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Precisely Reviews & Product Details

Precisely is a contract lifecycle management software that helps legal departments focus on the work that truly matters. Through automated contract drafting, approval workflows, eSigning, smart archiving and monitoring, Precisely enables legal to bring structure and real business value to their organisations. Our enterprise-focused functionalities include complex contract automation and generation, allow you to set up sophisticated approval workflows, send your contracts for review and eSigning, and archive all your contracts in one place. Precisely becomes your single source of truth. Our solution is trusted by legal and loved by business teams at Red Bull, Orange, Adverity, Engel & Völkers AG, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, and more.

Seller

Precisely

Discussions

Precisely Community

Languages Supported

Danish, German, English, Finnish, French, Dutch, Polish, Swedish

Product Description

Contract automation for outstanding companies

Overview by

Ely Bakouche (Content Lead)

Pricing

Pricing provided by Precisely.

Lite

2 Users Per Month

One department

8 Users Per Month

View More Pricing Information

Top-Rated Alternatives

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Precisely Media

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.

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.

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.

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.

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.

Contracts created in, or uploaded to, the platform always generate metadata suggestions, which you can easily adjust to your needs.

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Verified User in Computer Software

Mid-Market (51-1000 emp.)

11/10/2022

"Precisely has been of great help to Betika!"

4/5

What do you like best about Precisely?

Precisely has been instrumental in assisting us in keeping track of due dates on contracts that are about to lapse, thus enabling us to notify user departments in good time and seek further instructions.

Additionally, we have been able to extract valuable data on usage and use this information to make business decisions. Review collected by and hosted on G2.com.

What do you dislike about Precisely?

Editing documents can be cumbersome when reviewing a contract on the platform Review collected by and hosted on G2.com.

Response from Ely Bakouche of Precisely

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Thank you so much for your review! We're so glad to hear our CLM platform is helping you stay on top of your contracts. We always love to receive feedback to keep improving our platform so feel free to add what you would like to see in our editor in our feature request portal linked here. Happy contracting!

See how Precisely improved

Francesca F.

Project Review Coordinator

Mid-Market (51-1000 emp.)

11/17/2022

"Satisfied - refinements would make life even easier"

4/5

What do you like best about Precisely?

Having a go to template and therefore the framework is always ready Review collected by and hosted on G2.com.

What do you dislike about Precisely?

Some formatting lack of options such as, date formats are not exhaustive, indents to format letter view are minimal, numbering can be an issue sometimes. Review collected by and hosted on G2.com.

Verified User in Computer Software

Mid-Market (51-1000 emp.)

11/18/2022

"Excellent tool to reduce errors and improve efficiency and consistency"

4.5/5

What do you like best about Precisely?

Precisely is a great tool that allows us to have consistent template contracts and amendments while giving independence to team members and ensuring approvals are logged by management. Review collected by and hosted on G2.com.

What do you dislike about Precisely?

Occasional design flaws can make it difficult to know where to click, proceed or search but this doesn't detract too heavily from the overall experience. Review collected by and hosted on G2.com.

Response from Ely Bakouche of Precisely

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Thank you so much for your review! Reduced errors and time involved for Sales, that's what we want to hear, we're so glad our CLM is helpful :)

We would absolutely love to hear more about the design flaws you mention as our Design team is constantly making improvements to make your experience more intuitive. Please reach out to your Customer Success manager so we can take note of your feedback :) Happy contracting!

Verified User in Marketing and Advertising

Mid-Market (51-1000 emp.)

11/10/2022

"Replacing previous manual work in creating legal documents with automation."

4/5

What do you like best about Precisely?

-Templates - so we do not need to re-do the docs from scratch.

-ability to register the metadata Review collected by and hosted on G2.com.

What do you dislike about Precisely?

-missing trash/recycle bins

-the formatting and bullets - points are not as friendly as WORD

-unable to set the reminder as recurring automatically. e.g. to repeat every 12 months. Review collected by and hosted on G2.com.

