Streamlining global budget development & negotiation

Case study

Accelerating start-up for a global retrospective study

Overview

A leading medical device company partnered with ICON to streamline budget development and negotiation for a retrospective data collection study involving 158 participants, 26 sites, and 5 countries across the United States and Europe. ICON’s responsibilities differed by region:

EU sites: Create budgets and transfer them to the sponsor for negotiation

US sites: Lead negotiations directly with sites and deliver fully executed budgets

  • 158

    participants
  • 26

    sites
  • 5

    countries

Challenge

The sponsor, new to outsourcing budget development, needed a clear view of how budget methodologies, roles, and communication channels would work across regions. Early misalignment on costing assumptions and workflow expectations created delays and inconsistencies that slowed initial progress.

Solution

ICON introduced a highly structured, collaborative model that aligned all teams and accelerated budget delivery. Cross-functional working sessions brought the sponsor and ICON teams together to establish one consistent, transparent process. Solution highlights included:

  • Joint planning meetings to define responsibilities, workflows, and expectations
  • Direct involvement of ICON’s costing experts to explain budget methodology
  • Clear guidelines for when sponsor input was needed during site negotiations
  • Streamlined communication paths between ICON, sponsor teams, and sites

Outcome

ICON delivered a unified, efficient approach that improved clarity, accelerated timelines, and strengthened site and sponsor engagement. This approach delivered faster budget creation, smoother site negotiations, and significantly improved communication while resulting in a highly positive experience for the sponsor and participating sites.

  • Accelerated budget development once alignment was established
  • Efficient, low-burden site negotiations with minimal need for escalation
  • Positive site experience with no negative feedback reported
  • Strong sponsor satisfaction, reflected in post-engagement survey results and repeat business for these activities

For more information

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