Clinical Trial Budgeting with Precision and Transparency

Mushroom Solutions’ CTMS Budget and Coverage Analysis module is purpose-built to bring clarity, control, and accuracy to clinical trial financial management. Designed to support seamless sponsor–site collaboration, the module simplifies budget planning, negotiation, and execution while ensuring alignment with regulatory and contractual requirements. The platform enables protocol-driven cost modeling, allowing sponsors and CROs to define study budgets based on activities, procedures, and visit schedules. Automated coverage analysis ensures accurate differentiation between sponsor-paid and standard-of-care costs, reducing compliance risk and financial discrepancies. With milestone-based payment automation, finance and clinical teams gain real-time visibility into payment triggers, site invoices, and budget utilization across trial phases. Built-in controls and audit trails ensure transparency, traceability, and inspection readiness throughout the study lifecycle. By eliminating manual spreadsheets and fragmented processes, the CTMS empowers organizations to optimize cost allocation, reduce payment delays, and maintain financial governance—ensuring every dollar is tracked, validated, and accounted for in real time. Key Capabilities Protocol-based budget and coverage analysis Sponsor–site budget collaboration and negotiation Milestone-driven site payments and invoicing Real-time budget tracking and variance monitoring Audit-ready financial documentation and traceability Regulatory-aligned financial compliance