Site Payments

Video transcript: RAVE Site Payments brings speed, accuracy, and transparency to the clinical trial process with real time integration with RAVE EDC while still being able to ingest EDC data from any non Medidata source as well. As activity is entered into the EDC, an automated cost calculation is triggered, eliminating human interaction and minimizing costly errors that often result. Cost triggers can be visit related, procedure, or event based with the ability to split costs either by percentage or dollar value across multiple payees as shown here out of the box. With speed that is unmatched in the industry, data is brought into the system on an hourly basis with calculations occurring either overnight or on demand when paired with RAVE EDC. For non RAVE studies, the data may be ingested at whatever cadence the customer deems appropriate through either an upload or a direct integration with a data lake or warehouse. BriefCite payments is the only solution that facilitates global tax management for more than thirty five countries. This functionality calculates applicable tax upon cost approval, making our already standard pro form a process the most robust on the market today. Gravesite Payments brings increased transparency to the often muddled payment process through a site portal, as well as a matching sponsor or partner portal, which surfaces costs pending approval, rejected, paid, and holdback retained. There is a wealth of standard reporting options including a real time study cost accrual report, a self-service forecasting report quickly enabling the user to see all actual and projected study costs in a single currency, regardless of payee currency. An ad hoc reporting tool rounds out the more than thirty out of the box reporting options. Gravesite payments may be deployed as a SaaS or Medidata managed service offering, which includes just in time funding, ensuring that your money is either with you or your sites instead of another vendor's escrow account. Rave Site Payments will streamline your payment process while providing increased transparency and site satisfaction.