Precisely AB
Setting a higher standard for contract management
Legal got left behind in the digital transformation, mostly because the only available solutions were inefficient and complex. Precisely is a fast-growing SaaS company intent on changing that.
Frustrated with repetitive tasks and lackluster user experiences? So were we.
The lawyer and serial entrepreneur Nils-Erik Jansson from Gothenburg, Sweden, knew things had to change when he saw his industry peers struggling with the repetitive admin work associated with contract management. So many hours went into creating, negotiating and managing contracts – all while the risk of human error was high, and processes had zero clarity.
Digitalising contract management
Precisely was founded on the idea to digitalise contract management in a way that enables Legal to create value for their organisation. Today, our platform meets even the most demanding contracting needs, with unparalleled ease of use.
We build our platform for you
We have a deep understanding of the pain points and opportunities in contracting. We also have a strong desire to see Legal being acknowledged as valuable for the entire organisation, and contributing to the business bottom line. We believe technology should be adapted to your needs, not the other way around. This is why we collaborate closely with our customers and involve them in product development. Our product roadmap is an open book, often steered by customer requests. The most important thing for us is making contracts an enabler rather than a bottleneck for you.
The future of business intelligence
We’re always thinking ahead. What is the future of contract management? What can we enable our customers to do in 2025 – and beyond? Automation and artificial intelligence will streamline workflows, but we need to look beyond mere efficiency to truly enable your growth. We want you to be able to take business intelligence to the next level.
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Precisely
- Manage your contract workflow with ease
Our contracting platform replaces time-consuming legacy solutions with a consolidated, automated workflow. With Precisely, anyone can create and manage compliant contracts – and they don’t need to be legal experts or techies to do it.
End-to-end CLM platform
Manage advanced contract workflowsOur CLM platform improves every step of the contract lifecycle. The advanced contract workflows automate repetitive tasks and processes based on trigger events. This helps you ensure operational excellence for the entire company.
- Work seamlessly with stakeholders and counterparts in one place
- Track the process through reviews, approvals, negotiations, e-signing
- Revisit all information at any time via the AI-powered archive
Privacy and security
Keep data secure and compliantOur encryption protocols exceed EU’s data protection and infrastructure standards so your assets are always safe and secure. Sophisticated user permissions and archiving provide an additional guarantee that your data is available to only the right people.
- Stay compliant with SchremsII and GDPR
- Get added protection on user-level with 2-factor authentication
Automated workflows
Create compliant contracts, at scaleShift your focus to business intelligence and growth by cutting out repetitive tasks. Whether you’re preparing an NDA or shareholder agreement, our customisable and automated contracting workflows make the process 10x faster.
- Turn frequently used contracts into automated workflows
- Automate your workflow without writing a single line of code
- Enable the right people to create compliant contracts, regardless of legal experience
Sophisticated user permissions
Share the workload, stay in controlNow, anyone in the organisation is able to create contracts that comply with legal requirements. Our CLM platform comes with sophisticated user permission levels so you can involve colleagues in HR, Sales and Finance in the workflow.
- Set appropriate permission levels to each user, template and archive folder
- Direct a contract to the right person automatically with approval structures
- Involve Legal only when their expertise is needed or they’ve asked to be
Advanced formulas
Reduce the risk of human errorNo 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.
- Implement formulas to make contract creation efficient and risk-free
- Use advanced formulas for calculating dates, maths, users and logic
- Include numeric references as part of your formulas
ComplianceLegalSwedenContract Lifecycle Management (CLM)Owner