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Whether you are now establishing your clinical business operations group or you already have a team in place, we can help you create, re-design, or enhance your existing processes and tools. We specialize in:
CLINICAL PORTFOLIO FINANCIAL MANAGEMENT CLINICAL PROCUREMENT CLINICAL SERVICE PROVIDER MANAGEMENT
CLINICAL PORTFOLIO FINANCIAL MANAGEMENT
Small to mid-size biopharma companies are generally overwhelmed when it comes to financially planning, forecasting and actively managing their study and contract portfolio. While cost benchmarking tools can help a company get an estimated cost, these tools quickly become obsolete after the service contracts are awarded. What complicates the clinical financial management even more, is that Corporate Finance departments may lack clinical expertise, while Clinical Operations departments may lack financial training. As clinical studies are highly fluid, with protocol, operational, timeline and service drivers constantly in flux, the Sponsor is often left in the dark predicting the financial impact of dynamic changes on the overall portfolio.
We work with you to determine your needs and build standardized templates that fit your unique organization’s profile. With your new set of Excel-based tools your company will be empowered to efficiently plan study costs and create program and portfolio forecasts, scenarios, variances and what-if analyses. When you are ready to move out of conventional tools, we can set up MaestroFinancial so you can automate your financial management processes.
 
 
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CLINICAL PROCUREMENT
With biopharma companies heavily outsourcing almost every aspect of the clinical development, why not outsourcing the “outsourcing function”? Strategikon Pharma will bring industry best practices for setting up provider selection and change order management processes, implement or expand preferred provider programs and strategic alliances and help you develop your procurement tool set, such as standard templates and bid grids. We can also become an extension of you, by directly managing vendor selection activities, conducting capabilities evaluations, bid defenses and performance scoring.
When you are ready to move out of conventional tools, automate outsourcing activities, enhance the way you project manage your internal resources and truly collaborate with your providers through procurement platform, we can set up MaestroSourcing, the smartest clinical outsourcing business application in the market. Even better, awarded contracts flow directly from MaestroSourcing to MaestroFinancial, so you can financially manage the entire lifecycle of your clinical contracts.
 
 
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CLINICAL SERVICE PROVIDER MANAGEMENT
Strategic service provider management, including CRO and preferred partner oversight involves multiple complex processes and tools, developing provider performance metrics based on service type, outsourced scope of work and study stage, and having a deep understanding of your vendor portfolio from a contractual operational and financial perspective.
At Strategikon Pharma we are experts at developing provider oversight processes, such as SOPs, work instructions and job aids, evaluating multi-criteria provider “risk tiers” and defining appropriate oversight structures for each tier, creating or standardizing KPIs and KPI visualizations and driving insights from side-by-side, “apple to apple” comparative analyses based on provider-released data. When you are ready to step beyond conventional tools, tap directly into the provider data sources and combine them with our own, releasing the analytical power of integrated EDC, IVRS, CTMS and other key repositories, then we can set up MaestroOversight to truly drive provider and portfolio performance.
 
 
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