R&D Finance and Accounting
Built for Biopharma
Auxilius is trusted by biopharma teams to drive efficiency, accuracy, and compliance of R&D budgeting, planning, forecasting, and accruals.
“What is our best estimate of R&D expenses this period?”
Replace time-consuming manual entry and workbook QA with accrual automation built to scale. Integrate real-time clinical data, invoices, vendor estimates, and team input to inform accurate expense estimates.
- One-click multi-source data-ingestion
- Side-by-side expense source comparison
- Change order + protocol amendment mgmt.
- Single source of truth for R&D expense estimates
“What drove our investigator grant costs?”
Get a granular view of investigator spend - without the 30- tab patient tracker. Auxilius maps coded patient visits and patient invoice-able procedures to site contracts to inform investigator expense estimates.
- EDC data ingestion and mapping
- Translation of clinical activity to contracted costs
- Use predicted visits in lieu of lagging EDC data
- Streamlined ClinOps collaboration
"Are our site payments complete and accurate?"
Confirm site payment accuracy and identify overbilling, all while saving time with automation. Auxilius validates individual site transactions with data from the study's clinical systems every quarter - with a match rate up to 90%.
- Outsourced service model
- CRO payments, site contracts, and EDC data-mapping
- Automated reconciliation with an up to 90% match rate
- Quarterly analyses and QA by clinical data experts
“How do we scale our processes to withstand audit scrutiny?”
Organize and streamline your close while strengthening SOX controls and financial processes. Auxilius has built-in processes and controls designed to mitigate audit-risk and make you audit-ready.
- Compliant close workflows + close checklist
- JE export mapping to your GL
- Exportable audit package and audit log
- Feature-level permissioning
- Journal entry traceabiliy and reproducibility
“How are changes in our trial impacting the forecast?”
Leverage clinical drivers to keep study budgets up-to-dateas reality deviates from plan. Re-forecast in real-time as protocols and timelines shift, enrollment lags, and Change Orders roll in.
- Forecasting methodology at the Vendor or Activity level
- Dynamic drivers: Timeline milestones, Patient and Site curves
- Study- and Vendor-level BvA and Variance Analysis
- Change Order management and processing
Customer Footprint
What it’s like to work with us
Integrate seamlessly with your existing tools and workflows
Tested and trusted by
Big Four auditors
Auxilius is a proven, automated way to ensure control, completeness, and accuracy in R&D accruals, supporting 404a and 404b filers.
- SOC1 & SOC2 compliant
- Exportable audit history
- User-based permissioning
- 3rd-party data corroboration
- Configurable approval flows
- Standardized processes + controls
- Records of change
- Single sign-on
- Single-tenant environment
- Encrypted and secure
- SOC1 & SOC2 compliant
- Exportable audit history
- User-based permissioning
- 3rd-party data corroboration
- Configurable approval flows
- Standardized processes + controls
- Records of change
- Single sign-on
- Single-tenant environment
- Encrypted and secure
- User-based permissioning
- 3rd-party data corroboration
- Configurable approval flows
- Standardized processes + controls
- Records of change
- Single sign-on
- Single-tenant environment
- Encrypted and secure
More than purpose-built software
“The Auxilius team was like having an auditor on the inside”
Every Auxilius customer receives dedicated support from our 20-person operations team that includes CPAs, finance professionals, and former auditors that are dedicated to your success – all out of the box.
- Designated technical accounting lead
- Clinical data and business analysts to support data mapping, ingestion, and QA
- Ongoing auditor engagement and support
- Unlimited help desk support and access to Auxilius training library with 90+ user guides
Discover a new approach to clinical trial financial management
