Industry Provider Profiles
CFS Clinical formerly Clinical Financial Services

• Corporate Overview
• Clients
• Services Offered
• Contact Company

Corporate Overview

CFS Clinical (CFS) is the only company to offer turnkey business and financial management services for clinical trials - helping CROs, biopharmaceutical sponsors, and medical device companies address today’s complex management challenges. Located in the heart of the "Pharma-Belt" in suburban Philadelphia, we combine focused expertise, innovative processes, and state-of-the art technologies to streamline operations and improve the way companies manage the business of clinical trials. Ultimately, CFS helps clients bring products to market faster.

CFS offers a unique blend of contract, regulatory and cutting-edge investigator grant payment services. Core competencies include in-depth knowledge and understanding of clinical trial budgets and agreements, contract negotiation and administration, regulatory documentation, and finance and accounting specific to clinical trials.

Clients

CFS offers services to:

• Biopharmaceutical Sponsors
• Medical Device Companies
• Clinical Research Organizations

Services Offered

CFS provides focused business and financial services for clinical trial sponsors and CROs that help clients speed the initiation and completion of studies, enhance investigator relationship management, operate more efficiently, and meet growing compliance requirements. All services are easily tailored to allow clients to use only what they need when they need it.

Contract and Regulatory Services:

Study startup activities including regulatory document collection and contract management.Complete lifecycle management of clinical trial agreements, including investigator budget development and contract administration and negotiation.

Service Features:

• Experienced site activation resources solely dedicated to this critical task
• Site profiling enables CFS to leverage information based on previous studies and track relevant data for use in future negotiations and document completion
• CFS Startup InSite ™ system manages the entire contract lifecycle, including essential regulatory documents
• Electronic distribution and collection of site activation documents via a secure portal environment
• Proprietary technology used to review and track Financial Disclosure Forms
• Access to IMS Grant Plan® plus large proprietary database of procedures and costs
• Access to vast legal network in more than 60 countries

Critical balance of speed without sacrificing quality.

Service Benefits:

• Accelerate cycle times: Site profiling maximizes the number of activated, "enrollment-ready" sites when the trial begins.
• Improve budget management: With access to IMS Grant Plan® plus a large proprietary internal database of procedures and costs, CFS works with clients to develop a realistic and fair investigator grant budget and payment schedule.
• Streamline negotiations: CFS Startup InSite ™ delivers all the efficiencies and benefits of contract management processes while leaving clients in complete control of the negotiation. It tracks project and site information, key negotiated terms stratified by budget, contract, and regulatory document clauses, redlined agreements with version control, and negotiation status.
• Improve compliance: The legal network supports contract negotiations around the world with efficiency and clarity, so clients’ legal teams are fully prepared to manage risk on an enterprise level. We also ensure that agreements are structured appropriately to handle country-specific tax regulations.

Global Payment Services

Global administration of investigator grant payments and pass-through expenses in a highly-controlled and fully integrated global payment-processing environment.

Service Features:

• Expert teams with a proven understanding of the inherent complexities of global grant payments, including navigating local tax implications, foreign exchange, and risk
• Timely and accurate electronic payments in local currency
• Detailed remittance via the Internet in local language available 24/7
• Unparalleled visibility via CFS Payment InSite ™, the CFS exclusive investigative payment environment for sponsors, sites, and CROs
• Project and portfolio dashboards that support tactical project and strategic program management, facilitate collaborative communication, and serve as an online data repository
• Flexible integration options that allow subject visit information to be captured via Web services (XML), secure FTP upload or Microsoft Excel CSV file; CFS is a technology partner of Medidata for streamlined feeds from Medidata Rave® EDC
• Proprietary application that automates the grant calculation process
• No software implementation or knowledge transfer, or conversion issues

Service Benefits:

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