Naperville, IL & San Mateo, CA – April 4, 2025 –
Cloudbyz, a leading provider of cloud-based clinical trial management solutions, is excited to announce its strategic partnership with Tipalti, a global leader in finance automation. This collaboration aims to revolutionize clinical trial site payments by integrating Tipalti’s comprehensive payment capabilities into Cloudbyz’s suite of eClinical solutions.
Clinical trial sponsors and contract research organizations (CROs) often face challenges in managing site payments due to complex global regulations, multiple payment methods, and administrative inefficiencies. Through this partnership, Tipalti’s advanced finance automation suite and Cloudbyz’s Clinical Trial Financial Management (CTFM) solution will work together to provide end-to-end solutions for payment management, helping streamline financial workflows and ensuring timely, transparent, and compliant payments for clinical trial sites worldwide.
Key Benefits of the Partnership:
- Seamless Global Payments – Tipalti enables automated, multi-currency payments in 196 countries and 120 currencies, supporting 50+ payment methods, including ACH, Wire, SEPA, BACS, Global ACH (eCheck), PayPal, and prepaid debit cards.
- Enhanced Compliance & Fraud Prevention – Built-in tax compliance and fraud detection tools help reduce financial risks while ensuring regulatory adherence across international markets.
- Improved User Experience – Faster, more transparent payments reduce financial strain on clinical sites, enhancing engagement and fostering stronger relationships between sponsors and trial sites.
- Unified Workflows – The partnership between Cloudbyz and Tipalti simplifies payment processes, reducing the manual administrative burden for CROs and clinical operations teams. Users can efficiently manage, track, and trigger payments, ensuring a seamless and transparent payment experience.
“Clinical trial site payments have long been a pain point for sponsors and CROs, leading to unnecessary delays and administrative overhead,” said Dinesh Kashyap, CEO & Founder of Cloudbyz. “By partnering with Tipalti, we are bringing a frictionless payment experience to clinical trials, ensuring that investigators and sites can focus on what matters most – advancing research and improving patient outcomes.”
“Tipalti is proud to support the unique financial and operational challenges of the life sciences sector with streamlined, scalable global payment solutions,” said Zach Svendsen, VP of Alliances at Tipalti. “Our partnership with Cloudbyz enables clinical research organizations to accelerate innovation and overcome financial workflow bottlenecks with a seamless, automated, and fully compliant payment solution.”
With this partnership, Cloudbyz and Tipalti are setting a new standard in financial efficiency for clinical trials, accelerating research while ensuring compliance and operational excellence.
About Cloudbyz
Cloudbyz is at the forefront of transforming clinical trials for life sciences organizations through a cloud-based platform built on Salesforce. Cloudbyz’s fully integrated suite includes CTMS, EDC, eTMF, and Safety & Pharmacovigilance solutions, enabling operational efficiency, enhanced compliance, and a faster route to delivering life-saving treatments to patients. To learn more, visit www.cloudbyz.com.
About Tipalti
Tipalti is a global finance automation company helping finance teams drive business growth by automating and streamlining accounts payable, mass payments, procurement, and employee expenses in one connected suite. Tipalti takes the complexity, cost, and risk out of time-consuming financial workflows, making it easy for finance teams to collaborate with employees and suppliers. Tipalti partners with blue-chip banks and financial institutions such as Citi, Wells Fargo, J.P. Morgan and Visa, enabling global companies to efficiently and securely pay millions of suppliers across 196 countries, over 50 payment methods, and 120 currencies. Over 5,000 growth-minded companies globally use Tipalti’s suite of solutions to reduce their manual finance workload by 80% and accelerate close by 25%, all while strengthening financial and spend controls.
Pooja Sood
Cloudbyz Marketing Team
marketing.team@cloudbyz.com
