Software Alternatives, Accelerators & Startups

Precisely VS Contractify.io

Compare Precisely VS Contractify.io and see what are their differences

Precisely logo Precisely

Precisely aligns law and technology to revolutionize the handling of contracts

Contractify.io logo Contractify.io

AI-driven contract management software for e-signing, managing and automating all your contracts online in just a few clicks. Contractify empowers teams to collaborate online. With over 10 years of experience, we ensure your contracts regain value.
  • Precisely Landing page
    Landing page //
    2022-07-11
  • Contractify.io Contractify Contract Management Cloud Software
    Contractify Contract Management Cloud Software //
    2024-01-17
  • Contractify.io Contract task automation in Contractify
    Contract task automation in Contractify //
    2024-01-17
  • Contractify.io AI metadata extractor ADA
    AI metadata extractor ADA //
    2024-07-23

Contractify is Europe’s leading AI-driven contract management software. The highly user-friendly contract management platform is recommended by legal, finance & purchase professionals to alleviate administrative contract tasks & streamline contract procedures, from finding to signing and following up on contracts in the cloud. This way, the contract management tool aids over 125 leading companies to mitigate contract risks, lower administrative workload & improve cross-department collaboration. As a company, we strive to make contract management a no-brainer by making it as accessible as possible through optimal user experience and the use of artificial intelligence.

Here's what you use Contractify for:

🤖 Manage your contracts 3 times faster with our AI contract data analyst

☁️ Work together from home or at the office in one centralized cloud platform.

🔍 Easily find all your contracts' versions and related documents

📊 Check your contracts' ROI with recurring reporting.

✒️ Sign contracts with secure & legally binding e-signatures

📤 Share & collaborate with your team, but restrict access when needed

🔔 Get automated reminders for important follow-up dates & tasks

Contractify.io

$ Details
paid Free Trial €41.0 / Monthly (per user)
Platforms
Web Browser Cloud Windows Mac OSX Google Chrome Linux Chrome OS Internet Explorer Edge Opera
Release Date
2015 December
Startup details
Country
Belgium
Founder(s)
Steven Debrouwere, Herlinde De Buck
Employees
10 - 19

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.

Contractify.io features and specs

  • AI contract analyst ADA
  • Contractor Management
  • Contract Lifecycle Management
  • Document management
  • eSigning
  • Approval Workflows
  • Automated Milestone Notifications & Tasks
  • Approval Templates
  • User & Permission Management
  • Dashboards & reporting
  • OCR
  • Bulk Upload & Modifications
  • 2-Factor Authentication
  • Custom Fields & Tags
  • AI Powered
  • Open API
  • SSO Integration
  • Customer Support

Precisely videos

Famly Co Review: Precisely Pro!

More videos:

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

Contractify.io videos

Contractify - What are automated contract approval flows?

More videos:

  • Demo - Meet Ada: The 5 second contract data analyst by Contractify

Category Popularity

0-100% (relative to Precisely and Contractify.io)
Contract Management
65 65%
35% 35
Business & Commerce
100 100%
0% 0
Document Automation
52 52%
48% 48
Contract Lifecycle Management

Questions and Answers

As answered by people managing Precisely and Contractify.io.

How would you describe your primary audience?

Contractify.io's answer:

Legal, finance, purchase & facility teams who want to collaborate on contracts with other departments in an effortless way.

What's the story behind your product?

Contractify.io's answer:

Contractify is a Belgian SaaS company that aims to provide companies with a 100% compliant & error-free contract management solution. Contractify's founders Steven Debrauwere and Herlinde De Buck started the B2B business in 2015 by advising organisations on how to optimise their contract management process. Due to the increasing need for a tool to centralise and automate contract management, they translated their years of practical experience into a cloud-based contract management software that has since grown into a user-friendly and AI-driven automation platform that helps companies centralise, manage and sign all contracts in one secure contract library.

Who are some of the biggest customers of your product?

Contractify.io's answer:

  • Sunrock
  • Jims
  • Club Brugge
  • VDK bank
  • Van Marcke
  • Meat & More
  • Fortino Capital
  • Van Moer Logistics
  • Amplifon
  • DNS Belgium
  • Inno
  • Eurofit Group

Why should a person choose your product over its competitors?

Contractify.io's answer:

Contractify is Europe's pioneer in AI enhanced contract management software. Ada, Contractify's contract data analyst, is a proven solution to digitize, read and organize all your contracts in no-time. The excellent user experience enables all Contractify's users, from tech averse to tech aficionado, to regain an overview and control over their contracts. Proof of its user-friendliness is the SaaS software's modularity, which makes it child's play to plug the post-award contract management platform into any existing tech stack.

What makes your product unique?

Contractify.io's answer:

The contract management platform was created out of years of hands-on contract management experience, making it the perfect tool for any professional to start managing contracts in a more secure & efficient way. Contractify's excellent customer service & user-friendliness make optimal contract management accessible to any company. With the latest addition of Ada, the artificial intelligent contract assistant, time spent on contract management can be cut in half, while reducing manual errors to a minimum and maximizing contract value.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Precisely and Contractify.io

Precisely Reviews

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Contractify.io Reviews

  1. Great support & easy to use
    • Had a great personal onboarding with my CSM
    • The support is super fast
    • Tool is easy to use
    • Smaller company so you're not a "number". They really care about you.
    🏁 Competitors: Contractbook

What are some alternatives?

When comparing Precisely and Contractify.io, you can also consider the following products

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.

CobbleStone Software - Managing contracts just got easier with CobbleStone!

Contractbook - Helping businesses scale with future-proof contracts

Contract Hound - No-Hassle Contract Management for Small Businesses and Nonprofits

ContractWorks - ContractWorks provides secure and easy-to-use contract management software that helps you gain control of your contracts.

Contract Assistant - Web based contract management software