# Precisely — Contract Management (CLM)

Precisely by Precisely AB holds a panel rating of 2.5/5 from 6 AI judges (category median 2.5/5), as of 2026-10-15. Provenance: EU-Made; sovereignty: not determined.

- Vendor: Precisely AB (https://www.preciselycontracts.com)
- Category: [Contract Management (CLM)](https://whats-best.ai/software/contract-management.md)
- Provenance (editorial classification): EU-Made
- Canonical page: https://whats-best.ai/software/contract-management/precisely
- Alternatives: https://whats-best.ai/software/contract-management/precisely/alternatives ([markdown](https://whats-best.ai/software/contract-management/precisely/alternatives.md))
- Data as of: 2026-10-21 · evaluated 2026-10-15 · oldest source captured 2026-10-13

**AI-generated.** Every score, rationale and verdict here is written by a panel of AI judges from public evidence — an analysis, not a hands-on test. Every fact quotes the vendor page it was read from. No score can be bought. How scores are made: https://whats-best.ai/methodology

## At a glance

- Vendor: Precisely AB
- Headquarters: Not stated on the vendor’s pages as of 13 Oct 2026
- Data hosting: Default not stated; pages mention the EU [S4]
- Free plan: Not stated on the vendor’s pages as of 13 Oct 2026

## The panel's verdict

Precisely AB, a Stockholm-based contract management platform, is strongest where its workflows are transactional: negotiation and approval scores run 6 to 7 on in-platform redlining, version history with compare mode, counterparty collaboration during drafting, and approvals routed by contract type, value or change, while integration and exit sits tight at 6, covering a REST API, HubSpot and Salesforce drafting, Zapier to 5,000+ apps, SSO with nine named providers, and signature levels up to qualified. The weak point is pricing transparency, scored 0 to 1: no price figures appear anywhere, the pricing page carries an ROI calculator, and plan names surface only through AI quotas of up to 100 documents per month for Professional and up to 5,000 for Enterprise. Scores spread widest on authoring and templates, 4 to 6: business-side judges credit self-service generation from CRM data, governance-minded judges call it template automation without an approved clause library, clause versioning or playbook deviation flags. Sovereignty scored 5 to 6 — EU data-at-rest and Azure OpenAI EU processing are stated, while the independently collected attributes mark residency and subprocessor exposure unconfirmed.

**Speaks for it:**
- Negotiation runs in-platform with structured redlining, full version history and compare mode, and approvals routed by contract type, value or change
- Routine contracts generate from a short questionnaire over templates with variables, conditions and formulas, drawing data from HubSpot, Salesforce or Google Sheets
- Integration reach covers a REST API, Zapier to 5,000+ apps, and SSO with nine named providers plus Active Directory user provisioning
- Sixteen signing options span simple, advanced and qualified levels, including DocuSign qualified electronic signature and national e-IDs such as Swedish BankID and German Verimi
- The terms place data at rest in the EU with transfers outside the EEA only on prior written approval, and AI processing defaults to Azure OpenAI within the EU

**Held against it:**
- No price figures, pricing basis or feature-to-tier mapping appear on any captured page, so the annual cost is not computable publicly
- We found no public information on an approved clause library with fallbacks, clause versioning with owners, or playbook deviation flags on drafts
- The only export described is contract lists, with no public information on an export carrying documents together with versions, approvals and audit trail
- AI is activated by default with deactivation by email or support chat, and the terms permit aggregated and anonymised use of AI-generated content rather than an explicit commitment that contract text is not used for training
- We found no public information on a published subprocessor list with locations, a data processing agreement covering contract data, or ISO 27001 or BSI C5 certification

**Best for:**
- You need sales and procurement teams to self-serve routine contracts from CRM and spreadsheet data without waiting on Legal
- You negotiate with counterparties in-platform and want approvals triggered by rules on price, terms or team in sequential or parallel order
- You need signature breadth — simple, advanced and qualified levels across 16 signing options, including national e-IDs
- You want the hosting chain named: data at rest in the EU, AWS as database host, and AI processing on Azure OpenAI within the EU

**Avoid if:**
- You must put a number in next year's budget before talking to sales — pricing transparency scored 0 to 1 with no public figures
- Your AI governance requires an explicit commitment that contract text is not used for training and a self-serve off switch — the terms permit aggregated and anonymised use of AI-generated content and handle deactivation by email or support chat
- Your exit plan depends on leaving with documents, versions, approvals and audit trail — the export the captured pages describe covers contract lists

