DataArt Joins Forces with the World's Leader PSI CRO to Develop Budget Software

Manufacturing Chemist covers DataArt’s partnership with PSI CRO to develop anew budget system that automates and streamlines PSI’s budget calculation process. The software provides a better view of the clinical trial progressand offers reliable analytics for better trial-management decisions.

“PSI, recently voted the best CRO organisation worldwide by CenterWatch Global Investigator Site Survey 2017, has partnered with DataArt to develop a new software solution that would accelerate and optimize budget calculation, tracking and analysis for clinical trial projects.

The new budgeting system combines functionality of a costing tool and a budget tracker, while interfacing with the clinical trial management system. From the proposed budget calculations based on project demands, to tracking and correlating the actual spending, the system processes a multitude of variables, allowing for more precise budgeting. The system also serves as a transparent and flexible sales support tool to quickly model any budget project scenarios chosen by PSI’s clients, allowing them to reconfigure variables and see how they affect the overall budget.

‘[The new software] complies with strictest demands for budget transparency, level of detail and ease of manipulation to help clients model, evaluate and come up with most optimal solutions.’ said Daniel Piekarz, Head of the Healthcare and Life Sciences Practice at DataArt.”

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