Using the right contract management software is crucial to ensure the success of a finance department. When you have a great team, you want to use equally great contract management technology that makes financial insight and control easy. You also want a tool that encourages communication and collaboration across departments and teams.
Precisely offers automated, collaborative contract management solutions for finance teams. We help finance and accounting professionals across the world gain increased efficiency and productivity throughout the contract lifecycle.
Precisely is the go-to contract automation software for modern businesses. Our end to end contract automation features make the lives of finance departments easier by letting you shift focus to revenue growth instead of administrative tasks.
Precisely gives you more control over your financial contracts. One of the first steps towards staying ahead of your contracts is keeping them in one place. To achieve this, we offer a secure central repository for all of your contracts.
The digital archive also comes with smart search and filtering, making it easy to match invoices with contracts or find any other document. Search for metadata points and gain insights into your contract data, from anywhere and at any time.
The secure storage also comes with an intuitive dashboard to give you a clear overview of your contract data. From there, you’ll find statistics, shortcuts and need-to-knows at a glance — such as which contracts are signed, which are about to expire, and which are pending approval.
Precisely comes with a wide variety of features to automate your finance contract management processes and decrease your time spent on repetitive tasks. For example, Precisely lets you automate workflows and approval processes, along with streamlining the drafting process by letting you set up contract structures and determine end-user permissions.
Furthermore, smart reminders alert you to important milestones relating to your contracts. They can be set for any event in a contracts’ lifecycle and will let you know when it’s getting close. Never miss a renewal deadline or clause review again.
The content of many similar contracts overlaps substantially. As a result, contract drafting processes are often unnecessarily inefficient and include extensive copying and pasting of boilerplate clauses. This is slow work and very often results in inaccuracies or oversights in the drafting process.
Precisely lets you automate the drafting process for practically any contract with the use of automated templates. Once your automated templates are up and running, you and your team can draft compliant and consistent contracts in minutes by running them through Precisely’s simple self-service drafting feature.
Precisely also lets you send your contracts for legally binding e-signing. Without leaving the platform you can draft your contract, send it for signing and have it archived and docketed faster than ever — no more printing or scanning. All of this enables you to become more flexible and reduce turnover times.