Article | October 24, 2023

Becoming The Preferred CRO For Top Sponsors: Leveraging Technology For Trial Success

Source: Greenphire

By Dave Espenshade, Vice President, Cro Partnerships

GettyImages-1433100886 budgeting

In a separate blog post, this author explored the successes of Contract Research Organizations (CROs) through the implementation of comprehensive patient convenience tactics. In this post, they've redirected focus to the administrative aspect. Given that CROs are responsible for overseeing the administration of clinical trials, this is an increasingly vital topic, especially in light of a recent study that reveals a significant deterioration in clinical trial initiation, execution, and other operational activities over the past five years, according to site administrators' perspectives.

As the industry traverses the dynamic terrain of clinical research, it becomes clear that CROs must evolve to fulfill the growing requirements for efficiency and transparency. The adoption of cutting-edge technologies is not just an option; it represents a strategic necessity for CROs aspiring to be the favored partner for leading sponsors.

Read the entire blog below to uncover how these solutions are able to provide CROs with the tools to excel in their financial management duties, guaranteeing punctual disbursements to clinical trial sites and, in turn, elevating the overall success of trials.

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