Greenphire Clinical Finance Suite: Site Payments

Strengthening site relationships through faster, smarter payments

Timely and accurate payments are one of the clearest ways a sponsor or CRO can build trust with clinical sites. Yet, many sites are still paid infrequently—sometimes only quarterly—while half of sites report having just three months or less of operating cash on hand. This financial strain can distract sites from patient care and make trials harder to sustain.

Part of the Greenphire Clinical Finance Suite, the solution automates invoicing and global payment execution so sites are paid more quickly and reliably. With deep regional expertise, flexible workflows, and advanced reporting, Site Payments helps sponsors reduce administrative burden, increase visibility, and position themselves as a sponsor of choice.

Benefits for sites

Sites gain financial predictability with faster, more accurate payments delivered in local currency. A dedicated site portal streamlines payment requests, reduces manual reconciliation, and makes it easy to track activity. By easing the financial burden, Site Payments empowers sites to focus on their patients and research.

Efficiency for sponsors and CROs

Sponsors and CROs benefit from configurable approval workflows, automated corrective actions, and integrations with EDC, CTMS, ERP, or data warehouses. With centralized funding models and global capabilities, payments can be executed across 200+ geographies, aligned with local tax and regulatory requirements.

Visibility and control

Site Payments delivers robust financial reporting and analytics to support budgeting, accruals management, and cashflow forecasting. This enables more informed decision-making while maintaining compliance with global banking and tax regulations.

Key benefits at a glance:

• Pay sites faster: Reduce financial strain with more frequent payments in local currency
• Automate complex workflows: Trigger payments from multiple data sources and streamline invoicing
• Support global compliance: Meet VAT and banking requirements across 80+ countries
• Strengthen site relationships: Become a sponsor of choice by removing financial barriers
• Gain financial transparency: Improve cashflow forecasting and control through real-time reporting