Payments

Payments

Payments

The Medidata Payments Cloud automates the clinical site payment workflow. It processes high volumes of invoices and complex payment requests to sites across the globe quickly and accurately. Whereas sites can sometimes wait months for reimbursement, Payments significantly improves the timetable, thus helping ensure and preserve the site-sponsor/CRO relationship.

Site payment technology that’s driven by EDC

Paying clinical sites is a critical part of any study. They need to be reimbursed for their work and costs incurred. With clinical sites under increasing economic pressure, sponsors and CROs that are able to consistently pay sites on time, and correctly every time, have an advantage.

That’s why we created Medidata Payments—the industry’s only global site payment technology that’s driven by EDC. It’s a new way to pay clinical research sites. It’s a unified, cloud-based technology that makes site payments as easy as payroll. Your accounting department doesn’t skip paychecks or miscalculate wages and taxes, and now your clinical finance team doesn’t have to either. Let timely, accurate payments speak for themselves.

With Medidata Payments, you’ll get the value of using a unified, cloud-based platform solution to pay all your sites anywhere across the globe. It automatically triggers, calculates, and disburses payments directly into a site’s bank account. 

  • Shortens payment cycle times. With its out-of-the-box connection to your EDC system, Medidata Payments automatically triggers payment calculation when site work is complete, making it the only solution capable of shortening the time from when a site’s work is complete to reimbursement received.
  • Manages global payment complexities. Our robust calculation engine tackles country-specific nuances and site contract requirements enabling you to disburse payment to sites anywhere across the globe.
  • Provides financial accountability. Whether you outsource site payment processing to a CRO or manage the process internally, our system provides one-stop-shop access to timely, accurate data for accrual reporting. And with the ability to export your investigator payment records, you’ll have all the data needed to meet global transparency reporting requirements.

Global operations make Medidata Payments the industry’s top choice.
Medidata’s payment centers of excellence is located in London. Our innovative solution was designed in collaboration with sponsors, CROs and sites around the globe. Our fund transfers are trusted globally—they are powered by a leading payroll provider with expertise in sending payments to banks worldwide

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