamlines the billing process of patient visits, site protocols, and sponsor re-bills. AccuNet has designed and built this solution to fully integrate with Microsoft Dynamics SL Project Accounting system as well as with various CTMS systems.

Investigator Billing bridges the disconnect between CTMS systems and a CRO’s accounting department by providing the following functions:

• Track high level study financial information, including grant deposit balances, aging AR, unbilled summary, and sites stages.
• Quickly drill down into studies by site and subject to view stages, visits earned, and fees paid/unpaid.
• Forecast and manage grant money expenditure and request.
• Spend more time managing the study rather than looking up study protocol, tracking down unapproved vouchers, and searching for sponsor requested financial data.
• Automate and integrate billing and workflows with Dynamics SL.
• Integrates with CTMS.
• View role based dashboards for the study manager, CEO, and CFO.

Pass Through Expense for Study Profitability

The AccuNet Pass-Through Expense module is designed to automate workflow, provide flexible billing and to track expenses incurred against a sponsor’s study - keeping more working capital in your pocket.

• When an expense is incurred and entered into the time and expense screen by the study manager, it is automatically tied to the Microsoft Dynamics SL accounting system where a billing voucher is created for that expense.
• A special Pay-When-Paid feature allows you to hold payment until the Sponsor pays you.
• Business rules are applied that automate check requests and payments within the system, eliminating the manual tracking and reconciliation of pass-through expenses.
• CFOs and CEOs have an executive dashboard to view what has been billed and re-billed against each study.
• The Accounts Payable Department’s no longer needs to manually reconcile billing and re-billing.

Master Schedule for Study Financials

FDA regulations require laboratories to maintain a Master Schedule. AccuNet has the expertise to implement a Master Schedule that fits your needs and meets the requirements of the FDA by using the “out-of-the-box” functionality of Microsoft Office SharePoint Services (MOSS).

Use the native functionality of SharePoint to track and organize:

• Contract/Programs/Protocol Data
• Study Data
• Testing Material Data
• Proposal & Client Documents
• Draft & Final Reports
• Revenue & Billing

Furthermore, AccuNet offer laboratories the value add of our Master Schedule knowledge with our SharePoint knowledge to create a system with the following functionality:

• Alerts & Notifications
• Workflows & Routing
• Document & Content Security & Audit Trails
• Search & Archiving
• Retention Policies
• Sharing Information