To address the tremendous administrative burden and financial cost associated with managing the hundreds of thousands of Material Transfer Agreements ("MTAs") processed annually between universities and other nonprofit research institutions, Vanderbilt University developed a comprehensive, scalable automated system for processing and managing MTAs. This system is known as MTAShare. Vanderbilt and Inteum Company (https://www.inteum.com/mtashare) have partnered to make MTAShare available to the entire nonprofit research community.
Drawing upon years of industry knowledge and advanced expertise in the field of material transfer, MTAShare is designed specifically to speed up and streamline the material transfer process.
- Shorter MTA transaction times – MTAShare helps with many steps in the Material Transfer Agreement process including: record keeping, and creating the actual agreement based on researcher surveys. It also keeps everyone updated througout each step of the process, all to reduce the time and resources you and your employees spend on Material Transfer Agreements.
- By saving researchers and administrators time with the MTA process, particularly time spent doing rote clerical work, MTAShare will also reduce overhead costs and researcher frustration. Let’s be honest, most people don’t get into scientific research for the paperwork.
- Automation has, of course, one major added benefit: it drastically reduces the chance for human error. MTAShare greatly decreases the opportunity for human error, only requiring the initial survey for the MTA, administrator review, and recipient review/approval. Every other step is entirely automated.
- Finally, having standardized and assured record keeping for all material transfer agreements is, in itself, desirable. Whether you have a system in place and want to streamline it, or even if you don’t and are looking for consistent record keeping.