Clinical trial FP&A software that scales

Auxilius combines the process, guardrails and best practices of large pharma with the technology and analytics needed to drive trial financial precision, alignment and R&D success as you scale.

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Unify your trial budgets

  • Manage vendor- and trial-level budgets against plan, digitally, in a platform designed to drive insight
  • Surface key contract terms and trial assumptions from burdensome legal documents – out of silos and at your fingertips for driving accountability and alignment
  • Reconcile budgets, accruals, invoices and payments to date across trials

Dynamically forecast and manage accruals

  • Leverage Auxilius’ data-driven forecast and accrual logic – customized to your trial specifics and manageable across multi-trial portfolios
  • Tie key trial expenses to underlying cost drivers at an activity level, from milestone to milestone, and by vendor
  • Track accuracy against actuals to improve methodologies and support audit readiness
  • Ensure capitalization for upcoming quarters, and provide accurate inputs for fundraising or investor reporting

Review and validate invoices across your vendors

  • Maintain a single platform for timely and precise invoice aggregation, review, and acceptance
  • Integrate and unify existing approval workflows in a single platform to ensure alignment across decision-makers on trial- and vendor-level spend
  • Validate invoices and flag off-plan costs with objective, third-party review of evidence across services, pass-through, and investigator fees
  • Connect and track trial-specific vendor spend with enterprise-level purchase orders

Manage and track change orders

  • Collaboratively manage change logs with vendors to stay aligned around the magnitude and impact of change in real-time
  • Uncover trends in unplanned costs early to mitigate the risk of budget creep and trial delay
  • Validate change orders with objective, third-party review
  • Pinpoint underlying drivers of change to inform intervention or incorporate trends into budget forecasts and timelines

Manage financial risk

  • Create goals and risk triggers to serve as trial guardrails, ensuring efficiency and accountability
  • Create goals manually or utilize historic trial data to define what ‘good looks like’ or to identify early predictors of risk
  • Identify financial risks early and raise with relevant stakeholders to address or internalize deviations from plan

Model scenarios and comparisons

  • Flex key cost drivers to understand the impact on trial cost and compare against “baseline budget”
  • Understand the impact of exceeding risk thresholds and planned timelines at both the line item and overall budget levels
  • Proactively model trial intervention (e.g. protocol change, add/close site, delayed timelines) without dependence on vendor inputs and vendor delays
  • Understand the trade-offs between cost, timing, and trial risk to ensure that any planned incremental spend meets ROI targets

Powerful features, right-sized for your biotech

Auxilius is a lightweight solution designed from the ground up for biotechs. We built a tool to deliver value at any stage of trial, rapidly — and without long or costly implementation. Our mission is to build software that gives small and emerging Sponsors best-in-class financial processes and controls.

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