## Scores by judge and criterion

Scores out of 5, each judge scoring independently against the published rubric (v1). "n/r" = not rated: the vendor publishes no price.

| Criterion | The General Counsel | The Procurement Analyst | The Sales Ops Owner | The IT Integrator | The Data Protection Officer | The Skeptic |
| --- | --- | --- | --- | --- | --- | --- |
| Drafting, templates & clause library | 2.5/5 | 3/5 | 3/5 | 2.5/5 | 2.5/5 | 2/5 |
| Negotiation, redlining & approval | 3/5 | 3.5/5 | 3.5/5 | 3.5/5 | 3.5/5 | 3/5 |
| Repository, deadlines & obligations | 2.5/5 | 3/5 | 3/5 | 3/5 | 2.5/5 | 2.5/5 |
| AI extraction & review transparency | 2.5/5 | 2.5/5 | 3/5 | 2.5/5 | 2.5/5 | 3/5 |
| Integrations, signature & exit | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 |
| European sovereignty | 3/5 | 2.5/5 | 3/5 | 3/5 | 3/5 | 3/5 |
| Pricing transparency | 0.5/5 | 0.5/5 | 0.5/5 | 0.5/5 | 0/5 | 0.5/5 |
| **Weighted verdict** | **2.5/5** | **2.5/5** | **2.5/5** | **3/5** | **2.5/5** | **2.5/5** |

### The judges

- **The General Counsel** (v1.0): Runs a three-lawyer legal team that negotiates every supplier and customer contract in Word with the other side's counsel. Wants approved clauses with fallbacks, redlines that survive the round-trip, and an approval on record for every deviation — not a sign-off by email.
- **The Procurement Analyst** (v1.0): Holds four hundred supplier contracts and the Kündigungsfristen nobody else remembers. Wants notice periods and auto-renewals modelled rather than typed into a note, reminders that escalate to a named owner, and a portfolio report that shows what can be cancelled this quarter.
- **The Sales Ops Owner** (v1.0): Owns the quote-to-signature path for a sales team that closes standard deals without legal. Wants contracts generated from the CRM record, approvals that route by discount and value, signature in the same flow, and a price she can put in next year's budget.
- **The IT Integrator** (v1.0): Connects the CLM to SAP, Microsoft 365 and the CRM, and will be the one migrating out of it. Wants a versioned API, SSO and SCIM, qualified signature where the law asks for it, and an export that brings back metadata, versions and audit trail — not a ZIP of PDFs.
- **The Data Protection Officer** (v1.0): Reads the subprocessor list before the feature page. Asks which model provider receives contract text, whether it is retained or used for training, where OCR runs, and whether the counterparties' personal data in every contract is covered by the DPA.
- **The Skeptic** (v1.0): Has seen "AI that reads your contracts" miss a notice period buried in an amendment. Reads for an extraction accuracy nobody states, "Word integration" that loses tracked changes, "never miss a renewal" with reminders to one inbox, and an export that leaves the metadata behind.

## European sovereignty — proven facts

Built only from facts on the vendor's own pages; a dimension we could not prove is left open, never scored as zero. Headline: not determined.

| Dimension | Finding | Points | Source |
|---|---|---|---|
| Legal entity | Not determined | — | — |
| Ownership | Not determined | — | — |
| Data residency | Not determined | — | — |
| Subprocessors | Not determined | — | — |

## Key facts

Each fact is the vendor's own statement, cited to the source page it was read from ([S*n*] → Sources).

**Compliance**
- AI no training: no [S12]
- Analytics ip anonymization: Google Analytics · yes [S3]
- Breach notification: 24 [S4]
- DPA: yes [S4]
- DPA offered: yes [S3]
- Encryption: TLS · yes [S8]
- GDPR: yes [S3]
- GDPR: yes [S8]
- Hotjar: yes [S3]
- Privacy contact: privacy@precisely.se [S3]
- Scc US transfer: yes [S3]
- Tls encryption: yes [S5]
- Tls encryption: TLS [S6]

**Data**
- Backup: yes [S4]
- No sell: no [S3]
- Retention noncustomers: 3 [S3]

**Hosting**
- AI default EU: Azure OpenAI EU [S12]
- AI EU processing: yes [S12]
- Aws: AWS [S3]
- Contracting entity: Precisely AB · 556963-5286 [S5]
- Data residency: EU · yes [S4]

