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Precisely

by Precisely · Since 2014
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ActiveAvailable globallyCloud
Quick facts
VendorPrecisely
Year launched2014
StatusActive
LocationNellickevägen 26, Gothenburg, Västra Götaland County 41263, SE
Countries servedGlobal
Languages2
Integrations29+
Free tierN/A
Free trialN/A
Contact salesYES

About Precisely

Precisely is a contract lifecycle management (CLM) platform from Precisely that automates workflows, ensures compliance, and helps close deals faster. It provides features such as controlling edits and access for compliance and risk management, creating contracts and templates of any complexity, and simplifying contract management with an intuitive system. Additionally, it reduces manual work by accepting AI-powered suggestions and maximizes security with custom hosting and encryption. Trusted by over 500 companies, Precisely supports organizations in simplifying their contract processes. Key capabilities: contract creation compliance management intuitive user interface AI suggestions security measures Best for: businesses that need efficient contract management solutions.

Precisely by Precisely is a comprehensive software solution designed to streamline contract management processes. One of its standout features is its ability to automate tedious tasks, saving users time and reducing the potential for errors in their documentation. The user interface of Precisely is intuitive and user-friendly, making it easy for users to navigate through the various features and functionalities. The design elements are clean and modern, enhancing the overall user experience. What sets Precisely apart from its competitors are its advanced functionalities, such as AI-powered contract analytics and smart document generation. These innovative aspects enable users to gain deeper insights into their contracts and generate customized legal documents with ease. In terms of performance, Precisely excels in speed, efficiency, and reliability, even when managing large datasets or handling complex operations. The software runs smoothly and delivers results promptly, which is essential in a fast-paced business environment. Precisely integrates seamlessly with other tools, making it easy for users to connect with their existing systems and workflows.

Pros & Cons

Pros
  • 1. Efficiency Gains: Automates contract creation and approval processes, significantly reducing manual effort and turnaround time.
  • 2. User-Friendly Interface: Designed for ease of use, allowing users with varying levels of legal expertise to navigate and utilize the platform effectively.
  • 3. Enhanced Compliance: Maintains standardized templates and approval workflows to ensure all contracts meet legal and organizational standards.
  • 4. Secure Document Management: Offers a centralized, encrypted repository for all contracts, ensuring data integrity and accessibility.
  • 5. Scalability: Accommodates the needs of growing organizations by supporting increased contract volumes and complexity.
Cons
  • 1. Pricing Transparency: Specific pricing details are not publicly available, requiring potential customers to engage directly with the sales team for information.
  • 2. Integration Complexity: Integrating with existing systems may require additional configuration and resources.
  • 3. Feature Overload: The extensive feature set may be overwhelming for smaller organizations with simpler contract management needs.
  • 4. International Availability: Primarily serves clients in specific regions, which may limit accessibility for organizations outside those areas.

Features

Key features

• Automated Contract Creation

Utilizes questionnaire-based templates to swiftly generate compliant contracts, reducing manual drafting time.

• Workflow Automation

Streamlines approval processes and automates repetitive tasks, enhancing operational efficiency.

• E-Signatures

Offers secure electronic signing capabilities, expediting contract finalization.

• Centralized Document Repository

Provides a secure, cloud-based archive for all contracts, featuring smart search and filtering for easy retrieval.

• Compliance and Monitoring

Ensures adherence to contractual obligations with automated reminders for key dates and milestones.

Additional features

• User Permissions

Allows customization of access levels to maintain control over contract editing and approval processes.

• Collaboration Tools

Facilitates seamless communication among stakeholders during contract negotiation and review stages.

• Integration Capabilities

Connects with various applications to synchronize contract data across platforms.

• Analytics and Reporting

Delivers insights into contract performance and workflow efficiency to inform decision-making.

Pricing

Free trial
Free version
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Promo Offer

Countries & Languages

Global
Countries served
2
Interface languages
8
Billing currencies

Interface languages

EnglishSwedish

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇯🇵JPY

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