Financial Management
Registering your substances undeniably contains a financial aspect. Do you have all costs well recorded? When the dossier preparation is complete, it is important to understand and assemble all costs involved in order to sell the Letter of Access and share the costs fairly and without discrimination.
Over the last years, ReachCentrum has gained vast experience with regards to cost calculations for REACH registration projects – be it for individual Lead Registrants seeking to keep track of their expenses, or complex calculations in consortia with many members and multiple substances.
We have an in-house accounting department and each of our project managers is trained to financially manage a project. A bespoke ERP-system is the backbone of all financial operations.
What does the Financial Management Service offer?
ReachCentrum can take care of all aspects of the financial management for REACH projects.
- Bookkeeping / keeping track of costs
- Cost sharing calculations:
- Operational costs
- Technical consultancy costs
- Testing costs
- Existing data sharing costs
- Budget preparations
- Invoicing
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Reporting |
All services offered are fully auditable by the customer or an independent third party.
How does the service work?
There are different cost aspects that require each a special approach.
How does the service work?Who will benefit from the Financial Management Service?
The service is available for consortia and SIEF Leadership Teams- even if not managed by ReachCentrum.
It is also very useful for Lead Registrants on their own as an independent third party financial administration. The Letter of Access shop is open for each Lead Registrant wanting to offer its dossier to a SIEF.
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