PandaDoc and signNow are electronic signature solutions for managing electronic documents and contracts. See which tool works best for you. Image: Rebecca Olason/TechRepublic Digitally signing documents has now become the Continue Reading
PandaDoc and signNow are electronic signature solutions for managing electronic documents and contracts. See which tool works best for you.
Digitally signing documents has now become the norm for businesses of all sizes. But, there is more to this process than just securing the signature. Many businesses need additional features to make their document management workflow as efficient as possible.
What is signNow?
signNow is a cloud-based e-signature service for small to midsize businesses as well as enterprises. The signNow service allows companies and individuals to sign documents or contracts electronically and securely.
The service meets all of the requirements of e-signature protocols, and the signed documents created by the service are legally binding.
signNow also offers a host of other document workflow tools such as fillable fields, templates, and conditional and multiple signature options.
What is PandaDoc?
PandaDoc is a subscription-based document creating, signing, and tracking software solution. Built for speed and ease of use, PandaDoc allows businesses or individuals to quickly create and share documents that need to be signed.
With a focus on sales docs, PandaDoc allows for detailed tracking of all documents that are sent out. This can be used to measure engagement and other metrics related to documents sent to customers for various purposes.
signNow and PandaDoc feature comparison
PandaDoc and signNow share many of the same core features needed for electronic document signing; the main differences are for those who need sales-focused tools and document workflows. In this area, PandaDoc has the edge.
signNow is focused more on organizations that need an overall document workflow strategy that can work with a variety of documents, including legal and other critical areas. For non-sales-related document management, signNow has an edge.
|Legal electronic signature||Yes||Yes|
|Custom branding||Yes, paid plan||Yes, paid plan|
|In-person signature capture with mobile camera||No||Yes|
signNow and PandaDoc pricing plans
Both services are offered as a subscription that is billed per month based on a per user rate. signNow has the lowest cost with its Basic plan being $8 per month compared to $19 for PandaDoc’s lowest-priced tier.
The more advanced Business tier plan is priced at $15 for signNow and $49 for PandaDoc.
One important difference is that PandaDoc offers a free tier with limited features but unlimited documents. signNow does not offer a free tier plan, but it does offer a seven-day free trial; no credit card is needed for the free trial.
|Free trial||Yes, 7 days||Yes, 14 days|
|Free plan||No||Yes. Unlimited documents with restricted features|
|Basic/Essentials plan||$8 per month||$19 per month|
|Business plan||$15 per month||$49 per month|
Is signNow or PandaDoc better for my business?
signNow is a great solution for businesses that need contracts and other similar business-related documents signed regularly. They have all the tools to manage those documents and especially have tools to help with legal documents that may have complex or critical workflows that must be adhered to.
On the other hand, PandaDoc shines in a sales setting where the business is mostly sending sales documents to customers to close deals. In this area, PandaDoc has additional tools like advanced metrics to view how customers are interacting with the contracts or documents being sent out.
Additionally, price is a factor between the two. PandaDoc is the only one between the two with a totally free tier. For some smaller organizations, this may be enough to satisfy their needs.
signNow does not offer any free tier, however, its two paid plans are significantly less expensive per user. In fact, signNow is less than half the cost of PandaDoc per user for their basic plan.
So, pricing is definitely an issue between these two, as PandaDoc will cost businesses at least double per user. Thankfully, PandaDoc does offer a free tier, so users can test out the service at their leisure to see if the platform is worth the extra money.
Overall, these two document signing solutions will cover virtually any document workflow needs an organization may have. The difference is between signNow’s more general document approach for handling a variety of situations and PandaDoc’s focus on sales-related workflows and tracking.