Precisely
4.1
44
Precisely is a contract lifecycle management software that automates contract drafting, approval workflows, eSigning, smart archiving, and monitoring. It enables legal departments to bring structure and real business value to their organizations. Precisely offers complex contract automation and generation, sophisticated approval workflows, review and eSigning, and archiving of all contracts in one place. It is trusted by legal and loved by business teams at various enterprises.
Strengths
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Data Accuracy
Precisely provides accurate data for better decision-making.
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Data Integration
Precisely integrates data from multiple sources for a comprehensive view.
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Data Quality
Precisely ensures data quality through data profiling and cleansing.
Weaknesses
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Pricing
Precisely can be expensive for small businesses.
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Complexity
Precisely can be complex to set up and use.
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Limited Features
Precisely may not have all the features required by some businesses.
Opportunities
- The market for data integration and quality is growing, providing opportunities for Precisely.
- Precisely can form partnerships with other software providers to expand its offerings.
- The trend towards cloud migration provides opportunities for Precisely's cloud-based solutions.
Threats
- Precisely faces competition from other data integration and quality software providers.
- Data privacy regulations can impact Precisely's ability to collect and use data.
- An economic downturn can impact businesses' ability to invest in software like Precisely.
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Precisely Plan
Precisely offers a tiered pricing strategy with three versions, starting at $99/month, each with increasing features and capabilities.
Lite
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2 Users Per Month
The perfect package for a small business looking to automate their entire contract management workflows to focus on what will make a difference to grow your business.
Unlimited contract automation
Unlimited document generation
Approval flows
Smart archiving
Monitoring (reminders, reporting...)
And more!
One department
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8 Users Per Month
Digitalise the contracting for one department or function. A popular option for getting started with Precisely, typically for Legal, HR, or Sales.
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 programmes to ensure a smooth implementation
+ All features in the Lite package
Center of excellence
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50 Users Per Month
Used by a Center of Excellence, e.g. Legal Operations, that is serving the rest of organisation with contracting matters.
Center of Excellence sets up all processes, the rest of the organisation works in the platform
Multiple contracting workflows automated
Full migration and tagging of historic documents for a complete digitised archive
CRM integration, including possibility for customisation
Extensive and personal customer care to get the most out of all automations, customisations and advanced functionality
+ All features included in the Lite and One Department packages!