**Integrations**
- API available: yes [S13]
- Collaboration tools: Asana, Monday.com, Notion integrations via Zapier [S14]
- Contract generation google sheets: Automated contract generation from Google Sheets data via Zapier [S14]
- CRM: HubSpot · Salesforce [S13]
- Custom integrations: yes [S13]
- Digital id methods: Danish MitID, Danish NemID, Finnish Trust Network, Norwegian BankID, SmartID (Baltic States), Swedish BankID, Verimi (Germany) via Scrive and Egreement partnerships [S13]
- Docusign qualified signature: Docusign · Qualified electronic signature [S13]
- Google calendar reminders: Precisely Reminders connect to Google Calendar [S13]
- Google drive signed contracts: Signed contracts auto-filed to Google Drive [S14]
- Hubspot: Draft deals with Precisely in HubSpot [S13]
- In person signing: Dropbox Sign · yes [S13]
- Microsoft teams notifications: Microsoft Teams notifications [S13]
- Outlook email drafting: Draft contracts from Outlook email content and attachments [S13]
- Rest API: yes · yes [S1]
- Rest API: yes · yes [S5]
- Rest API: yes [S6]
- Rest API: yes · yes [S7]
- Rest API: yes · yes [S8]
- Rest API: integrations and REST-API [S9]
- Rest API: yes [S11]
- Rest API: REST-API · yes [S14]
- Salesforce: Draft contracts in Salesforce [S13]
- Scrive pin sms: eSign + PIN by SMS · Scrive [S13]
- Signing providers: Adobe Acrobat Sign · Docusign · Dropbox Sign · Egreement · Scrive · Universign [S13]
- Slack notifications: Slack integration for contract notifications [S13]
- SSO providers: yes · Auth0 · Google · Jumpcloud · Microsoft AD FS · Microsoft Entra ID · Okta · OneLogin · PingOne · Rippling · yes [S13]
- Zapier app count: 5000 [S14]
- Zapier apps: 5000 · Zapier [S13]
- Zapier no code: yes [S14]

**Legal**
- Company entity: Precisely AB · 556963-5286 [S9]
- Company registration: Precisely AB · 556963-5286 [S7]
- Entity: Precisely AB · 556963-5286 [S1]
- Entity: Precisely AB · 556963-5286 [S2]
- Entity: Precisely AB · Kämpegatan 10, 411 04 Gothenburg, Sweden · Sweden · 556963-5286 [S3]
- Entity: Precisely AB · 556963-5286 [S8]
- Entity: Precisely AB · 556963-5286 [S11]
- Entity: Precisely AB · 556963-5286 [S12]
- Entity: Precisely AB · 556963-5286 [S13]
- Entity registration: Precisely AB · 556963-5286 [S14]
- Ip user metadata: User [S4]
- Privacy policy version: 4.3 · 2026-04-01 [S3]

**Pricing**
- Add ons: yes [S2]
- Fees exclude taxes: no [S4]
- Hicp adjustment: subsequent term · yes [S4]
- Model: license-based · yes · yes [S2]
- Page available: Pricing link exists on homepage; no prices stated on this page · yes [S1]
- Payment advance: yes · monthly · yearly [S4]
- Price change notice: 30 [S4]
- Professional services: yes · yes [S2]
- Tailored quote: yes [S2]

