Innovation In Clinical Trial Site Payments: An Interview With Iain Wood, Senior Product Manager At Greenphire

Historically, site payments have been plagued by inefficiencies such as delays, lack of transparency, and errors in contract updates. Greenphire’s Senior Product Manager, Iain Wood, utilized his global expertise in managing clinical trial budgets, payments, and compliance across diverse regions to answer several questions about the complexities of site payments in this interview. Iain’s experience highlights how Greenphire’s Site Payments platform addresses these challenges by offering real-time payment visibility, reducing manual reconciliation, and enhancing accuracy in managing complex global payment workflows.

This technology enables sites to focus on participant enrollment rather than administrative burdens. Looking ahead, Iain envisions integrating budget negotiations with payment systems to further streamline trial operations. With the rise of e-invoicing and tax compliance mandates, Greenphire is poised to lead innovation in simplifying regulatory processes.