You invest hundreds of millions of dollars in outsourced service relationships that, in practice, are incredibly difficult to manage. Are negotiated rates applied? Are non-competitive bids at “market”? What is the overall bid performance (win rate) and volume (bid amount) of my vendor portfolio, by study, by service?
Managing complex bid grids with hundreds of lines is a manually intensive, often daunting task. Especially as you look at resource allocation by service, major and minor task, track out of scope activities and reconcile change orders.
Clinical Maestro SOURCE increases visibility on costs and improves the transparency of preferred and strategic partnerships.
SOURCE assists in managing CROs, as well as the entire suite of clinical service providers. Standardized bid grids allow Sponsors to compare services, major and minor tasks, and align cost structure expectations across their entire portfolio of service providers.