Precisely

RATING:

4.7

(14)

About Precisely

Precisely gives you up to 25x faster contract turnaround and more than 10x faster contract creation. Optimise your contract management lifecycle, from initial request to the renewal of contracts. 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. Precisely’s end-to-end contract automation platform aligns the legal department with the rest of the business by enabling the business side to be more self-sufficient, while keeping them within the legal department’s pre-approved guidelines. The platform allows anyone, from any background, to create compliant contracts through self-service document assembly, approvals ...

Precisely Pricing

Precisely is subscription-based and you pay only for what you need. An easy and popular option for getting started with Precisely with the entire team would include: - One admin with multiple users - Automation of key contracting workflows - Migration of key historic documents into the digital archive - CRM integration - Access to on-demand resources and training programs to ensure a smooth implementation This would have a typical monthly price of $ 995. A 14-day free trial is available, so try it yourself. Or see how much you could save with CLM and simulate your own case with our ROI calculator.

Starting price: 

$69.00 per month

Free trial: 

Available

Free version: 

Not Available

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.
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Precisely Reviews

Overall Rating

4.7

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

5

Functionality

4.5

Most Helpful Reviews for Precisely

1 - 5 of 14 Reviews

User Profile

Sara

Verified reviewer

Non-Profit Organization Management, 51-200 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

It´s just perfect and exactly what I was looking for

I cannot imagine working without it

PROS

The contract negotiation capabilities - I have now more than 200 docs, 100 done via precisely (others imported) - not 1 single (external and internal) person complained about the software - it´s super user friendly

CONS

Nothing - they always have a turnaround to do things that are not yet fully developed

Reason for choosing Precisely

Much more user friendly and flexible than Juro; Much cheaper that contractbook;

Fiona

Information Technology and Services, 201-500 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2020

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

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)

Reasons for switching to Precisely

* we often had technical problems, esp. with the standard integration for HelloSign * when a business user updates the metadata of their contract (e.g. subscription fee) this change is not reflected automatically in the contract * no calculation feature for contract creation * shallow structure for approval workflows

Brizl

Marketing and Advertising, 11-50 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2023

Precisely: The Key to Accurate and Efficient Data Processing

I really appreciate the versatility and efficiency of the platform. It has helped us manage a lot of information more effectively by making our data management processes more streamlined.It is easy to use, with a user-friendly interface that makes it easy for people who are not technically knowledgeable. This makes it easy to find and work with data, and the software's powerful data transformation capabilities allow you to make changes to your information quickly and easily.It has strong security features so that we can keep important information safe and control who has access to it. This has been helpful as we've grown our business and used Precisely to manage more sensitive data.

PROS

It is a great platform for managing data. It has allowed us to streamline and automate many of our manual data processes, saving us time and making our work more efficient.It is very accurate and precise when it comes to processing data. This has helped us make better decisions, which has benefited us greatly.It is easy to use and doesn't require a lot of know-how to use. This makes it easy for our team to learn how to use it quickly, which means less time is needed for training.It has a great customer service team that is always quick to respond and help solve any issues.

CONS

The software can be a bit confusing to use, and it can sometimes take a while for it to load. Additionally, it sometimes has problems with its performance. This can be frustrating for people.It needs some improvements to the user interface and performance.

Andrea

Restaurants, 51-200 employees

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed November 2020

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

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.

Reason for choosing Precisely

Nordavtal (now Nordkapital) is what the company uses when I started and it has very limited features - mostly used for archiving and notificationz/reminders/metadata. It is not very developed and not the easiest software to use. They do have a personal service and helping out with entering metadata and notifications/reminders for me. We still use it for archiving purposes and for an overlapping period until I have transfered and uploaded all the documents to Precisely. Scrive have a lot of features, but is more expensive than Precisely. Precisely is more than good enough for our daily business and have some other features that Scrive in some sense lack. Oneflow is not expensive at all, similar to Precisely. Have one or two other features that Precisely lack, but overall is not that easy to use - they make the product more complicated than it has do be. It also took them very long time to activate electronically

Rainer

Information Technology and Services, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed December 2021

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

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.

Reason for choosing Precisely

The UI does not overwhelm the simple users who are experts in other fields than law.