OUR SERVICES
Contract & Budget Negotiations
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We thoroughly review your study budgets and contracts with our clinical expertise to negotiate terms that benefit your site, investigators, and clinical staff. Our goal is to reduce liability where possible and establish shared accountability with necessary third parties, including Sponsors or CROs.*
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Just like contract agreements with a Sponsor or CRO, we assist your site in negotiating vendor agreements required for using their services during your awarded study. If your site doesn’t have pre-negotiated rates with vendors, securing these agreements in advance is highly recommended, especially if you plan to work with them on multiple clinical trials.
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We work to maximize contract value by analyzing the schedule of events, vendor usage, and your site’s time and effort. Our approach helps convert vendor costs into revenue while adhering to Fair Market Value (FMV). We assess annual site expenses to maintain proper overhead and include fringe benefits. By reviewing payment terms, we help improve upfront cash flow during startup and ensure steady income throughout the trial. Additionally, we implement strategic budgeting to reduce time spent managing passthrough costs.
CTMS Platform Study Implementation Builds
We create budget templates in your CTMS platform tailored to the study protocol, covering ancillary costs, substudy procedures, and unexpected events like additional safety labs or imaging. We also account for study-related activities such as re-consenting, travel expenses, and logistical costs like dry ice or mileage. If needed, we can customize the build to match your site's preferred format.
Account Receivables Management
We provide a comprehensive service that combines contract negotiations, CTMS study template builds, and data entry quality control. Additional features include monthly reporting on revenue, expenses (e.g., participant reimbursements, investigator fees), and pass-through costs like vendor receipts for labs, imaging, or advertising. Payment tracking and invoicing support are also included.
Consulting
We offer remote or on-site reviews of your site’s operations, staff responsibilities, equipment, and essential documents like SOPs, CVs, and certifications. Services can include SOP writing, vendor agreements, CTMS platform setup, and staff training for data entry and leadership teams. Options are available for sites new to clinical trials.
Business Development & New Study Opportunities
Unfortunately we do not offer any business development/new study opportunity services, however, we are happy to refer you to some of the industry leaders should you need assistance in obtaining a new study opportunity or want to venture into a new therapeutic area.
Ready to streamline your site’s financial processes and maximize your compensation?
Contact The Budget Guyz today to learn more about our tailored services, from contract negotiations to CTMS implementation, and get a personalized quote for your site’s needs!
**While we create legally binding documents, we do not make any representations nor warranties on the outcome of these negotiated terms as we are not attorneys.**