Rave Site Payments is a comprehensive clinical trial financial management solution that provides real-time payment processing triggered by any Electronic Data Capture (EDC) system. It offers capabilities for handling complex budgets and payment terms while ensuring visibility and compliance through reporting and dashboards.

Key Features

EDC Driven & Agnostic Unified solution that triggers payments directly from EDC data points

• Compatible with all EDC systems
• Ensures accurate calculation and timely processing

Global Invoicing & Auto Tax Calculation Advanced global payment capabilities

• Automatic tax calculation for most countries
• Invoicing module for easy global payments

Real-time Reporting Comprehensive reporting and compliance tools

• Ad-hoc reporting capabilities
• Out-of-the-box forecasting reporting
• Sunshine Act and ASC606 compliance

Payment Processing Services & Site Portal Expert team for payment processing and site management

• High accuracy rate and first-class customer service
• Site portal for enhanced relationships and transparency

Benefits

Improved Site Payment Cycle Times Streamlined and automated payment processes

• Automatic payment triggers connected to EDC
• Flexible and configurable setup for complex budgets and payment terms

Truly Global Payment Capabilities Comprehensive global payment solution

• Payments to nearly every country in every currency
• Automatic global tax capabilities and currency exchange rate reporting

Reduced FTE Burden Efficient management of site payments

• Central location for receiving critical study assets
• Option to outsource payment processing while retaining control

Full Transparency Comprehensive visibility into payment processes

• Large suite of out-of-the-box reports
• Dashboards for all stakeholders in the site payment process