What is Precisely?

Optimise your contract management lifecycle, from initial request to the renewal of contracts. Our contract management platform gives you up to 25x faster contract turnaround and more than 10x faster contract creation.

We provide you with all the means for both compliant and resource-efficient contract management. Increase control, reduce costs, and free up countless hours of administrative contracting work using Precisely.

Who Uses Precisely?

Precisely is a contract management software for enterprises and fast-growing scaleups. Scale your legal function sustainably with a user-friendly CLM platform covering all your contract needs.

Where can Precisely be deployed?

Cloud, SaaS, Web-based

About the vendor

  • Precisely
  • Located in Göteborg, Sweden
  • Founded in 2014
  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Austria, Belgium, Canada, Denmark, Finland and 17 others

Languages

Danish, Dutch, English, Estonian, Finnish and 3 others

Precisely pricing

Starting Price:

US$62.00/month
  • Yes, has free trial
  • No free version

Precisely does not have a free version but does offer a free trial. Precisely paid version starts at US$62.00/month.

About the vendor

  • Precisely
  • Located in Göteborg, Sweden
  • Founded in 2014
  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Austria, Belgium, Canada, Denmark, Finland and 17 others

Languages

Danish, Dutch, English, Estonian, Finnish and 3 others

Precisely videos and images

Precisely Software - Share the workload, stay in control. Set appropriate permission levels to each user, template and archive folder. Direct a contract to the right person automatically with approval structures. Involve colleagues in HR, Sales and Finance in the workflow.
Precisely Software - Reduce the risk of human error with advanced formulas. No more manual calculations and the risk of a single costly comma. Our CLM platform makes it effortless for you to embed complex, conditional logic and advanced formulas into your workflows.
Precisely Software - Easily find all your contracts in the AI-assisted archive. Unlimited and secure storage for all of your contracts, with folder-level access control. Export easily with filters and metadata. Get automatic reminders for important contract milestones.
Precisely Software - Create compliant contracts, at scale. Shift your focus to business intelligence and growth by cutting out repetitive tasks. Our customizable and automated contracting workflows make the process 10x faster for all contract types.
Precisely Software - Keep data secure and compliant. Our encryption protocols exceed EU’s data protection and infrastructure standards so your assets are always safe and secure. Stay compliant with SchremsII and GDPR, and get added protection on user-level with 2-factor auth.
View 5 more
Precisely Software - Share the workload, stay in control. Set appropriate permission levels to each user, template and archive folder. Direct a contract to the right person automatically with approval structures. Involve colleagues in HR, Sales and Finance in the workflow.
Precisely Software - Reduce the risk of human error with advanced formulas. No more manual calculations and the risk of a single costly comma. Our CLM platform makes it effortless for you to embed complex, conditional logic and advanced formulas into your workflows.
Precisely Software - Easily find all your contracts in the AI-assisted archive. Unlimited and secure storage for all of your contracts, with folder-level access control. Export easily with filters and metadata. Get automatic reminders for important contract milestones.
Precisely Software - Create compliant contracts, at scale. Shift your focus to business intelligence and growth by cutting out repetitive tasks. Our customizable and automated contracting workflows make the process 10x faster for all contract types.
Precisely Software - Keep data secure and compliant. Our encryption protocols exceed EU’s data protection and infrastructure standards so your assets are always safe and secure. Stay compliant with SchremsII and GDPR, and get added protection on user-level with 2-factor auth.

Compare Precisely pricing with similar products

Precisely

US$62.00/month
Free Version
Free Trial
N/A
Free Version
Free Trial
US$35.00/month
Free Version
Free Trial
US$28.00/month
Free Version
Free Trial

Features of Precisely

  • Access Controls/Permissions
  • Alerts/Notifications
  • Archiving & Retention
  • Batch Processing
  • Collaboration Tools
  • Completion Tracking
  • Compliance Tracking
  • Contract Drafting
  • Contract Lifecycle Management
  • Contract/License Management
  • Document Classification
  • Document Management
  • Document Storage
  • Electronic Signature
  • Full Text Search
  • Multiple Output Formats
  • Optical Character Recognition
  • Pre-built Templates
  • Process/Workflow Automation
  • Templates
  • Version Control
  • Workflow Management

Alternatives to Precisely

Contract Lifecycle Management designed to help businesses generate legal documents, automate workflows and handle collaboration.
Automate drafting and managing your documents. Join 170K+ users in over 50 countries from top tier law firms and F500 firms like PwC. Learn more about Legito
End-to-end CLM platform with a mission to liberate professionals from manual tasks. Learn more about Bigle Legal
Efficient contract management for modern businesses. Manage the entire lifecycle of your contracts in a single, fully automated flow. Learn more about Contractbook
Legal Suite offers solutions for Corporate Legal Departments and for Law Firms.
Concord is the simplest way to collaborate on, sign, manage, and store agreements.
DealHub.io is the award-winning Revenue Amplification Platform powered by the no.1 CPQ, CLM & Digital DealRooms Learn more about DealHub
User-friendly contract software with AI and easy setup. Pricing starts at $59/month/user. Thousands of users worldwide Learn more about CobbleStone Contract Insight
App4Legal is a comprehensive Suite of Legal Practice Management Software & Contract Lifecycle Management Software available. Learn more about App4Legal
ProjectTeam.com is a top construction management solution for teams that want the flexibility of custom forms and interactive reports.
Scanmarket provides software solutions that originate from the needs of procurement and legal professionals and are built to be used. Learn more about Symfact
Seraphin.legal is a SaaS Contract Management Software. We support your growth through an efficient contractual process.
Sales teams use PandaDoc to improve deal workflow, insights, and speed while delivering an amazing buying experience. Learn more about PandaDoc

