TMCnet News
ClearTrial Updates SoftwareFeb 11, 2011 (Close-Up Media via COMTEX) -- ClearTrial, a provider of software for the planning, forecasting, and tracking of clinical project and financial performance, has launched ClearTrial 4, an upgrade to the company's product line. ClearTrial 4 includes new features that enhance the way that biopharmaceutical and medical device companies plan, source and track clinical trials, the Company said. The new release includes ClearTrial Task Manager, a feature which enables organizations to add their own tasks and algorithms extending the ClearTrial Work Breakdown Structure (WBS) to more precisely align with their study requirements and business processes. "ClearTrial 4 with Task Manager really offers our customers the best of both worlds," observed Andrew Grygiel, Vice President of Marketing and Product Management for ClearTrial. "Our customers appreciate the speed and accuracy of ClearTrial out of the box, yet many have also developed innovative practices based on their own clinical experience and expertise. ClearTrial Task Manager allows these companies to combine both as they see fit, for even greater speed, accuracy and flexibility in study planning, forecasting, and tracking." According to the Company, ClearTrial Task Manager takes advantage of the software's activity-based costing methodology, which is used in industries that have long faced cost and resource pressure. Sometimes referred to as a bottom-up or project-management approach, activity-based costing begins by predicting the level of effort for a specific resource (person) to perform a given task (activity). The level of effort is calculated based on an algorithm that has been derived from deep experience and analysis of the cost and time drivers that affect each task. ClearTrial algorithms are based on independent, and continuously updated research into clinical study cost and time drivers. Based on this research, all the tasks and subtasks that comprise a clinical study are defined and grouped in a way that helps organize and define the total work scope of the project - the ClearTrial Work Breakdown Structure. Transparent to users, it is this Work Breakdown Structure running in the background that allows ClearTrial customers to conduct accurate study planning simply by entering their clinical assumptions into the software. "We're pleased to offer this important new capability to our customers and to the industry," added Grygiel. "It reaffirms ClearTrial's leadership role in developing clinical software that lets life sciences companies compress study timelines while reducing study risks, helping to overcome a challenging operating environment." ClearTrial is the leading provider of Clinical Trial Operations (CTO) software, linking clinical planning, forecasting, and tracking of operational and financial performance in a single, integrated system. More information: cleartrial.com ((Comments on this story may be sent to [email protected])) |