**Product**
- Access control: yes [S8]
- Access controls: yes [S6]
- Advanced search filters: advanced search and filters by fields, clauses, or values [S9]
- AI aggregated use: yes [S12]
- AI archive integration: Imported contracts stored in central archive with metadata, reminders and access control [S11]
- AI contract intake: AI-powered third-party contract intake with automatic metadata extraction and summaries [S11]
- AI deactivation: email or support chat · yes [S12]
- AI document handling: Precisely AI for third-party document handling [S9]
- AI included subscription: yes [S12]
- AI ip ownership: user [S12]
- AI quota: 5000 · 100 [S12]
- AI risk highlighting: yes [S11]
- AI summaries: yes [S11]
- AI value detection: yes · yes · yes [S11]
- Approval order options: sequential · parallel_random [S8]
- Approval routing: stakeholder routing by contract type, values or changes [S7]
- Approval workflow: yes · yes [S5]
- Approver requirements: any · all · specific_combination [S8]
- Approver roles: yes [S8]
- Archive: yes [S1]
- Audit trail: audit trail of edits, comments and activity [S7]
- Audit trail: yes [S8]
- Audit trail: secure audit trail of views, edits, and activity [S9]
- Auto store new agreements: automatic storage of new agreements from workflows [S9]
- Automated approvals: Automated approval workflows [S8]
- Automated deadline reminders: automated reminders for deadlines [S9]
- Automatic document routing: yes [S6]
- Automation claim: weekly [S4]
- Automation workflows: structured workflows from draft to signature, right people involved at right time [S1]
- Conditional approvals: approval automation with conditional logic [S7]
- Conditional approvers: yes [S6]
- Counterparty collaboration: yes [S5]
- Counterparty drafting input: counterparties can fill in missing parts during drafting [S7]
- CRM send: yes [S1]
- Custom list export: create and export custom lists [S9]
- Customizable approvals: yes [S8]
- Default signing provider: Dropbox Sign · yes [S13]
- Drafting automation features: yes · yes · yes [S5]
- Drafting questionnaire: Contract drafting from automated templates via short questionnaire with auto-fill [S5]
- E signing: Platform includes contract creation, negotiating, e-signing, archiving [S14]
- Esignature options: 16 · DocuSign · BankID · MitID · yes [S8]
- Esignature signing options: Simple · Advanced · Qualified Electronic Signatures · 16 [S6]
- Esigning methods: yes · 16 [S5]
- EU hosted: yes · yes [S1]
- Folder based permissions: folder-based permissions [S9]
- Folder structure: folders and subfolders [S9]
- Free trial exists: yes [S4]
- GDPR data minimization: limit personal data collection · smart question types · help text · access policies · yes [S7]
- Health check tool: free 7-question health check tool, 3 minutes, no preparation required, shows maturity score and benchmark [S1]
- In person signing: yes [S6]
- Legacy contract import: import legacy and externally signed contracts [S9]
- Metadata tagging: metadata tagging for filtering and analytics [S9]
- Metadata tags: yes [S5]
- Platform capabilities: author contracts and set up contract workflows · collaborate with internal and external parties, review, edit, comment · sign contracts electronically · upload and store contracts in a digital archive · analyze and monitor contracts and me… [S4]
- Platform modules: Workflows · Drafting · Collaboration · Approvals · E-signing · Archiving · Precisely AI · Integrations [S1]
- Platform modules: Workflows · Drafting · Collaboration · Approvals · E-signing · Archiving · Precisely AI [S2]
- Platform modules: Workflows · Drafting · Collaboration · Approvals · E-signing · Archiving · Precisely AI · Integrations [S3]
- Platform modules: Workflows · Drafting · Collaboration · Approvals · E-signing · Archiving · Precisely AI · Integrations [S14]
- Realtime collaboration: real-time collaborative editing and commenting in document [S7]
- Redlining: in-platform structured redlining [S7]
- Roi calculator: yes [S2]
- Role based access: role-based access control for viewing and editing [S7]
- Rule based routing: yes [S8]
- Search filter export: yes · yes · yes [S11]
- Secure counterparty sharing: secure sharing with external counterparties [S7]
- Security options: yes · yes [S5]
- Signature levels: Simple · Advanced · Qualified [S13]
- Signing modes: yes · yes [S5]
- Signing stakeholders reminders: yes · yes [S5]
- Smart approval workflow: smart approval workflow with conditional approvers across contract stages [S6]
- Smart archive repository: centralized contract repository with smart archive [S9]
- Solutions departments: Legal · Sales · Procurement · HR · IT · Finance [S1]
- Template variables and calculations: yes [S6]
- Templates guardrails: structured templates · conditional approvals · CRM-first workflows · automated post-sign handling [S1]
- Third party document upload: yes [S6]
- Version control: full version history and compare mode [S7]
- Visibility restriction: limit visibility to teams, roles, or regions [S9]
- Workflow condition logic: yes · yes [S5]

**Support**
- Newsletter: yes [S10]
- Response time: within 24 hours (stated as 'almost always') [S3]

## Questions

### Is Precisely European?

Yes. whats-best.ai classifies Precisely as EU-Made.

### Where does Precisely store data?

The default storage location for customer data is not stated on the vendor’s pages as of 13 Oct 2026. The vendor’s pages mention the EU as hosting location, per [the vendor’s page captured 13 Oct 2026](https://whats-best.ai/evidence/6906).

