Ledger Run hires ex-Cytel and Oracle exec Anne Pelz as VP of Product

A product veteran from life sciences technology

Pelz brings more than two decades of life sciences technology experience, according to Ledger Run. She holds an undergraduate degree in mechanical engineering from Yale University and an MBA with a concentration in new product development from MIT Sloan School of Management.

Her career began in product management at PHT Corporation, which was later acquired by Clario. There she led the development of what became Clario's cornerstone mobile tool. She then joined Parexel, where she managed the development of medical imaging software and worked as a solutions consultant for the company's eCOA division.

Pelz later served as vice president of product at Cytel, where she helped build and launch a clinical trials management platform. She then took a similar executive role at Oracle before moving to Ledger Run.

AI aimed at invoice handling and manual work

Ledger Run says Pelz's leadership will sharpen its push toward a best-in-class platform that streamlines financial operations for sponsors and contract research organizations (CROs) and creates a better payment experience for trial sites.

The company says it is backing this effort with stepped-up R&D investment and new AI aimed at the industry's biggest friction points. One example it gives is automatically cross-referencing and uploading invoices across multiple systems to speed processing. It also wants to eliminate manual, error-prone administrative work.

CEO John Chinnici said the financial back-office in the industry "runs on manual, error-prone work, and that is precisely where AI shines brightest." He added that with Pelz guiding the roadmap, the next-generation platform will automate financial processing, serve customers better and "fuel serious growth."

Pelz on AI, people and sites

Pelz said she wants to "replace fear of AI with excitement about how it can allow people to concentrate on strategic tasks that require a human touch." In her words: "Let the machines do the boring stuff, so we can focus on what matters most: the patients."

She also pointed to the burden on research sites, saying she has spent years visiting them. Her aim at Ledger Run is to develop a platform that helps sites focus on patients and run a successful trial instead of chasing payments. The company says it is improving the site experience by providing greater clarity and faster remittance.

About ClinRun and upcoming events

Ledger Run's software suite, ClinRun, covers budgeting, contracting, payments and forecasting. The company describes it as the industry's only unified CTA-to-pay platform. According to Ledger Run, it is used by three of the top 10 pharmaceutical companies, two of the top five CROs and 18,000 sites worldwide.

Pelz and the company will appear at two upcoming events: SCRS' Global Site Solutions Summit in Orlando (Oct 15-18) at booth #207, and the annual OCT New England meeting in Boston (Oct 27-28) at booth #71.

For sponsors, CROs and sites, the announcement signals where Ledger Run plans to focus its product work: automating financial processing and simplifying payments. The source does not give a release timeline or specific product launches.