Webinar Replay: Recent Poll Confirms Top Challenges of Contract Research Organizations – and What They Need from their CTMS
Oct 17, 2016
As cited in a recent blog, the Contract Research Organization (CRO) market is rapidly expanding. The flip side of this increased demand is that many CRO’s large and small are struggling to support what sponsors want while maintaining profit margins and curbing costs. While the challenges vary, CRO’s on a recent webinar reported three common areas where they’re often most challenged:
- A lack of flexible reporting,
- Limited access to data to support transparency, and
- Inadequate resources to implement and manage eClinical
Further, CRO’s need clinical trial management software (CTMS) that are agile, scalable and flexible as reported on the same webinar. Participants were asked what top three attributes they look for in a CTMS, and the number one response by an overwhelming majority was scalable functionality.
This shouldn’t come as a surprise since CRO workloads fluctuate based on how many studies they’re conducting, what phase trials they’re supporting, among other factors. Undoubtedly, the key to success for any CRO is having a scalable, agile and flexible solution that can meet their demands and keep their sponsors happy in a Pay-As-You-Grow approach.