Tag: Compass
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Changes to Compass End Dates for Open Ended Industry Funded Clinical Trials
Author: Edwin Bemmel, AVP, Research Grants & Contracts Effective November 17th, 2025, all open-ended clinical trials in Compass with end dates ten years or more from the execution date will have their end dates reduced by five years. Compass will be updated accordingly. Studies with adjusted end dates prior to January 1, 2026, are exempt from…
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Important Update: Clinical Trial Accounts Receivable (CT AR) Data Cleanup and Source of Truth Guidance
Author: Sherry Coleman, Associate Executive Director, CT Post Award Invoicing As part of the ongoing Compass CT AR data cleanup initiative —focused on study accounts managed by the ECRO Invoicing Team—new guidance has been established to clarify financial reporting sources for the research community. For studies managed in ERMS prior to January 21, 2025: The Summary…
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Contracting Updates: Contracts Dashboard Overview, Progress & Plans
Authors: Janette Hannam Hayes, Director, OSP Contracts; Sharon Jones, Interim Director, SOT; Valeria Rainey, Strategic Operations Associate, SOT; Jennifer Gore, Assistant Director, RDA Intent, History and Launch of a Dashboard: OSP continues to prioritize improving the contracting process to foster better internal reporting, better communication, and more transparency with the research community. With that in…
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Finance System Updates Are Coming in April 2020
Updates include: Emory Express User Interface Changes: Go-Live April 6th Compass PeopleTools Upgrade: Go-Live April 20th New Compass Account Administrator Tool: Go Live April 27th Click here to read the full announcement, including details on each of the updates. Stay engaged during the updates: Review Finance System communications. If you do not receive Finance System…
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What are OLTs and how do they impact invoicing and letter of credit draws?
Every transaction expensed to the award goes through a pricing process to determine if the transaction is below the billing limit established for the award. If the transaction is below the billing limit then the transaction is given an analysis type of BIL (the transaction is available for the next weekly LOC Cash Draw or…