Self-service reporting helps the clinical trial cost management team improve efficiency and financial administration at F500 biopharmaceutical company

Problem

The client’s existing system for clinical trial payments was inefficient due to several reasons:

The client was looking for a self-service reporting solution that would empower the cost management team to oversee the portfolio in real-time and improve financial administration.

Solution

MResult designed an intelligent solution that was implemented without disrupting business continuity. The solution automated ETL layers and reporting to enable:

Impact

Self-serve reporting of clinical trials payments built with drag and drop interfaces:

Enabled interactivity and ease of access for the clinical trials cost management team

Facilitated real-time portfolio analysis and custom reporting which improved financial management

Reduced data refresh TAT from weekly to daily

Drove down TAT for change requests from 30-45 days to 2-3 days.

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