OUR PRODUCTS
Greenphire Clinical Finance

Site Payments

Automate and simplify complex global investigator payments. Get sites paid faster, on a preferred cadence, and be viewed as sponsor of choice.
Experience
$6b

in site payments executed around the world

Global reach
80+

countries supported with site payments

Time savings
80%

reduction in time spent supporting site inquiries

Advanced Site Payment Management

As part of the Greenphire Clinical Finance suite, Site Payments eases the financial and administrative burden faced by sponsors, CROs, and sites.

Clinical sites are often paid quarterly or even less frequently over the course of a trial. This is problematic because, according to Society for Clinical Research Sites before (SCRS), 50% of sites have 3 months or less of operating cash on hand.

With the Greenphire Clinical Finance, Site Payments solution, sponsors can automate site invoicing and payment execution, getting sites around the world paid more frequently and with significantly reduced effort. Empower sites to focus on their patients by reducing financial strain while maximizing financial control and predictability.

Before Greenphire Site Payments, we would have to go through spreadsheets manually, trying to figure out who to pay and when, for more than 100 sites. The automated workflow has really helped us.”
- Customer feedback (source: Customer interview)
DRIVE SITE SUSTAINABILITY

A powerful and intuitive tool used across 80+ countries to centralize finances and strengthen relationships with sites worldwide.

Our flexible Site Payments solution combined with deep expertise is designed to meet the needs of unique regional workflows and regulations, getting sites paid accurately, on time, and with complete visibility and control.

 
 

Intuitive sponsor, CRO, and site portal

Easy-to-navigate portal streamlines and centralizes site invoicing and global payment execution:

  • Local language site portal

  • Single sign on

  • Knowledge Center with support resources

CTA-based configuration

System is configured according to the executed Clinical Trial Agreement (CTA), reducing human error and supporting payment accuracy.

Integrations to drive automation

Trigger payments from any data source (EDC, CTMS, ERP, data warehouse)

Global capabilities

Payments made in 80+ countries with the ability to pay in 200+ unique geographies and local currency

Therapeutic area experience

Experience and ability to support any therapeutic area, including a wide range of complex and rare disease studies

System flexibility

  • Flexible invoice models (system generated or site upload)

  • Configurable approval workflows

  • Multiple tax types

  • Split payments across payees (fixed and variable)

  • Simple payment request workflow for sites to enter invoiceable items

  • Flexible funding models (just-in-time and prefunding)

  • Automated corrective actions

  • Caps and limits customization

  • Contract amendments

  • Multiple cohorts and treatment arms

Budget to payments workflow

Leverage our Budgeting & Benchmarking solution to build investigator grants budget. Then execute global site payments through the same platform.

Regulatory compliance

  • Localized data storage

  • Adherent to global banking regulations

  • Meet value added tax (VAT) requirements

Financial visibility and control

  • Centralized funding and reporting

  • Full line of sight into payment activity and spend across studies

SIMPLE USER EXPERIENCE

An intuitive platform to make site payments easier on study teams and sites

Site Payments was designed with simplicity at the forefront. Through automation, regional workflow configurability, and expert consultation, we make the complex world of global site payments stress-free. From automated invoicing to EDC triggered payments and real-time reporting, our software removes the burden so trial teams and sites can focus on research and patient care.

FINANCIAL TRANSPARENCY

Gain real-time visibility into global site payments

Establish greater control and cash flow transparency. Site Payments provides advanced analytics for enhanced financial insights that drive more informed decision-making. Our reporting suite provides a deeper view into:

  • Long-term predictability
  • Budget management
  • Actual expenditure vs. budgeted costs
  • Accruals management
  • Cashflow forecasting and more
We can tell what visits the sponsor has paid, can see that they have received invoices and if they have been paid. This is incredibly helpful and saves us FTEs!”
Site Feedback (source: 2024 Greenphire global site satisfaction survey)

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