Precisely is a contract management platform for legal teams and for sales, procurement, HR, IT and finance. It guides contracts from draft to signature with workflows, supports drafting, collaboration and negotiation, routes approvals by contract type or value, offers e-signing and keeps contracts in a searchable archive. Precisely AI, and a REST API with integrations to CRM, ERP, HR and signing tools, complete the offer. The vendor also offers a free contract management health check.
Precisely is a Swedish company: the legal entity is Precisely AB, and the Stanford CodeX TechIndex lists its headquarters in Gothenburg and a founding year of 2014. The vendor's security page says the platform is built in Europe, offers regional hosting and custom hosting to keep data within national borders, and runs in ISO 27001 and SSAE 16 certified facilities, with AES-256 encryption and TLS in transit. It does not name the cloud provider or a default hosting location. The software is proprietary. A European organisation should confirm the infrastructure provider and data location in the contract.