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Payment Management The lack of integrated technologies makes it difficult, if not impossible, to properly calculate grant dollars earned and efficiently administer payments to sites. CFS has overcome those challenges by developing a highly controlled and fully integrated payment processing environment. Our environment leverages the latest technologies from EMC, SAP, and Microsoft and integrates them with our own proprietary grant application. This technology-enabled process allows us to pay investigative sites both quickly and accurately by means of electronic funds transfer (EFT). Along with the funds we provide detailed electronic remittance and statement information. Strategic Benefits » Employ a consistent approach across sites and studies » Focus on your core competencies » Provide your sites with faster payments and detailed remittance information » Enhance business intelligence and compliance through real-time, accurate accruals and reporting » Derive more value from your EDC solutions » Strengthen investigator relationships Key Features Through Payment Management services from CFS, you enjoy access to: » Project and portfolio dashboards that support tactical project and strategic program management, facilitate collaborative communication, and serve as an onlinedata repository » Flexible integration options that allow subject visit information to be captured via web services XML, secure FTP upload or Microsoft Excel CSV file » Proprietary application that automates the grant calculation process and provides seamless integration with our ERP solution » CDISC data standards for ease of integration » Electronic e-billing transaction and internal purchase order creation for improved financial control |