Response from Ely Bakouche of Precisely

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So glad to hear you're getting so much out of our platform! Thank you for taking the time to leave a review and share feedback with us. You can use our product portal (linked here below) to send your feature requests if you've not done that already. Thanks so much for helping us improve our product!

See how Precisely improved

Verified User in Construction

Mid-Market (51-1000 emp.)

11/18/2022

"Easy and editable contracting system"

4/5

What do you like best about Precisely?

Easy to use, many possibilities to edit templates, add logic etc. Review collected by and hosted on G2.com.

What do you dislike about Precisely?

Not able to import basic data (projects, contacts, companies) to the system to choose from. Review collected by and hosted on G2.com.

Response from Ely Bakouche of Precisely

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Hi and thank you for your review! We're so glad our CLM is helpful for you and your team :) We would love to hear more about what you mean regarding the import of data - could you tell us what you mean? Please reach out to your Customer Success manager or schedule a call here https://meetings.hubspot.com/customer-success9 so we can find a workaround or take note of your feedback so we can improve our platform. Thank you and happy contracting!

Verified User in Legal Services

Mid-Market (51-1000 emp.)

11/9/2022

"Precisely does work very well, but it is sometimes hard to find out how it can work best for you"

3/5

What do you like best about Precisely?

I like the simplicity of sending contracts for signing, and drafting quickly from a template Review collected by and hosted on G2.com.

What do you dislike about Precisely?

Sometimes the format of the templates does not fit the format of our internal contracts Review collected by and hosted on G2.com.

Verified User in Renewables & Environment

Mid-Market (51-1000 emp.)

11/10/2022

"Fast and easy to learn"

3.5/5

What do you like best about Precisely?

That everything is in the same tool, signing to archive. It is easy to understand all the tools Review collected by and hosted on G2.com.

What do you dislike about Precisely?

Not to dislike yet. Haven´t used Precisely for that long Review collected by and hosted on G2.com.

Response from Ely Bakouche of Precisely

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We're so glad to hear you're able to streamline your contract management processes with our platform! Thank you for taking the time to share your opinion, and please always reach out if there's any way we can improve your experience.

Verified User in Management Consulting

Mid-Market (51-1000 emp.)

12/2/2022

"Precisely review"

3.5/5

What do you like best about Precisely?

very dedicated customer support; easy to handle once you get the hang of it Review collected by and hosted on G2.com.

What do you dislike about Precisely?

some things we really do need simply don´t exist/work - e.g. a contract book/auto fill. Also, the signing via Precisely isn´t the most convenient solution. Review collected by and hosted on G2.com.

robert c.

Sales Director

Mid-Market (51-1000 emp.)

2/17/2022

"Strong Data Integrity Software"

4.5/5

What do you like best about Precisely?

The software is customer friendly and user interface is understandable so that many of our departments can fully use the software to design appropriate contracts. The dashboard helps significantly with timeline, milestones, and key date achievements. The feature that alerts to contract renewal dates and process is a great benefit to our team. Review collected by and hosted on G2.com.

What do you dislike about Precisely?

If you need more templates then the professional version is a requirement. Within the templates, the headers and footers are not able to be customized - so it's hoped that this is an option for the future. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services

Mid-Market (51-1000 emp.)

12/16/2021

"Not my favorite"

1.5/5

What do you like best about Precisely?

I like that it auto-populates the information for you and takes you through the questionnaire. Review collected by and hosted on G2.com.

What do you dislike about Precisely?

There is a steep learning curve. With time, it seems there are solutions to my problems but it is not intuitive. Review collected by and hosted on G2.com.

Response from Ely Bakouche of Precisely

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Hi and thank you so much for taking the time to leave a review. Our Customer Success team along with our UX design team are always there to welcome feedback and learn how we can make your experience smoother now and in the long run. Please reach out to us (to your Customer Success manager or to us in the chat) so we can hear you out! :)