Clinical Trial Financial Management
Event Apr 04 - Apr 05, 2018
Location: Philadelphia, PA, USA
Developing procedures for budgeting and financial accruals is a challenge the industry has yet to master. Each organization has a budget that is unique and difficult to predict and manage. Protocol amendments, the number of participating sites, monitoring strategies, and misalliances all drive costs up. It is critical to find reliable partners and tools to effectively plan for future challenges.
Establishing the difference between a realistic forecast and approved spending can be difficult. Fluctuations in trial forecasts from quarter to quarter make funding requests challenging but well-formed teams, systems, tools, and processes can help. This summit will bring together sponsors, CROs, and sites to collectively work toward accurately and efficiently forecasting and managing trial budgets.