PandaDoc vs. DocuSign: 2023 Comparison Guide

The digital age has completely changed the way we do business. Everything from how we communicate with our customers to how we manage our finances is now digital. This shift has also significantly impacted how we gather legally binding signatures.

In the past, if you needed to sign a contract or agreement, you would have to print it out, sign it, and then scan it back into your computer. But now, there are digital signing platforms like PandaDoc and DocuSign that make it possible to sign documents electronically.

So, which is the best platform for your business? This article will compare PandaDoc vs. DocuSign to help you decide.

Both PandaDoc and DocuSign offer a variety of features that can be helpful for businesses. Here’s a quick overview of what each platform offers:

PandaDoc:

PandaDoc is a document signing platform that offers a variety of features to help businesses streamline the document signing process. PandaDoc makes collecting signatures easier and faster.

Key Features

Electronic signatures:

PandaDoc offers electronic signatures that are legally binding in the United States. This means you can sign documents electronically without having to print them out or sign them by hand.

Document management:

PandaDoc also offers a document management system that allows you to store, share, and track your documents in one place. This can help keep track of important documents like contracts and agreements.

Integrations:

PandaDoc integrates with various popular business software platforms, including Salesforce, HubSpot, and Zoho CRM. This allows you to automate the document signing process and save time.

DocuSign:

Similar to PandaDoc, DocuSign is an alternative document signing solution. The platform allows users to sign documents from any decision, whether through a tablet, smartphone, or computer. The copies signed with DocuSign are also encrypted, and a complete audit trail is maintained to provide legal evidence if needed.

Key Features:

Template Management System:

DocuSign does not provide standardized templates but allows you to build your own. This tool is helpful for businesses that need to sign the type of document regularly. The platform also offers workflow automation features that allow companies to automate the document signing process.

Integrations:

DocuSign integrates with various business software, such as Salesforce, Google Docs, and Microsoft Office 365. This allows businesses to automate their workflows and save time.

Editing:

DocuSign allows users to edit documents electronically. This can help make changes to contracts or agreements without having to print them out and sign them by hand, which disrupts document workflow.

Document Storage:

DocuSign offers a document storage system that allows businesses to store, share, and track their documents in one place. This can help keep track of important documents like contracts and agreements.

PandaDoc vs. DocuSign: Pricing

PandaDoc and DocuSign both offer a variety of pricing plans to fit the needs of different businesses. Here’s a quick overview of the pricing plans offered by each platform:

PandaDoc:

PandaDoc offers three different pricing plans in addition to a free 14-day trial.

1. Essentials Plan ($19/month/user)- includes templates, rich media drag and drop document editor, pricing tables, document analytics, and 24/7 email and chat support.
2. Business Plan ($49/month/user) – includes the Essentials plan plus CRM and Zapier integrations, content library, custom branding, approval workflows, forms, and bulk send.
3. Enterprise Plan (Case Dependent) – Includes all of the Business plan features plus SSO support and custom user roles, unlimited number of team workspaces, salesforce integration, user performance, content reporting, notary, and API.

DocuSign:

DocuSign offers four different pricing plans and a free 30-day trial. A free plan also allows you to sign documents stored in DocuSign’s secure cloud service.

Personal: $10/user/month

• Send documents for eSignature for up to 5 users
• Basic reports
• Basic fields
• Multiple languages
• Reusable templates
• Automated reminders and notifications
• Real-time audit trail for convenient document history

Standard: $25/user/month

• Includes all features in the personal plan
• Integrates with Dropbox, Google Drive, Microsoft Office, Evernote, and more
• Shared documents with comments
• Shared templates
• Team reports
• Customized branding
• In-person signature

Business Pro: $40/user/month

• Includes all features in Standard
• Signer attachments
• Collaborative fields
• Advanced fields
• Drawing fields
• Single click consent
• SMS authentication
• PowerForms
• Collect Payments
• Bulk Send

Enhanced Plans (Case Dependent)

• Includes all of Standard or Business Pro features plus…
• Integrations, connectors
• Embedded signing
• Advanced branding
• Identification and authentication
• Single-sign-on (SSO)
• Dynamic pricing tables
• Organization administration
• Customizable usage limits
• Industry modules
• Enterprise level support

PandaDoc vs. DocuSign: Pros and Cons

PandaDoc:

Pros:

• Offers electronic signatures that are legally binding in the United States
• A document management system allows you to store, share, and track your documents in one place
• Integrates with a variety of popular business software platforms

Cons:

• More expensive than DocuSign

DocuSign:

Pros:

• Offers electronic signatures that are legally binding in the United States
• The template management system allows you to create, manage, and reuse document templates
• Workflow automation features will enable you to automate the document signing process

Cons:

• Fewer features than PandaDoc
• It does not allow users to edit uploaded documents
• Users can only upload a limited number of document types

PandaDoc vs. DocuSign: Which is the best platform for your business?

PandaDoc and DocuSign are both document signing platforms that offer a variety of features to help businesses streamline the document signing process. However, there are a few key differences between the two platforms.

PandaDoc is more expensive than DocuSign, but it offers more features, including a content library, interactive quoting, and recipient analytics that is useful for sales teams.

DocuSign is a less expensive option than PandaDoc but offers fewer features. However, it does offer a template management system and workflow automation features that can be helpful for businesses that need to sign a large number of documents regularly.

So, which platform is the best for your business? If you need a platform with more features and are willing to pay more, PandaDoc may be your best option. However, if you’re looking for a less expensive alternative mainly used by non-sales teams that don’t need the extra features, then DocuSign may be the better choice.

If your business is still looking for some more guidance on choosing the right e-signature solution, our team of growth enablement experts is here to help! By listening to your business needs and goals, we can provide you with a software system that aligns with your desired outcomes.

Are you interested in learning more?

Check out this quick side-by-side comparison video from BrainSell’s e-signature expert.