Contract management should be smart and simple. This is why the Precisely platform gives you the tools to increase the performance of your contracts through the entire lifecycle. In this case, that means all the way from the initial request to renewal. Our contracting services are all about saving you time and reducing the risk of human error. Basically, we give you an up-to-date, compliant and reliable online contract management system.
Above all, drafting contracts takes time and is often not reliable. However, our contracting software lets anyone on your team easily create compliant contracts. Regardless of legal knowledge. When you use automated templates, your contracts are consistent and error-free.
Most important, Precisely focuses on contracting software that is user-friendly. We also make sure our contract generation is easy to implement across your organization. We make your overall contracting process as smooth as possible!
Our contract management tools also include end-user permission levels. Overall, this lets you control who makes changes to contract terms and wording. Plus, it also works for automated approval flows. As a result, you’re able to combat the most common reason for bottlenecks.
With automated solutions, you get accurate document creation every time. All you need to do is fill in answers to questions about your contract needs to automatically generate a compliant, transaction-ready contract.
With the use of questionnaire-based automated templates, the potential for human error is greatly reduced. For this reason, your company will feel confident in the accuracy of the contracts that are created.
Precisely’s contract management solution also gives you a clear overview of the status of each contract on the dashboard. Since your contracts are in one secure, online, central archive, all of your legal documents are in one place.
With smart search and filters, you can find any contract you’re looking for in seconds. For example, which documents you need to sign, which are waiting for approvals, or expiring.
With our contract management solution, you can keep track of these events by using smart notifications. Set them for any event in the contract lifecycle. You will then receive alerts via email for the important milestones relating to your contracts when they’re getting close. As a result, you’ll never lose earnings due to missed renewals.
Every contract in your central archive can be analyzed to process the data contained. What’s more, accurate trends and insights can be used for effective strategy in future negotiations. Plus, contract tracking gives you the ability to perform regular contract assessments to review and update contracts. This is, of course, crucial in a constantly changing business environment.