Case Study: Compass Therapeutics scales clinical trial accruals without adding headcount with Condor Software

Compass Therapeutics cuts accrual close time by 50% with Condor Software

Compass Therapeutics, a clinical-stage biopharma company, faced a challenge in scaling its clinical trial finance operations with a lean team. Manually reconciling accruals for multiple concurrent trials was a time-consuming process that consumed nearly a week each quarter and was prone to errors. Using spreadsheets, the team struggled with accuracy and knew the process would not support future growth or its upcoming transition to 404B compliance.

Condor implemented its platform to automate the clinical trial accruals process. The solution replaced manual spreadsheets and site-level averaging with granular, contract-accurate estimates for each site. This resulted in a 50% reduction in accrual time per study, recovering nearly a week each quarter and avoiding a potential FTE hire. Condor also helped catch billing errors and established a documented, audit-ready process for the finance team.

Compass Therapeutics, Inc