Hypha

Clinical Trial Management

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This platform consolidates and automates clinical trial financial workflows by integrating budget management, invoice tracking, payment processing, and financial forecasting into a single connected system, eliminating manual data entry, email threads, and disconnected tools. Its main features include tools for drafting and negotiating budgets with version control, centralized invoice management with multi-currency support, accurate and timely payment processing with audit trails, and extensive financial planning dashboards to monitor study expenses and forecast future costs. It addresses problems such as delays in budget negotiations, payment errors, lack of visibility into financial status, and compliance risks, making it ideal for clinical research organizations, sponsors, site networks, and teams managing complex clinical trial budgets and payments.

Hypha can be found in Clinical Trial Management categories.

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Hypha Main Features

• Easy Setup
  You can start using the platform in days by setting up your study, sites, and budgets quickly.
• Budget Manager
  It helps you create, share, and approve budgets in one place, keeping track of every version and change.
• Invoice Manager
  It manages all invoices in one system, showing the status and catching errors or discrepancies.
• Payment Manager
  It processes payments to sites accurately and on time, with full records of each payment.
• Managed Services
  Hypha offers to do the finance work for you if your team doesn't have enough staff.
• Payment Tracking
  You can see the status of every payment from approval to delivery in real time.
• Negotiation Tools
  Sponsors and sites can negotiate, revise, and approve budgets easily in the same system.
• Connected Workflow
  All parts of the financial process, from budgeting to payments, are done in one connected system.
• Financial Planning
  It shows your study's finances, including planned, actual, and forecasted costs, to avoid overspending.
• Invoice Generation
  Automatic invoices are created based on activity and budget terms, saving time.

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