Grant Navigator & Project Accounting System

Manage site budgets and payments with ease

Prevail’s Grant Navigator with Project Accounting system automates much of the time-consuming manual effort developing and managing study budgets. All cost-related activities can be linked to the clinical budget, financial reporting, and invoicing – enabling real-time project P&L statements, percentage of completion reporting, automated review of supplier invoices and payments with audit trails, and more.

Optimize Your Study Budgets with Integrated Clinical and Financial Data

Grant Navigator
 
Grant Navigator
 

Prevail’s Grant Navigator automatically determines what a site is owed by comparing the established budget and payment triggers (visits, assessments, procedures etc.) with actual clinical data – saving you a substantial amount of time and cost by reducing laborious reconciliations and preventing overpayment.


“Has everything we need and less expensive than the alternative.”

CFO, Small Biotech

 

Read our Customer Stories

Prevail Grant Navigator & Project Accounting System Key Features & Benefits

Automate Investigator Payments

Comparing and reconciling site invoices with data received ensures you are paying only for work completed but can be manual labor intensive. Prevail ties receipt of data on procedures performed with their appropriate... More

Comparing and reconciling site invoices with data received ensures you are paying only for work completed but can be manual labor intensive. Prevail ties receipt of data on procedures performed with their appropriate unit or visit cost to automatically calculate accruals for sites, improving accuracy, timeliness and preventing overpayment. Less

Comparing and reconciling site invoices with data received ensures you are paying only for work completed but can be manual labor intensive. Prevail ties receipt of data on procedures performed with their appropriate unit or visit cost to automatically calculate accruals for sites, improving accuracy, timeliness and preventing overpayment.

Incentivize Enrollment & Data Entry

Timely and more frequent site payments reward and promote sites that produce results. Also, programmatically tying payment to data entry leads to more timely data gathering which gives you visibility sooner.

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Timely and more frequent site payments reward and promote sites that produce results. Also, programmatically tying payment to data entry leads to more timely data gathering which gives you visibility sooner.

Percentage of Completion/Accrual Reports

Track budgets versus actuals or accruals versus invoices with automation by tying unit costs to clinical data being collected. Beside saving money and allowing for earned value management, tracking any partner’s... More

Track budgets versus actuals or accruals versus invoices with automation by tying unit costs to clinical data being collected. Beside saving money and allowing for earned value management, tracking any partner’s cost-overruns can also be another way to identify an operational issue or inefficiencies in a project. Less

Track budgets versus actuals or accruals versus invoices with automation by tying unit costs to clinical data being collected. Beside saving money and allowing for earned value management, tracking any partner’s cost-overruns can also be another way to identify an operational issue or inefficiencies in a project.

Multi-Scenario Planning

Site costs can vary significantly, particularly with KOLs, so projecting enrollment across a variety of different budgets can prepare you for all eventualities. The benchmarking library can also help financially... More

Site costs can vary significantly, particularly with KOLs, so projecting enrollment across a variety of different budgets can prepare you for all eventualities. The benchmarking library can also help financially forecast multiple study designs, enrollment scenarios or even entire programs. Less

Site costs can vary significantly, particularly with KOLs, so projecting enrollment across a variety of different budgets can prepare you for all eventualities. The benchmarking library can also help financially forecast multiple study designs, enrollment scenarios or even entire programs.

Integrate & Export

Project accounting and financial tracking systems without integration are no better than static excel documents. The Prevail Project Accounting System integrates with clinical and third-party databases for automated... More

Project accounting and financial tracking systems without integration are no better than static excel documents. The Prevail Project Accounting System integrates with clinical and third-party databases for automated reconciliations and allow exports for ERP or accounting systems and SOX reporting. Less

Project accounting and financial tracking systems without integration are no better than static excel documents. The Prevail Project Accounting System integrates with clinical and third-party databases for automated reconciliations and allow exports for ERP or accounting systems and SOX reporting.

Site Budget Tracking

Manage site budgets by patient, by visit or by procedure and automatically calculate overhead while incorporating start-up, IRB or other fixed costs. Items can be assigned to Standard of Care or tracked as Reimbursable... More

Manage site budgets by patient, by visit or by procedure and automatically calculate overhead while incorporating start-up, IRB or other fixed costs. Items can be assigned to Standard of Care or tracked as Reimbursable and multiple currencies can be managed simultaneously. Less

Manage site budgets by patient, by visit or by procedure and automatically calculate overhead while incorporating start-up, IRB or other fixed costs. Items can be assigned to Standard of Care or tracked as Reimbursable and multiple currencies can be managed simultaneously.

Benchmarking and Vendor Analysis

Industry pricing information can be used to forecast upcoming study costs or to compare bids to an objective industry average. Patented tools allow for standardization, normalization and equalization of vendors costs... More

Industry pricing information can be used to forecast upcoming study costs or to compare bids to an objective industry average. Patented tools allow for standardization, normalization and equalization of vendors costs to enable apples-to-apples analyses. Less

Industry pricing information can be used to forecast upcoming study costs or to compare bids to an objective industry average. Patented tools allow for standardization, normalization and equalization of vendors costs to enable apples-to-apples analyses.

Ready to see how Prevail’s Grant Navigator can help save time, effort, and cost?

Request Demo

 

Prevail Grant Navigator Report

Prevail Grant Navigator can configure the triggers for site payments, including custom payment rules for each site – giving you valuable flexibility and control over your site budgets.

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Prevail Grant Navigator & Project Accounting System
Key Features & Benefits

17

US PATENTS IN CLINICAL TRIAL TECHNOLOGIES

100s

OF SUCCESSFUL PHASE I-IV CLINICAL TRIALS

7

PRODUCT APPROVALS WITH PREVAIL PROVIDING CRITIAL SUPPORT