CONSHOHOCKEN, PA — Suvoda announced the addition of split budget functionality to its Budgeting & Benchmarking software, a tool used by sponsors and contract research organizations to develop and manage clinical trial site budgets.
The enhancement allows organizations running clinical trials to manage budgets involving multiple payees within a single research site, the company said.
Budgeting & Benchmarking, previously known as EnvisiX, is used to structure site budgets using fair market value data and to connect budgeting workflows with downstream payment processes.
In many clinical trials, a single research site may involve multiple parties, including investigators, radiology departments, laboratories, or affiliated institutions that require separate contracts and payments.
According to Suvoda, sponsors have often managed those arrangements outside of budgeting platforms, relying on spreadsheets or other manual processes.
The split budget capability allows sponsors to configure budgets that reflect multiple payees within a site while maintaining a single workflow across all locations involved in a study.
Iain Wood, senior product manager at Suvoda, said budgeting plays a central role in the relationship between sponsors and research sites.
“Investigator grant budgeting is not just an administrative step in a clinical trial,” Wood said. “It is foundational to the sponsor-site relationship and whether payments can be executed accurately and efficiently later.”
The new functionality allows sponsors to negotiate costs separately for investigators, departments, and external facilities while keeping those arrangements within one budgeting system.
The feature also allows organizations to prepare budgets that connect more directly to payment configuration later in the clinical trial process.
Suvoda said the capability reflects how clinical trial operations increasingly involve multiple facilities, such as hospitals, imaging centers, and external laboratories that perform different parts of a study.
The company said its Greenphire Clinical Finance Site Payments platform currently supports payments for more than 70,000 clinical trial sites in over 80 countries.
Ashley Leuthe, associate vice president of product management at Suvoda, said the new feature is intended to better reflect how research sites operate and help reduce administrative work later in the trial process.
“This enhancement helps sponsors structure budgets in a way that better reflects how sites actually operate,” Leuthe said.
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