Clinical R&D Accruals

70% faster close. Zero headcount growth.

Scale your clinical portfolio with speed, control, and visibility to bring your therapies to market faster

I can't imagine having to go through closes for all of our new studies without Condor; it's revolutionized the way we work, saving us time and reducing errors.

Executive Director, Finance at a public biotech targeting neurological disorders

Explore the power of condor

Automate financial close with built-in accuracy, efficiency and compliance

What used to take weeks now takes minutes, with $5M+ in savings and zero necessary headcount growth. Can you 4x trial volume in 120 days without adding bodies or margin for human error?

It's all possible with Condor.

Accounting solutions

Revolutionizing clinical accounting in biopharma

An AI-powered accruals process for a faster, more accurate financial close

Benefits

Biopharma innovators trust Condor's Clinical Trial Accounting to manage R&D spend with speed, accuracy, and control.

Oversee the full financial lifecycle from budgets and accruals to forecasts and audit-ready reporting in a platform purpose-built for biopharma finance. Harness automated accruals, real-time forecasting, vendor oversight, and a unified system of record in one modern platform for clinical trial accounting

Faster, More Accurate Financial Close

Automated accruals, intelligent reconciliation, and SMART mapping reduce manual effort by up to 70%, shorten close cycles from weeks to days, and improve forecast accuracy across the portfolio.

Confident, Audit-Ready Compliance

Built-in workflows and amendment-in-progress reconciliation maintain accuracy through protocol changes, ensuring a 100% auditable trail and reducing audit preparation time by 60–140 hours annually*.

Scalable Portfolio Management Without Additional Headcount

Standardize processes and automation. Manage 2–3X more studies without increasing staffing. Support portfolio growth. Maintain control and visibility. Reduce operational costs by 30% or more.

Accurate Investigator Payments

Accrue site payments from actual visit data, milestones, and contract terms to enable accuracy, compliance, and faster cycles. Gain granular site-level visibility to control budgets and monitor performance.

*Based on Condor's client experience and internal estimates

AI-Powered Accruals & Process Workflows

Streamline month-end close with fully automated, rules-driven accruals and approvals

SMART Mapping

Map trial activity to financial accounts with intelligent, reusable mapping logic

Intelligent Reconciliation

Automatically detect and resolve discrepancies between budgets, actuals, and accruals

Amendment-in-Progress Reconciliation

Maintain accuracy during protocol changes with real-time amendment tracking

Anticipated Visits, Procedures, and Invoiceables

Align Clinical Operations and Accounting by factoring expected visits, procedures, and invoiceables into accruals and forecasts when site data is delayed

Accelerators

The Clinical Trial Finance Accelerators provide best practices that shorten time-to-value for accruals, and financial oversight. The Accelerators include:

Fit-for-Purpose Data Model
Purpose-built for biopharma clinical trial finance, enabling accurate, audit-ready reporting
Preconfigured workflows
Proven processes to automate accruals, forecasting, and month-end close
SMART Mapping
Intelligent, rules-based mapping of trial activity data from EDC/CTMS and financial data from ERP and P2P into Condor's data model. Systematic, Accurate, Real-time, Traceable mapping

Implementation & Systems Integration

Jumpstart your rollout with solution-specific expertise and automated data ingestion. Our team connects ERP, EDC, and financial systems to establish a centralized study hub with protocols, schedules of assessments, CTAs, and documentation for day-one readiness.

Ongoing Accounting Operations Support

Expert-led services to streamline compliance by maintaining up-to-date audit trails and robust internal controls, keeping your organization audit-ready at all times.

Compliance & Controls Management

Advisory services to map your financial controls to Condor's Financial Close, driving accuracy, compliance, and audit readiness across your clinical trial portfolio.

Audit Package – End-to-End Managed Service

Turnkey service delivering an export-ready audit package, with close checklists, journal entries, and variance analyses, fully linked to source data to cut prep time, speed audits, and ensure compliance

View professional service packages

EXPLORE THE POWER OF CONDOR

Take back control of your accruals process.