White Paper

Navigating the Complexities of Clinical Trial Site Payments Forecasting: Challenges and Best Practices

Navigating the Complexities of Clinical Trial Site Payments Forecasting: Challenges and Best Practices

Pages 6 Pages

Forecasting site payments in clinical trials is complex, influenced by multinational regulations, staffing shortages, inflation, protocol changes, and fragmented data systems. Accurate forecasting is vital to ensure timely payments, maintain site relationships, and control budgets. Best practices include leveraging automation, applying consistent methodologies, recalibrating forecasts with real-time data, and fostering cross-department collaboration. Training and transparent reporting further improve accuracy and trust. IQVIA’s forecasting solution addresses these challenges by integrating global requirements, automating recalculations, adjusting for economic shifts, and providing unified, real-time financial insights.

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