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docusign-vs-pandadoc

June 23rd, 2020 3 min read

DocuSign is the flagship product of the DocuSign Agreement Cloud, a platform consisting of software focused on “agreement processes”. DocuSign’s key feature is eSignature and document generation.

Similar to DocuSign, PandaDoc’s key feature is eSignature. However, it also supports contract and proposal management. PandaDoc also has a related tool Quote Roller, focused on sales proposal automation.

DocuSign reviewers are primarily from mid-sized companies and part of the Computer Software industry. PandaDoc reviewers on the other hand are primarily small businesses, but also have their largest representation from Computer Software companies.

Features

DocuSign’s biggest selling point is helping controllers create documents that can be signed online, cutting out the hassle of dealing with printed materials, and using postal mail. DocuSign also supports managing document workflows, creating documents through integrated apps like Salesforce, version controls, and analytics of contracts and agreements.

PandaDoc speaks to its utility as a sales support tool. The value proposition from PandaDoc is that using its features can help sales teams “crush their quota from propose to close”. PandaDoc seeks to accomplish this goal by providing insights into document workflows, changes, and analytics to streamline, automate, and improve upon online document management and eSignature user experiences.

Limitations

While DocuSign may be best suited for enterprises that transmit a large number and variety of online documents daily, there are some types of businesses and use cases that may want to more closely inspect competitors’ offerings. For example, DocuSign may not be best for businesses who need a free or more “budget”-friendly option. It may not also be the best tool for businesses that are looking for a high level of customization with their online documents.

PandaDoc’s biggest drawback appears to be its ease-of-use. Many reviewers report that there is a learning curve with PandaDoc and that memorizing its intricacies, especially as they change between upgrades, can make use across large teams and departments difficult. PandaDoc continues to be popular, however, given it has a version available completely free and with a high-rated payment portal.

Pricing

As previously mentioned, DocuSign does not have a free version available like PandaDoc. For many, this makes PandaDoc the instant choice in terms of affordability. However, DocuSign’s paid plans are more than considerable given their expansive feature set and wide array of use cases.

DocuSign’s cheapest paid plan starts at $10/month for a single-user. DocuSign also provides a specialized solution for the Real Estate industry and an “API” version for organizations looking for advanced customization and authentication abilities. This version starts at $50 per month.

PandaDoc’s cheapest paid plan starts at $9 per month per user, designed for use by individuals within a department or organization. Its Business plan is $49 per month per user and introduces an unlimited number of created documents, CRM integrations, a content library, custom branding, and workflow tracking.

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