Author: Ashley Leuthe, Associate Vice President, Clinical Finance Suite , Suvoda
Snapshot:
- Strategic merger expands capabilities: The merger of Greenphire and Suvoda adds financial management and patient support solutions to the Suvoda Platform.
- Enhanced patient journey: Combined solutions address both operational complexities and financial barriers that impact trial efficiency and patient retention.
- Unified platform approach: Seamless data flow between clinical operations and financial processes for better decision making in trials.
Clinical trials are progressively increasing in complexity, requiring sophisticated technology solutions that address multiple facets of trial management simultaneously. While Suvoda has specialized in managing the most urgent moments in complex clinical trials through its IRT, eCOA, and eConsent solutions, financial management and patient support have remained critical but adjacent challenges for sponsors and sites.
The completion of Suvoda's merger with Greenphire represents a significant expansion of capabilities that addresses these challenges. Through this merger, the combined company is now better equipped to provide a comprehensive solution to its customers to support the urgent and mission critical moments of their clinical trials.
This integration brings together two complementary clinical trial technology leaders with proven expertise in their respective domains.
Understanding Greenphire's solutions
Greenphire brings over 15 years of experience as a pioneer in financial management and patient support for global clinical trials, with solutions that directly address barriers to patient participation and site efficiency.
- Greenphire Patient Payments: Automated participant reimbursement and stipend management with flexible payment methods and global payment capabilities across 100+ countries, delivering measurable improvements in patient retention and administrative efficiency through streamlined financial workflows.
- Greenphire Travel: Comprehensive global travel coordination and accommodation services that eliminate logistical barriers to participation, featuring dedicated concierge support across 40+ countries with extensive experience managing complex travel requirements.
The Greenphire Clinical Finance suite offers:
- Budgeting & Benchmarking: Intelligent budget development solution leveraging comprehensive global investigator grant data to accelerate study startup processes, reducing budget creation and negotiation timelines through data-driven fair market value insights.
- Site Payments: Streamlined investigator payment management system that automates financial workflows for research sites and sponsors while maintaining compliance and transparency across global trial networks and complex payment structures. Our solution supports nearly 80 countries and over 200 markets. Integrations with third-party trial technologies like EDC enable automatic payment creation and invoicing, review and approval workflows, and connectivity with client ERP systems.
Why a platform approach is better
By bringing Greenphire’s financial and travel expertise to the patented Suvoda Platform, we’re creating a more seamless ecosystem for trial execution. Together, these solutions streamline workflows, reduce manual effort, provide visibility across a shared data layer, and make the process of running and participating in trials more efficient and intuitive.
For sponsors managing complex global studies, this unified platform helps address the full range of operational challenges that affect both timelines and patient outcomes. It reflects a clear shift we’re seeing across the industry: sponsors are focused on making trials easier for sites and patients.
The Suvoda Platform directly supports that goal—eliminating the need for separate systems and addressing financial and logistical complexities through one cohesive experience.
A unified future for clinical trials
The enhanced solution suite of the combined company positions Suvoda to address the urgent moments in trials with comprehensive support for both clinical and financial operations.
For sponsors and CROs managing the complexities of modern trials, this expanded platform offers a new level of efficiency and visibility. It simplifies operations while preserving the specialized expertise and proven capabilities that both organizations have built over time.
For patients, unification removes many of the logistical and financial barriers that can make participation difficult, helping to create a more supportive and seamless experience.
By unifying our clinical trial technology, we believe we are creating new possibilities to improve efficiency and reduce burden for all stakeholders—better than any technology solution previously available in the clinical trial industry.
Interested to learn more? Contact the Suvoda team to discuss specific trial requirements and platform capabilities.
Author
Ashley Leuthe
Associate Vice President, Clinical Finance Suite , Suvoda