Streamline secure data collection and Finance Management
A Clinical Trial Financial Management System (CTFMS) is one of the services or software options provided by Proxmed. The capabilities and functionalities indicated previously would probably be included in a CTFMS under Proxmed that is specifically designed to meet the requirements of businesses engaged in clinical trials.

Clinical Trial Financial Management System
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Create and manage budgets for clinical trials
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Manage contracts with trial sites, researchers, and vendors through negotiation
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Real-time tracking of trial-related expenses.
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Monitor planned versus actual expenditures.
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Generate invoices for trial-related expenses
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Seamlessly integrate with other clinical trial management systems (CTMS) and electronic data capture (EDC) systems.
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Ensure financial transactions comply with regulatory requirements and industry standards