Many typical life sciences and pharma contracts, such as clinical trial agreements and NDAs, are recurring. Yet, their content is constantly impacted by rapidly changing markets regulations, business objectives, technology and product developments. It’s no wonder then that inefficient contract management processes are costing the industry hundreds of millions of dollars each year.
Enter, Precisely — the scalable contract management solution to streamline all of your contract-related processes, from creation to closure.
Using automated templates, which are managed centrally to ensure you have complete control and up-to-date compliance, Precisely lets your and your team create contracts in minutes, with just a few clicks. Increase effectiveness and performance, with the confidence that all your contracts are compliant with standing regulations.
Precisely lets you spend less time on tedious contracts and more time pushing your products to market.
With Precisely, all of your contracts are kept in a centralized, secure cloud-based repository. This ensures that your contracts are always protected and easily accessible. Via the intuitive dashboard, you’ll have a clear overview of all your contracts and the ability to extract valuable insights from your contract data.
Important milestones in life sciences contracts can be many and varied — from renewing vendor agreements to the implementation of a new regulation. Thanks to Precisely’s smart reminders—which can be set for any event in the contract lifecycle—you can be confident that you’ll never miss a deadline.
Life sciences and pharma companies are embracing the current trend towards digitization in all aspects of their businesses. So why should outdated contract processes still be holding you back?
Precisely is a complete end-to-end digital contracting platform. Using intelligent, automated templates, anyone is able to generate a contract in minutes. Then, you can send it for legally binding e-signing without ever leaving the platform.
All of this lets you create, send and sign contracts faster than ever. Get started with Precisely and increase your contracting efficiency while reducing costs and risks.
A contract management solution for a pharma or life science company needs to be secure — you can’t go with just any storage. The consequences of lost or stolen documents could be catastrophic. That’s why Precisely uses the same level of encryption as many government bodies and leading banks.
The platform is also equipped with many other security features such as different levels of user access to make sure that only the right people are able to access to your contracts.