Palleos boosts oncology trials expertise at Clinical Operations 
in Europe (Munich)

A clinical research coordinator’s day can, at best, be described as busy, stressful and fast-paced, as there are numerous tasks to complete, ranging from scheduling patient appointments to tracking study documents. Utilizing professional tools that are specifically designed to streamline this workflow and enhance productivity is crucial. 
The management of clinical trials is becoming increasingly challenging with every passing year. The enhanced growth and complexity of studies mean that there is a need for more sophisticated financial and human resource management. Additionally, there is a growing demand for real-time data accessibility by key stakeholders.  
A Clinical Trial Management System (CTMS) is a comprehensive software tool that is designed to address all these challenges and manage all day-to-day operations. This technology provides a centralized platform that helps site staff to optimize the planning, execution, and overall management of clinical trials.

The Benefits of CTMS

It is important for clinical trial teams to carefully select a CTMS that aligns with both their present requirements and future goals. See below for a list of key benefits: 
Access to accurate and up-to-date info. Having access to precise trial information is crucial for the success of studies. Implementing a CTMS can address many issues by providing transparency and centralized access to all study-related data. This allows the study team to perform their tasks effectively and make well-informed decisions.

• Team collaboration. Such a system is a great place for the collaboration of all project teams to occur, that is, sponsors, CROs, sites and vendors.
• Oversight. Consolidating all project and patient data into a central hub is vital. The CTMS provides transparency in handling all key aspects of your project, such as site initiation, patient screening and recruiting, document managing, site monitoring, and medical monitoring. Interactive dashboards and comprehensive data reports present visual representations and performance evaluations.
• Efficiency and robust reporting. Increase productivity with a specialized CTMS that assists your study team in efficiently planning and monitoring every trial stage. For instance, an electronic visit report authoring feature seamlessly integrates visit details, such as date, site, investigator or monitor name, and ensures completion of all required sections automatically. Unlike Word, the CTMS can perform this effortlessly. Enjoy robust reporting capabilities to better streamline operations.
• Detailed financial management. CTMS offers advanced financial management capabilities, allowing for accurate tracking and forecasting of trial costs. The Payment functionality has the capability to generate site payment tracking records effortlessly, utilizing the information from your contracts once visits are flagged as finished. This includes managing incoming grants, outgoing expenses, incentives, and salaries. CTMS can also handle any necessary disclosures.

How to choose the right CTMS

Choosing the right Clinical Trial Management System involves considering various factors, such as the size of the company or project, the complexity of the study, financial limitations, and specific trial requirements. Any software used for clinical trials must adhere to all guidelines imposed by HIPAA and other regulatory bodies. In addition, such systems should be flexible enough to adjust to changing compliance regulations. Thus, implementing a CTMS necessitates comprehensive preparation and consideration. Seamless integration also depends on effective staff training programs, successful transferring of data, and system customization.

Here are some key factors to consider when selecting the platform that best fits your needs.

• Featureset;
• Customization;
• EDC integration;
• Ease of use;
• Compliance;
• Security;
• Contract and payment system;
• Reporting and business analytics.