CTFS SITE PAYMENTS

Empowering better management of site payments

This next-generation SaaS solution converts clinical trial site payments from a siloed function to a unified activity within the clinical trial financial management ecosystem.

As part of Clinical Trial Financial Suite (CTFS), CTFS Site Payments leverages agentic AI to yield faster cycle times and higher site satisfaction.

Overview
Built on a proven foundation that has processed over $15B in payments
As the first module launched on the Clinical Trial Financial Suite (CTFS) platform, CTFS Site Payments brings end-to-end automation to the fragmented process of clinical trial site payments.

CTFS Site Payments streamlines workflow, transactions and global payment disbursement to clinical trial sites, leveraging agentic AI and an intuitive payment portal to enable faster cycle times and better site relationships.
Transforming CTA Processing: From Manual Entry to Agentic AI Efficiency
  • Today’s problem: Contracts (CTAs) come in different formats, requiring manual transfer of content from them to the payment system via a tedious, error-prone process causing delays and errors in study startup.
  • CTFS Site Payments ingests CTAs from multiple formats using AI agents and extracts key terms for downstream processing, eliminating the need for manual data entry. Machine learning algorithms improve the process over time.
  • Expected benefits: Faster study startup, increase of CTA processing productivity. fewer errors, and a clear audit trail. Overall payments to sites becomes faster.
Real-Time Participant Accruals: Solving the Payment Transparency Challenge
  • Today’s problem: Sponsors lack transparency into actual participant accruals and visit status, making reconciliation to the EDC data and payment validation difficult.
  • CTFS Site Payments seamlessly pulls EDC data and auto-generates patient accrual logs for every visit.
  • Expected benefits: Transparency and confidence in payments; everyone sees the same source of truth.
Eliminating Errors: Auto-Generated Invoices for site payment
  • Today’s problem: Manual invoice creation is error-prone and slow; invoices may not align with agreed budgets, causing disputes.
  • CTFS Site Payments auto-generates visit invoices and reimbursable invoices with zero manual data entry.
  • Expected benefits: Accelerate accurate invoice creation; experience fewer disputes and smoother collaboration with sites.
Automated Invoice Workflows for Faster Payments
  • Today’s problem: All invoices are reviewed manually by humans, often resulting in payment delays, bottlenecks and poor system integration.
  • CTFS Site Payments automates workflows, routes invoices for approval and pushes payment files into sponsor systems for payment processing.
  • Expected benefits: More productive invoice review process, faster payments, improved cash flow for sites, and stronger sponsor-site relationships.
Transparent Payment Dashboards with Built-In Reporting
  • Today’s problem: Sites often want to know the status of their payments, leading to frequent inquiries and frustration.
  • CTFS Site Payments provides real-time dashboards and portals for access to payment status and reporting.
  • Expected benefits: Transparency, fewer payment inquiries and improved collaboration.

An evolution in financial management

CTFS Site Payments empowers you to manage clinical trial site payments in-house or through a hybrid model. You benefit from AI-driven invoice ingestion, validation, anomaly detection and global tax compliance. With built-in self-service tools, real-time tracking and full audit trails, you gain transparency and control.

Frequent updates ensure continuous innovation, while streamlined integration with CTAs, amendments and EDC systems helps accelerate first payments and simplify operations — all designed to improve your financial governance and site satisfaction.

Comprehensive capabilities for faster and smarter clinical trial site payments

IQVIA’s clinical trial financial management software made everything about managing payments easy.
Sergio Vargas Serrano
Site Manager, Respiratory Infectious Disease Clinical Studies Group, University of Chile
Contact Us