Veeva Payments

Veeva Payments is designed to simplify reimbursements to research sites and maintain oversight of study budgets. The system allows payment specialists to define fee schedules for tracking payable activities like visits and procedures. It supports advanced features including advances, holdbacks, limits, invoices, and split payments.

With automated generation of payment requests for payable activities, the system ensures these are tracked for completeness to guarantee timely payments. Veeva Payments typically integrates with an accounts payable system to facilitate the transfer of funds.

Key Benefits

• Speed: Automates payment tracking, streamlining the entire process for efficiency.
• Visibility: Offers real-time reports and dashboards, providing full visibility into upcoming and pending payments, optimizing execution and cash flow.
• Accuracy: Automatically correlates clinical activities with a site’s fee schedule for enhanced precision.

Customer testimonials highlight the improved workflow and efficiency brought by Veeva Payments. It consolidates data, making it readily accessible, and allows for payment processes to commence immediately as data entries are made. This results in significant time savings and enhanced operational readiness.