Finance Tool for NIHR

The Clinical Research Network (CRN) is part of the National Institute for Health Research (NIHR) and provides the infrastructure that allows high quality clinical research funded by charities, research funders and life-sciences industry to be undertaken in the National Health Service (NHS). The CRN comprises the Clinical Research Network Coordinating Centre (CRNCC) and the 15 Local Clinical Research Networks (LCRNs), which cover the whole of England.

This document outlines the requirements for a CRN Online Finance Tool, the purpose of which is to:

1) enable the CRNCC to provide assurance to the Department of Health and Social Care (DHSC), confirming that the LCRNs annual funding allocation has been spent appropriately and according to good financial management;

2) enable the CRNCC Finance Team to provide robust analysis and reporting of the financial performance of the LCRNs to optimise LCRN efficiency and value for money.