Precisely reviews

3.9

78% would recommend to a friend

(66 total reviews)
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Walid Abu-Hadba

Not enough data to show CEO approval

61% positive business outlook

Reviews by job title

66 reviews

Reviews about "Culture"

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1.0
Mar 5, 2022

No work/life balance

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some great products/solutions. Breadth of offerings to sell to enterprise customers. Few great and talented people still around.

Cons

They are too busy acquiring companies to fix what is already broken from all of the poor integrations and poorly executed salesforce implementations. All of the system burdens are on sales. Little to no back office support and they are so burned out that they do not even try to help. Systems take so much time away from actual selling. How can a company who sells data integrity and data governance have THOUSANDS of accounts that are the same company? All of the crazy workarounds to make a deal close are insane. Culture disregards how much experience or knowledge you have - they dismiss you. They could be in a role for a year and there are people who have been there 20 years but their feedback is useless/disregarded. Employees are not valued/ they are disposable. They will lay off a hundred to make a sale to another private equity look good. Then they will hire back twice as many at half the cost but with 1/4 the knowledge to back fill once the transaction is complete but all of the talent and knowledge is lost. It is a never ending cycle with private equity financing. Someone at the top is clearly profiting from this, the rest are just running the hamster wheel. There is Pressure to perform is fierce.

2.0
Sep 28, 2021
Recommend
CEO approval
Business Outlook

Pros

Most people there are pretty decent

Cons

The company’s entire strategic direction was aimed at maximizing ownership’s exit value. Given owners short holding periods and mature stage of company these strategies all had immediate cash flow requirements - no long term strategies were entertained. This led to over-reliance on financial engineering and operational efficiency and a marked distrust of innovation. Any hints of new ideas and creativity were stifled in the name of short term profits. 90% of everyone’s focus was M&A for the sake of M&A - any product benefit to these acquisitions was merely a cover story.

5.0
Aug 24, 2021

The best I've seen

Recommend
CEO approval
Business Outlook

Pros

I've worked for a number of companies as both an individual contributor and a front-line manager. I've been a manager here at Precisely for a month, so things are pretty fresh, but everything I've seen says that this company is more human, more accessible, less formal, more responsive, less rigidly structured, and more open to taking the time and space necessary for good, informed decision-making. It's a cliche, but employees here really are treated as individuals. The management structure is very flat - the focus is on getting the work done.

Cons

So far, I don't really see any. Funding for niceties is less extravagant than at some other companies. We're entirely remote (at least for the time being) so there isn't a water-cooler to hang out around. There's been a lot of growth-by-acquisition, which leads to upheaval and change - if you can't deal with change, this isn't the place for you.

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