In today’s fast-paced clinical research landscape, time is money—literally.
The ability to streamline processes, reduce time spent on manual tasks, and cut costs is crucial for success. At Clinials, we understand this, and that’s why our platform is designed to create tangible Return on Investment (ROI) for our customers, particularly Contract Research Organizations (CROs) and midsize therapeutic trials.
Here’s how Clinials delivers clear value through time and cost efficiencies:
1. Reduction of Sales Cycle
One of the biggest challenges CROs face is the long sales cycle—from the time a Request for Proposal (RFP) is received to the time of response. Clinials drastically reduces this time. Typically, the sales cycle can take up to 10 days, but with Clinials, you can bring it down to just 3 days.
This 70% reduction in response time means quicker decisions, faster project initiation, and, ultimately, an increased ability to win new business. By shortening the sales cycle, CROs and clinical trial sponsors can significantly boost their revenue potential and better compete for contracts.
2. Decreasing Time for BD Teams
Business Development (BD) teams are critical to a CRO’s success, but they are often non-billable. That means the longer they spend reviewing protocols, the more resources are being consumed without directly contributing to revenue. Clinials helps alleviate this issue by streamlining protocol review processes.
With Clinials, BD teams can reduce protocol review times from days to just a few hours, allowing them to focus on more high-value tasks. By enabling faster reviews, companies can prepare budgets quicker, fast-track site feasibility processes, and move projects forward more efficiently.
3. Faster Site Feasibility and Budget Preparation
Budgets and site feasibility are time-consuming but critical components of any clinical trial. Clinials takes the complexity out of these processes. Our platform enables CROs and sponsors to conduct site feasibility assessments and budget preparations much faster than traditional methods.
Instead of spending hours or even days on feasibility reviews, Clinials cuts this process down to minutes. The result? Faster decision-making for both sites and sponsors, facilitating quicker trial initiation and less time wasted in the planning stages.
4. Automated Creation of Plain Language Documents
Plain language documents, such as consent forms and protocol summaries, are essential for patient understanding and regulatory compliance. But drafting these documents can be time-consuming, often taking medical writers or staff days or hours to complete.
Clinials automates the creation of these critical documents, producing them in just minutes. This automation not only saves substantial labor costs but also ensures documents are ready faster, keeping clinical trials on track and compliant with patient-facing material requirements.
5. Cost-Effective Translation Services
Global clinical trials often require translations of critical documents like protocol synopses and consent forms, but traditional translation services can be expensive and slow. Clinials offers a cost-effective alternative, providing translation services in seconds—not weeks.
With Clinials, sponsors can quickly translate documents into local languages, facilitating trials in multiple countries without the usual high costs and time delays associated with translation services. For mid-sized therapeutic areas or CROs looking to expand their global footprint, this is a game-changer.
Quantifiable Time Savings and ROI
•Sales Cycle Reduction: Clinials reduces the sales cycle from 10 days to 3 days—a 70% reduction.
•BD Team Efficiency: By streamlining protocol reviews, BD teams can save hours and focus on higher-value tasks.
•Budget and Site Feasibility: Faster feasibility reviews allow for quicker budget approvals, accelerating trial start times.
•Document Creation: Clinials produces plain language documents in minutes, saving both time and labor costs.
•Translation Costs: With translations completed in seconds, Clinials offers a more affordable and faster solution for global trial expansion.
Conclusion: Real ROI for Clinical Research Organizations
By adopting Clinials, customers can expect faster trial initiation, quicker decision-making, and reduced operational costs. All these efficiencies directly translate into a clear ROI, giving CROs and clinical trial sponsors a competitive edge in today’s clinical research environment.
Whether it’s cutting down the sales cycle, automating plain language document creation, or providing cost-effective translation services, Clinials is the platform that ensures you get the most out of your investment—saving time, money, and resources along the way.
Clinials’ tools deliver ROI by streamlining processes that traditionally slow down clinical trials. With faster sales cycles, efficient protocol reviews, and affordable translation services, Clinials provides tangible value to its customers.