Case Study

Top 5 Reasons to Outsource Your Site Payments Process

Top 5 Reasons to Outsource Your Site Payments Process

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1170 Devon Park Dr., Suite 300, Wayne, PA 19087 solutions@drugdev.com | +1 888 650 1860 Top 5 Reasons to Outsource Your Site Payments ProcessAs a result, sponsors look to outside vendors to manage the non-core activities of their clinical trial processes, such as site payments. While 60% of site payments are being outsourced today through CROs or stand-alone site payment providers, industry experts predict this outsourcing trend is on the rise with an increase to ~80% in the next five years. Historically, site payments have been performed by CROs as a natural extension of managing the entire clinical trial process on behalf of their respective sponsor clients. However, due to the very small percentage of revenue associated with this activity, CROs typically do not invest in

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