SOURCE: Xtalks

Xtalks Webinars

September 12, 2016 07:00 ET

Is Site Payment Escrow a Thing of the Past? YES! -- New Webinar Hosted by Xtalks

TORONTO, ON--(Marketwired - September 12, 2016) - During this webinar on September 29, 2016, industry experts Nina Pruitt, Senior Product Marketing Director from Medidata, Marcus Thornton, Global Lead of Payments from Medidata Solutions, and Andre' Beukes, Associate Director of Investigator Payment Administration from INC Research, will outline the paradigm shift in payment tracking from excel or home-grown systems to more commercial, turn-key technology.

Sponsors have historically allocated large volumes of funds into an escrow account to cover site payments over the course of a trial, resulting in lost opportunity to invest. Additionally, these rudimentary systems leave little opportunity to effectively plan and track payments as costs are incurred by the sites, which negatively impact site satisfaction and performance. Sites battle cash flow problems and payment delays are a distraction from the work that they have been contracted to perform.

With a new escrow-free process and EDC-driven payment process, Sponsors and CROs alike are easily able to project, trigger, calculate and disburse payments in any currency quickly and accurately. The cash remains with the sponsor, the sites receive their payments and the trial progresses seamlessly. It is the proverbial win-win-win for all.

Join this informative session to learn how your organization could benefit from just-in-time site payments. For more information or to register for this complimentary event, visit: Is Site Payment Escrow a Thing of the Past? YES!

Xtalks, powered by Honeycomb Worldwide Inc., is a leading provider of educational webinars to the global Life Sciences community. Every year thousands of industry practitioners (from pharmaceutical & biotech companies, private & academic research institutions, healthcare centers, etc.) turn to Xtalks for access to quality content. Xtalks helps Life Science professionals stay current with industry developments, trends and regulations. Xtalks webinars also provide perspectives on key issues from top industry thought leaders and service providers.

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