Beyond GDPR: Security for Digital Contracting

Keep your contracts private and secure according to the highest enterprise standards for encryption and state-of-the-art server infrastructure.

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Security in Precisely

Keeping contracts secure is crucial to your business. Precisely uses TLS encryption and state-of-the-art server infrastructure with world-class standards.

For maximized control of your data, there is also an option of custom hosting.

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Bank-level security by default

Encryption

TLS (Transport Layer Security) with an ECDHE P-256 AES-256-crypto suite secures your Precisely data.

Physical data security

Precisely hosts its data center in a state-of-the-art SAS70 Type II, SSAE 16 facility (ISO 27001 certification).

Automatic backups

Data uploaded to the platform is continuously backed up, as well as replicated in multiple data centers.

User Management

Single Sign-On (SSO)

Your team can log in to Precisely using the same method as in all your work-related apps.

Active Directory (AD)

Users can be added to Precisely and put into teams via your centralized Active Directory (AD).

 

Access control

  • Set up the data access for your users and teams in an advanced, yet structured way.
  • Stay in full control by choosing which teams will have access to a specific group of contracts or templates.
  • Keep clear visibility over the overall access structure
screenshot of the smart archive possibilities in Precisely clm

Compliant contracts

GDPR compliance

The Precisely platform follows the principles of GDPR in its design by, for example, limiting personal information collection, allowing maximized control of input fields in contracts by use of different types of questions (e.g. multiple choice, min/max values), providing clear helping and example text to any free-text field, and allowing easy-to-navigate access policies

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Legally binding E-signature

Precisely offers 16 signing options. Keep a familiar workflow, environments your signees are comfortable in (e.g. DocuSign or Adobe Acrobat Sign), have different counterparties sign the same contract in their preferred way (e.g. Swedish BankID for your Swedish signees, and MitID for your Danish signees), and do everything contract-related – from drafting to archiving and monitoring – in the same spot: Precisely CLM platform.

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Advanced contract approval

Precisely’s smart approval workflow lets you automate approvals for various contract stages. Allowing a flexible design of the workflow, approvers can be included even under a specific set of conditions. This ensures that each document is properly authorized before being sent for external negotiation or a signature.

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Custom hosting options

Comply with local laws and regulations

  • We ensure no Precisely data leaves the country by hosting your data within the physical borders.
  • Increased compliance with the latest EU regulations on data and privacy (GDPR and SCHREMS II)

Enhance security by hosting data separately

  • Your data is stored in a physically segregated, thus more secure environment.

Explore the platform

Take your contracting security and privacy to the highest standard with Precisely

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