Vault Payments speeds payment to clinical research sites and provides complete visibility to all study partners. The software enables medtech companies to identify and track payable items (based on procedures, study events, or milestones) at the study and site level. Vault Payments integrates with most accounts payable systems to ensure quick and easy clinical trial payment preparation and execution.
Automate patent tracking for a simpler, more efficient process.
Templates and schedules enable flexibility for adjustments on the fly and multiple payments at once.
Seamless integration with Vault CTMS enables sponsors and CROs to streamline payment processes with existing trial management workflows, ensuring on-time payment.
Real-time dashboards provide full visibility to upcoming and pending payments to optimize execution and cash flow.
Automatically match clinical activities with sites’ fee schedules for greater accuracy.
Create fee schedule templates for a study or country and configure them at the site level for complete flexibility. Support complex trial designs that adapt to business change – set fees, reimbursement rates, and reimbursement limits per site, split fees across multiple payees, and make template adjustments on the fly.
User-defined rules trigger payments after subject visits and procedures are completed, ensuring payable items are generated according to site contracts.
Create payment requests in bulk at the study, country, or site level in multiple currencies to streamline payments to global sites. Route payment requests for review, approve and auto-generate payment letters to sites.
Real-time reports and dashboards allow you to organize, analyze, and share payment data, while Vault security profiles and permissions ensure the right access for sponsors, sites, and CROs.
All data needed to identify, track, and report payments is managed in Vault CTMS and unified with Vault Payments, so clinical team members can view payment data in one place. Subject visits in Vault CTMS trigger payable items in Vault Payments simplifying management.
Vault Payments Software Automates and Streamlines Clinical Trial Site Payments
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