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Contract Hound VS Precisely

Compare Contract Hound VS Precisely and see what are their differences

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Contract Hound logo Contract Hound

No-Hassle Contract Management for Small Businesses and Nonprofits

Precisely logo Precisely

Precisely aligns law and technology to revolutionize the handling of contracts
  • Contract Hound Landing page
    Landing page //
    2023-09-03

Get instant peace of mind on contract renewal dates, approvals and storage, so you have the time to focus on what matters!

Find contracts quickly, view contract details at a glance, know who has access, and never miss a renewal date.

Who's It For?

Contract Hound is aimed at small to mid-size businesses and comes equipped with a suite of features and tools designed to simplify the contractual process and move the process online and out of filing cabinets and Excel spreadsheets.

Why Contract Hound?

The purpose of Contract Hound is to help move small businesses to Cloud storage, saving them time and optimizing the ease of use and searchability within an organized management system. All the fancy bells and whistles of the more expensive, enterprise-focused software aren’t clogging up the Contract Hound user interface. The overall user experience is straightforward and covers all the bases small to mid-sized businesses need in contract management software.

They Say

"It's affordably priced and comes with a solid core of management, collaboration, auditing and version control, and approval workflow features. These features make everyday contract management in Contract Hound a breeze." - Rob Marvin, PCMag.com

"Amazing contract reminder software" - Mike Gingerich Consultant, Speaker and President of Digital Hill Multimedia

  • Precisely Landing page
    Landing page //
    2022-07-11

Contract Hound

Website
contracthound.com
Pricing URL
Official Contract Hound Pricing
$ Details
paid Free Trial $95.0 / Monthly (Manage up to 50 Contracts)
Platforms
Cross Platform Browser
Release Date
2015 January
Edit details

Precisely

Website
precisely.se
Pricing URL
-
$ Details
-
Platforms
-
Release Date
-
Edit details

Contract Hound features and specs

  • User-Friendly Interface
    Contract Hound offers an intuitive and easy-to-navigate interface, making it simple for users of all technical levels to manage and track their contracts.
  • Centralized Storage
    The platform provides centralized storage for all contracts, which helps in maintaining organization and ensuring easy access to needed documents.
  • Automated Reminders
    Contract Hound features automated reminders and alerts for important contract dates, such as renewals and expirations, to ensure that critical deadlines aren’t missed.
  • Document Security
    Contract Hound emphasizes strong document security measures, including encryption and access controls, to safeguard sensitive contract information.
  • Customizable Templates
    Users can create and use customizable templates which streamline the contract creation process and ensure consistency across documents.

Possible disadvantages of Contract Hound

  • Limited Integrations
    Contract Hound offers fewer integrations with other software services compared to some competitors, which may limit its ability to fit seamlessly into existing workflows.
  • Potential Learning Curve
    Despite its user-friendly interface, there could still be a learning curve for users unfamiliar with contract management software, requiring some initial training.
  • Pricing
    The cost of Contract Hound might be on the higher side for small businesses or startups, which could make it less accessible for smaller organizations.
  • Lack of Advanced Features
    Some users might find that Contract Hound lacks certain advanced features found in more comprehensive contract management systems, such as advanced analytics or AI-powered contract review.

Precisely features and specs

  • User-Friendly Interface
    Precisely offers a streamlined and intuitive user interface that simplifies contract management, ensuring ease of use even for users with minimal technical expertise.
  • Comprehensive Features
    The platform provides a wide range of features including contract creation, collaboration, e-signatures, and automated reminders, making it a comprehensive solution for contract lifecycle management.
  • Automation Capabilities
    Precisely offers automation tools that reduce manual workload by allowing users to set up automated workflows and reminders, enhancing operational efficiency.
  • Secure Platform
    Security features ensure that data is protected and complies with relevant regulations, providing peace of mind in managing sensitive contract information.
  • Integration Options
    The software integrates with many third-party applications and tools, which facilitates seamless incorporation into existing business processes.

Possible disadvantages of Precisely

  • Pricing Structure
    The pricing of Precisely might be considered high for small businesses or startups, potentially limiting its accessibility for companies with limited budgets.
  • Learning Curve
    Despite its user-friendly design, some users may experience a learning curve initially when setting up workflows and familiarizing themselves with all the features.
  • Customization Limitations
    While it offers many features, some users might find the customization options limited compared to other contract management solutions, affecting how tailored the software can be for specific business needs.
  • Customer Support Hours
    Support hours might not be convenient for all users, particularly those in different time zones, which can affect timely issue resolution.
  • Feature Overload
    Some users might find the wide array of features overwhelming, leading to underutilization or complexity in choosing the right tools for their needs.

Analysis of Contract Hound

Overall verdict

  • Contract Hound is generally well-regarded by its users for its straightforward approach to contract management. While it may not have the advanced features of some larger enterprise solutions, its focus on simplicity and ease of use makes it a valuable tool for companies looking to streamline their contract processes without a steep learning curve. It is a good choice for those who prioritize user-friendly solutions that can quickly integrate into their existing workflows.

Why this product is good

  • Contract Hound is designed to simplify contract management for small to medium-sized businesses. It offers features such as easy document storage, customizable alerts for renewal dates, and simple approval workflows. Users often appreciate its intuitive interface and focus on essential functionalities without overwhelming complexity. The platform aims to help businesses manage their contracts efficiently and reduce the risk of missed deadlines or compliance issues.

Recommended for

    Contract Hound is recommended for small to medium-sized businesses or teams that need a reliable, uncomplicated contract management system. It is particularly suitable for those who want to avoid the complexities of more robust enterprise software but still require a solution that provides essential functionalities like document storage, alerts, and approval workflows. It's ideal for organizations seeking to improve efficiency and oversight of their contract-related activities.

Contract Hound videos

+ Add

Uploading a Contract in Contract Hound

Precisely videos

+ Add

Famly Co Review: Precisely Pro!

More videos:

  • Review - Precisely My Brow Pencil REVIEW | New Collection | Upgrade? |
  • Review - BENEFIT PRECISELY MY BROW PENCIL | SWATCHES | REVIEW

Category Popularity

0-100% (relative to Contract Hound and Precisely)

Contract Hound

Precisely

Contract Management
65 65%
Contract Management
35% 35
Document Automation
65 65%
Document Automation
35% 35
Business & Commerce
50 50%
Business & Commerce
50% 50
Online Services
58 58%
Online Services
42% 42

User comments

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What are some alternatives?

When comparing Contract Hound and Precisely, you can also consider the following products

CobbleStone Software - Managing contracts just got easier with CobbleStone!

Juro - Juro is a contract automation platform that enables your team to create, execute and monitor routine contracts at scale without ever leaving the browser.

Malbek CONTRAX - Malbek CONTRAX is a robust and prominent Contract lifecycle Management Solution built from the ground up to make life simpler for everyone.

Contract Assistant - Web based contract management software

Great Minds Software Contract Advantage - Great Minds Software Contract Advantage gives you the opportunity to manage contracts with great ease.

Concord - Contract Management Software and unlimited Electronic Signatures. Reduce costs, maximize compliance & mitigate risk. Enterprise solutions available.

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