Financial Modules

Clinical Trial Accruals



Ideally, while there may be a variance between accruals made & invoices paid (cash) at the least by the study end we don’t want variability using current systems.




Additionally, forecasting becomes a challenge at quarter stops & accrual recording becomes critical




  • Smart Contracts initiates payment
  • Instant money transaction
  • Accurate forecasting
  • Peer-to-peer Real-time payments
  • Speedy recording of expenses
  • Minimization of accruals




Due to patient drop-outs, the actuals are less than budget estimated

Accruals = Payouts; at the end of trial