### Does Precisely have a free plan?

Not stated on the vendor’s pages as of 13 Oct 2026.

### What are the best alternatives to Precisely?

As of 21 Oct 2026, the panel rates [Tomorro (2.5/5)](https://whats-best.ai/software/contract-management/tomorro), [fynk (2.5/5)](https://whats-best.ai/software/contract-management/fynk) and [Juro (2.5/5)](https://whats-best.ai/software/contract-management/juro) highest among the other 19 Contract Management (CLM) products evaluated. Ratings that look equal are rounded to half stars; the order uses the unrounded rating, then the name. The highest-rated European alternative is [fynk](https://whats-best.ai/software/contract-management/fynk) (EU-Made). Ratings are the AI panel’s opinion, formed from public evidence: [how scores are made](https://whats-best.ai/methodology#ordering). The full list, with European products first: [Precisely alternatives](https://whats-best.ai/software/contract-management/precisely/alternatives).

## What this page leaves out

- 10 product facts could not be confirmed on the vendor’s page as captured and were left out of this page and of the panel’s material.
- 6 compliance facts could not be confirmed on the vendor’s page as captured and were left out of this page and of the panel’s material.
- 5 data facts could not be confirmed on the vendor’s page as captured and were left out of this page and of the panel’s material.
- 5 integrations facts could not be confirmed on the vendor’s page as captured and were left out of this page and of the panel’s material.
- 5 subprocessors facts could not be confirmed on the vendor’s page as captured and were left out of this page and of the panel’s material.
- 3 pricing facts could not be confirmed on the vendor’s page as captured and were left out of this page and of the panel’s material.
- 2 legal facts could not be confirmed on the vendor’s page as captured and were left out of this page and of the panel’s material.
- 2 support facts could not be confirmed on the vendor’s page as captured and were left out of this page and of the panel’s material.
- 1 hosting fact could not be confirmed on the vendor’s page as captured and was left out of this page and of the panel’s material.
- 3 sovereignty dimensions could not be confirmed on the vendor’s own pages and are shown as unknown.
- 6 of the readings below were written against an earlier fact sheet — a fact has been corrected, added or pulled since. Until the panel next runs on this product you are reading the older judgement.

## Sources

- [S1] Vendor homepage: https://www.preciselycontracts.com/ (checked 2026-10-13)
- [S2] Pricing page: https://www.preciselycontracts.com/pricing (checked 2026-10-13)
- [S3] Privacy policy: https://www.preciselycontracts.com/legal/privacy-and-cookies (checked 2026-10-13)
- [S4] Terms of service: https://www.preciselycontracts.com/legal/terms (checked 2026-10-13)
- [S5] Drafting, templates & clause library — found from sitemap: https://www.preciselycontracts.com/features/contract-drafting (checked 2026-10-13)
- [S6] Drafting, templates & clause library — found from sitemap: https://www.preciselycontracts.com/features/contract-templates-and-workflow-automation (checked 2026-10-13)
- [S7] Negotiation, redlining & approval — found from sitemap: https://www.preciselycontracts.com/features/collaboration-and-negotiation (checked 2026-10-13)
- [S8] Negotiation, redlining & approval — found from sitemap: https://www.preciselycontracts.com/features/contract-approval (checked 2026-10-13)
- [S9] Repository, deadlines & obligations — found from sitemap: https://www.preciselycontracts.com/features/contract-repository-system (checked 2026-10-13)
- [S10] Repository, deadlines & obligations — found from sitemap: https://www.preciselycontracts.com/health-check/renewal-tracking (checked 2026-10-13)
- [S11] AI extraction & review transparency — found from sitemap: https://www.preciselycontracts.com/features/precisely-ai (checked 2026-10-13)
- [S12] AI extraction & review transparency — found from sitemap: https://www.preciselycontracts.com/legal/precisely-ai-supplementary-terms (checked 2026-10-13)
- [S13] Integrations, signature & exit — found from sitemap: https://www.preciselycontracts.com/integrations (checked 2026-10-13)
- [S14] Integrations, signature & exit — found from sitemap: https://www.preciselycontracts.com/integrations/zapier (checked 2026-10-13)

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Cite as: whats-best.ai, "Precisely — Contract Management (CLM)", AI panel analysis, as of 2026-10-21. https://whats-best.ai/software/contract-management/precisely

Corrections: https://whats-best.ai/correct/650?target=page