Budget Consulting Services
Stay Financially Optimised with Tailored Support
Not looking for full budget development but would like budget advice or support?
Our Budget Consulting Services offer the flexibility and specialised expertise you need to proactively manage financial challenges, ensuring your clinical trial site remains profitable and compliant.
Our expert consulting services are charged on an hourly basis meaning you get the support you need, when you need it without a hefty pricetag or long term commitment.
Areas We Can Help With:
1. Budget Review and Optimisation
Are your budgets capturing every invoicable activity and true site costs? We conduct a detailed review of your study budgets and templates to:
- Identify missing billable items and overlooked revenue opportunities.
- Ensure site overhead, staff effort, and administrative costs are properly included.
- Recommend adjustments and enhancements to strengthen your bottom line.
2. Sponsor & CRO Budget Negotiation Support
Just need us to support you in Sponsor negotiations? No problem, we help sites:
- Analyse sponsor-provided budgets and identify areas to negotiate.
- Justify increased costs using industry benchmarks and site-specific data.
- Strengthen negotiation strategies to secure better payment terms.
3. Payment Term & Milestone Structuring
Poorly structured payment terms can lead to cash flow issues. We assist with:
- Optimizing payment schedules to ensure timely and predictable revenue.
- Structuring milestone-based payments.
- Aligning payment terms with site operational needs.
4. Ongoing Budget Consulting Support
For sites that need continuous financial oversight, we offer:
- Ad-hoc budget consulting for specific guidance.
- Monthly or quarterly budget review services for financial optimisation.
- Ongoing support for study sites.
Indicative Costing
Our add-on services are offered on an hourly basis, ensuring you only pay for the support you need.