Budgeting And Benchmarking

Building a stronger financial foundation for clinical trials

Budgeting can be a challenging step in launching a study. Too often, sponsors and CROs rely on outdated spreadsheets, redacted contracts, or incomplete datasets. This slows down negotiations with sites, introduces risk, and creates delays in study startup.

The Budgeting & Benchmarking solution changes the equation. With direct access to one of the industry’s largest, most up-to-date FMV datasets, you can quickly generate accurate cost-per-patient estimates and enter site negotiations with confidence. The result: faster study startup, more defensible budgets, and stronger partnerships with sites.

The power of contemporary FMV data

Our FMV dataset is refreshed quarterly and includes data from 70+ countries, 100+ sponsors, 30+ CROs, and over 30,000 payees. Covering 250+ proprietary research codes—from common procedures to administrative and hidden costs—it offers the most robust view of real-world investigator grant costs.

Simple, powerful modeling

With an intuitive interface designed for speed, you can import your protocol’s schedule of assessments, build visit schedules, and model multiple scenarios with ease. One click applies the latest FMV data, giving you rapid ballpark estimates to guide planning and support defensible negotiations.

Part of a unified financial suite

As part of the Greenphire Clinical Finance Suite, Budgeting & Benchmarking connects seamlessly with Site Payments, allowing you to finalize budgets and execute payments through a single login. This creates continuity from planning through execution, increasing accuracy and efficiency.

Key benefits at a glance:

• Accelerate planning: Quickly generate accurate cost-per-patient estimates
• Negotiate with confidence: Enter discussions with defensible, data-driven budgets
• Rely on current data: Quarterly refreshed FMV dataset covering 70+ countries
• Streamline workflows: Use a simple interface to model visits, arms, and cohorts
• Unify finance management: Move seamlessly from budgeting to global site payments