Condor Software and Danforth Advisors Announce Strategic Partnership to Revolutionize Financial Management for Biopharma
San Diego, CA - July 30, 2024 - Condor Software, a leader in clinical trial finance and accounting software, and Danforth Advisors, a premier financial and operational support provider to biopharma companies, are excited to announce a strategic partnership aimed at revolutionizing financial management within the biopharma sector.
This collaboration leverages Condor Software’s cutting-edge technology with Danforth Advisors’ extensive expertise to deliver unparalleled solutions for managing the complexities of clinical trial finances. Together, they will enhance accuracy, efficiency, and compliance, ensuring biopharma companies focus on science and innovation.
“Partnering with Danforth Advisors allows us to extend our capabilities beyond technology to provide a comprehensive financial solution tailored to the unique needs of the pharma industry,” said Jennifer Kyle, CEO of Condor Software. “I have long admired the exceptional talent Danforth brings to the intersection of Clinical, FP&A, and Accounting. By combining their expertise with our technology, we offer end-to-end solutions that truly bridge the gap the industry has been seeking, enabling biopharma companies to achieve new heights of financial excellence.”
Danforth Advisors’ Dan Dehner, Managing Director, added, “This partnership represents a significant advancement in equipping biopharma companies with the tools necessary for success. By integrating Condor’s software with our strategic financial and clinical services, we can offer a holistic approach to managing clinical trial finances, from planning to execution.”
Key benefits of this partnership include:
- Accelerated Financial Close: Increased efficiency through streamlined workflows and automations.
- Accurate and Defensible Study Budgets: Enhanced visibility into operational and financial planning for effective negotiation.
- Unified Clinical, Business, and Finance: Improved data integration between platforms.
- Enhanced Compliance: Robust auditing and regulatory compliance features.
This partnership is a substantial step forward in driving unity, automation, and operational excellence. It arrives at a pivotal time as the industry navigates rapid innovation alongside increasing complexities and capital constraints.
About Condor Software
Condor is the leading financial intelligence and automation platform tailored for the unique needs of the biopharma industry. By automating clinical accruals and forecasting processes, Condor ensures accuracy, compliance, and efficiency for accounting and FP&A teams, enabling them to focus on strategic decision-making and value creation.
For more information, please visit www.condorsoftware.com or email info@condorsoftware.com.
About Danforth Advisors
Danforth Advisors offers a full suite of financial, operational, and strategic support services to biopharma companies, helping them achieve their goals from startup through commercialization.
For more information, please visit www.danforthadvisors.com