Reviews of Precisely

Average score

Overall
4.8
Ease of Use
4.8
Customer Service
4.8
Features
4.6
Value for Money
4.8

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001

Find reviews by score

5
75%
4
25%
Anthony B.
Anthony B.
manager in Australia
Media Production, 2-10 Employees
Used the Software for: 1-5 months
Reviewer Source

Never Knew We Needed

5 2 years ago

Comments: We lost an important contract which started the search for a solution. This fits the requirement perfectly. Ensures starts are maintained and risk averted.

Pros:

So logical to use and provided comfort that all out contracts are under control.

Cons:

OI only found it by chance. They need to make it aware for more uswers.

Fiona G.
Head of Legal and Compliance in Austria
Information Technology & Services, 201-500 Employees
Used the Software for: 1-5 months
Reviewer Source

Alternatives Considered:

Great full life circle contract management tool with a great team in the background!

5 2 years ago

Comments: Precisely does not only perfectly meet the needs of our legal department, but also offers other departments great added value (Business Development, Account Management, HR, Sales, Sales Operations/Revenue). The team is super helpful and always had an extremely short turnaround time whenever we submitted a request. There are also very interesting features in the pipeline that will simplify our processes (e.g. creation of standardized workflows also for external contracts).

Pros:

* sophisticated access rights and user role structure, that allows to customize Precisely to the needs of our business * advanced calculation features, that facilitates the contract creation for our commercial team and allows to generate valuable insights into our metadata * integration with other SaaS tools our company is using * contract metadata can be easily updated during the drafting/negotiation period without the need for the business user to modify the contract * creation of complex approval workflows for different teams and contract templates

Cons:

* UI could be designed more clearly and intuitively * headers and footers of contract templates are not yet customizable (as far as I know that will be fixed soon)

Swati M.
Head of Sales in US
Information Technology & Services, 11-50 Employees
Used the Software for: Free Trial
Reviewer Source

Intuitive and easy to use

4 2 years ago

Pros:

Even during the free trial, I was able to be up and running in no time given the easy and intuitive interface! Given the sensitivity associated with managing contracts, I appreciate that Precisely offers 2 factor authentication and good version control. I also really like my dashboard with all the reminders and tasks centralized in one location. They support Zapier which is an application we already use so that was a plus.

Cons:

If you need access to unlimited templates, you have to upgrade to professional but this is not a big deal for us.

Andrea S.
Legal counsel in Sweden
Restaurants, 51-200 Employees
Used the Software for: 1+ year
Reviewer Source

Alternatives Considered:

Very satisfied user of Precisely - it makes my job a lot easier and saves me a lot of time!

4 2 years ago

Comments: I am very satisfied with Precisely! It makes my job a lot easier and saves me a lot of time. It takes structure and simpleness to another level. I will truly recommend this to anyone handling contracts or or other important documents on a monthly basis. It is a price worthy software and with a few more developed features I wish Precisely had (which I am sure they will develop shortly) the software would be just perfect in every sense for our business and probably everyone else's!

Pros:

Features such as e-signing and archiving of contracts, sends out notifications/reminders when contracts expires and needs to be negotiated, contract templates for the rest of the organisation to use (the contracts can be created by just answering a few questions and makes it easy for everyone in the organisation to use even though they lack legal knowledge). These features makes my job much easier, faster and digital. It saves me al lot of time. The daily features that I use is very easy to learn and use as well. If I have any problems at all, Precisely have very clear instructions on their website that will guide you through any use of features.

Cons:

It takes a bit time to create templates on my own. It was included in the price that Precisely creates some templates and I get some help to set up my own templates. Though, it is no problem for a customer who wants to save time, to have a package deal with Precisely so that this is included and Precisely will do the templates for you att all time. In order to save a little more time it would be nice if there existed a feature that will automatically, with the help of AI, add metadata and notifications/reminders from the contract. I can sign all the commercial contracts electronically with international parties and if necessary each contract with one certain national electronically ID. Though, I wish I could sign the same contract with different types of national electronically ID:s - it is rarely necassary for me to use this feature, maybe one a year for a few documents, but it would be nice to have.

Rainer R.
Head of Legal in Estonia
Information Technology & Services, 51-200 Employees
Used the Software for: 1+ year
Reviewer Source

Alternatives Considered:

Perfect tool for enabling users who are not lawyers to create, manage and execute contracts

5 6 months ago

Pros:

The UI is simple and enables team members who are not lawyers to create and manage legal documents with ease.

Cons:

The design of the final document is not the greatest, but it is okay because the function is more important than the form.