Seamless contract intake with Precisely AI
Seamless contract intake with Precisely AI
Precisely AI simplifies the hassle of third-party contract intake. The AI quickly recognizes contract values and summarizes key points, so you can focus on work that matters.
Why Precisely AI?
Working with external contract intake with the help of the Precisely AI will:
- Significantly save time to register contracts
- Reduce the risk of human error
- Eliminate time-consuming manual tasks
"But when it comes to archiving and looking at the bigger picture – the entire contracting lifecycle – Precisely is simply the best option. The archiving function is more intuitive, with smart search and grouping."
How does it work?
Precisely AI analyzes your external documents and suggests:
- Contract description
- Metadata points and values
- Contract clauses
"The risk of data being spread was so high that we needed a solution to ensure it would never happen again. That solution was Precisely."
Precisely’s AI-powered archive
A centralized contract repository system keeping all your contracts in one place.
- Contract metadata let you filter, locate, and export a list of documents in seconds
- Stay in control of the folder structure and custom access setting for different teams
Save hours of manual work with an AI-powered CLM
Free AI-powered trialAI Security FAQ
Is my data used to train AI models?
No. Precisely never uses your data to train or fine-tune AI models—neither internally nor through third-party providers. All AI features are built on inference-only APIs with strong privacy guarantees.
Where is my data processed?
By default, data is processed within the EU (Sweden) via Azure OpenAI, under Microsoft’s EU Data Boundary program. US-based OpenAI and customer-hosted API keys (BYOK) are supported upon request.
What kind of data is sent to AI?
Full contracts, which may include PII, can be sent for tasks like metadata extraction and summarization. While not pseudonymized, all data is encrypted and processed under strict access controls.
Can I control or disable AI features?
Yes. AI usage is optional, role-based, and fully configurable. Admins can enable, disable, or opt out entirely via system settings.
What safeguards are in place?
- Encrypted storage of AI-generated outputs
- Strict role-based access to logs and features
- Prompt injection protection
- Continuous internal audits and security reviews