Precisely Pricing, Features, Reviews & Comparison of Alternatives

Precisely

Cloud-based contract automation and management software

4.6/5 (5 reviews)

Precisely overview

What is Precisely?

Precisely is contract management software designed to help law firms and businesses in construction, finance, technology, recruitment and other industries create, review, validate, archive, and monitor contracts on a unified platform. Legal professionals can store documents in a cloud-based repository and use the online contract creator to build automated templates in compliance with regulatory standards.

The software allows enterprises to receive email alerts about upcoming events or milestones, and negotiate, terminate, or renew contracts within the required timeline. Administrators can configure access permissions for end-users, enabling them to change contract wordings or terms and track document status, pending approvals, and expiration dates on a dashboard. Precisely’s search functionality and filtering capabilities help law firms retrieve relevant contracts from the repository in real-time.

Using Precisely's eSigning functionality, organizations can track the entire transaction history via timestamps and send, verify, and return contracts in compliance with various regulations such as Uniform Electronic Transactions Act (UETA), Electronic Identification, Authentication and Trust Services (eIDAS), and more. It also offers an API, which helps businesses integrate the platform with several third-party systems.
www.precisely.se

Pricing

Starting from
$49/month
Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada, United Kingdom, Australia, China and 5 other markets, India, Japan, Germany, Brazil, Mexico

Supported languages

English, Danish, Dutch, Finnish, French, German, Swedish
Precisely screenshot: Precisely contract templatesPrecisely screenshot: Precisely add questionsPrecisely screenshot: Precisely templates

Precisely reviews

Excellent
3

Very good
2

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  4.8
  4.8
  4.6
Edvin Brobeck

Greatly improved our processes

Used weekly for 2+ years
Reviewed 2019-10-22
Review Source: Capterra

Super smooth. Having control of all of our contracts, in one place, and in a structured manner gives me peace of mind as CEO.

Pros
How easy it is for the entire team, regardless of legal experience to produce high quality contracts from the automated templates. The Precisely team was extremely helpful in the process of setting this up for us, and the responsiveness for ongoing support is nothing short of excellent.

Cons
Though the predefined document types covers almost all cases, it would be even nicer to allow custom tagging of documents. I have proposed this as a new feature, and the team responded quickly that it is on their list of upcoming developments.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Andra Dimitriu

Making contracts easier!

Used daily for 1-2 years
Reviewed 2019-09-04
Review Source: Capterra

The product makes our life easier, while the team at Precisely is lovely!

Pros
Easy to use, simple, 3 in 1 functionality (contract creation, archiving and signature), awesome customer support and team, plus it empowers employees from across departments to create contracts, while keeping all the legal bits in place. Keep up the good work!

Cons
Placement of the signature, can't really choose where you want to place it. However, this is has not been a challenge.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Swati Mehra

Intuitive and easy to use

Used daily for free trial
Reviewed 2020-07-18
Review Source: Capterra

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.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Anthony Bodin

Never Knew We Needed

Used monthly for less than 6 months
Reviewed 2020-07-19
Review Source: Capterra

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.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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David Filipsson

Feedback from a happy user

Used weekly for 2+ years
Reviewed 2019-12-16
Review Source: Capterra

Significantly increases our productivity and enables our entire business to focus less time on administration, and more time on value-adding efforts.

Pros
Incredibly easy to use - Good overview - Helps build capital structure for the company e.g. templates - Easy to delegate - Searchable.

Cons
As we're a company within the financial industry, it would be great if they had off-the-shelf integrations to the accounting software we use. However, they're API is so incredibly easy to use and they also have a Zapier app, which helps us enable what we need anyways.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Precisely pricing

Starting from
$49/month
Pricing options
Subscription
Free trial
View Pricing Plans

Precisely is offered across three pricing plans, outlined below. A 14-day free trial is available.
• Starter: $49 per user per month and $44 per user per month billed annually
• Professional: $69 per user per month and $62 per user per month billed annually
• Enterprise: $99 per user per month and $89 per user per month billed annually

Precisely features

API
Activity Dashboard
Activity Tracking
Audit Trail
Automatic Notifications
Compliance Management
Document Management
Document Storage
Monitoring
Reporting & Statistics
Third Party Integration
Workflow Management

Auditing (360 other apps)
Billing & Invoicing (299 other apps)
Customizable Reporting (413 other apps)
Data Import/Export (387 other apps)
Inventory Management (422 other apps)
Inventory Tracking (332 other apps)
Real Time Data (339 other apps)
Real Time Reporting (297 other apps)

Additional information for Precisely

Key features of Precisely

  • Access Controls/Permissions
  • Alerts/Notifications
  • Auto Extraction
  • Buy Side (Suppliers)
  • Contract Lifecycle Management
  • Document Archiving
  • Document Assembly
  • Electronic Signature
  • File Type Conversion
  • Government Contracts
  • Mobile Signature
  • Multi-Party Signing
  • Notifications
  • Optical Character Recognition
  • Pre-built Templates
  • Process/Workflow Automation
  • Reporting/Analytics
  • Sell Side (Customers)
  • Specialty Contracts
  • Team Collaboration
  • Templates
View All Features