Condor Compass

Condor Compass is a financial planning and forecasting module within the Condor Platform, designed for biopharma finance teams managing R&D budgets, scenario forecasts, and investigator payment estimates. It connects operational and financial data in a single environment, providing audit-ready transparency and real-time visibility across clinical study finances.

Compass is built for accounting, FP&A, and clinical operations teams at emerging, mid-sized, and enterprise biopharma organizations, as well as MedTech companies and CROs. It addresses the need for precision and agility in R&D financial management, where timelines, protocols, and vendor terms frequently change.

Budgeting

• Supports creation of study budgets tied directly to operational drivers such as timelines, protocols, and vendor agreements.
• Centralizes all cost assumptions, cost drivers, and vendor terms in one location.
• Allows budgets to be updated as study parameters change, while maintaining traceability and control.

Scenario Forecasting

• Supports modeling of what-if changes across variables including enrollment rates, visit schedules, and study scope.
• Provides real-time data feeds and AI-enabled calculations to quantify the financial impact of changes instantly.
• Allows side-by-side comparison of multiple forecast scenarios to support portfolio-level decision-making.
• Includes multi-variable scenario planning with the ability to forecast by region and cohort, add custom line items, and adjust activity drivers.
• Supports quantification of risks and planning of mitigation strategies before issues escalate.

Investigator Payment Estimation

• Automatically calculates upcoming site payments based on contracted terms, patient activity, and study milestones.
• Integrates directly with EDC and CTMS data to align payment schedules with actual site performance.
• Reduces manual effort and errors in payment estimation, supporting site satisfaction and sponsor-site relationships.

Platform Integration

• Built on the Condor Platform, which also includes Condor Copilot for close and forecast support, and Condor Connect for integrating and automating clinical finance operations.
• Connects operational and financial data across the R&D finance ecosystem.
• Designed to support compliance and audit requirements, with audit-ready transparency built into workflows.

Condor Compass is part of a broader platform that includes accounting automation, FP&A planning, and benchmarking and analytics capabilities. The platform is used by biopharma organizations ranging from emerging companies to large enterprises, and is noted as trusted by Big-4 audit firms. Professional services support is available for implementation and ongoing R&D finance operations.