Imagine spending weeks nurturing a high-value client, but then, the process grinds to a halt. Why? The proposal is stuck in approval limbo, requiring multiple signatures and last-minute adjustments. Frustration builds, the client loses interest, and what seemed like a sure win slips through your fingers.
Such scenarios are common in businesses. Fortunately, modern tools like PandaDoc and DocuSign are designed to address these challenges. They enable businesses to streamline proposal creation, track progress in real-time, and finalise contracts with secure e-signatures—all in one platform.
In this guide, let’s compare PandDoc vs. Docusign with details on key features, advantages, disadvantages, and costs to assist you in making an informed decision.
What Is PandaDoc?
PandaDoc is a document management software that allows the creation, sending, tracking, and signing of documents. It is utilized by commerce for such tasks as creating, managing, and signing proposals, contracts, quotes, and agreements.
Key Features of PandaDoc
- Drag-and-Drop Editor: Edit and design documents easily with the help of an easy editor and templates to choose from.
- E-Signatures: Secure, fast, and easy-to-use solutions for legally binding digital signatures.
- Smart Content and Automation: Free up time and maintain accuracy with pre-determined rules in place.
- Tracking and Analytics: It provides real-time tracking information that can be helpful when working with your documents.
- Integrations: Compatibility with popular tools like CRM systems (e.g., Salesforce, HubSpot), payment processors, and cloud storage platforms.
Pros Of PandaDoc
Mobile-Friendly Forms: PandaDoc ensures ease of use on mobile devices, allowing users to monitor document progress and address issues quickly.
Templates and Integration: Simplifies template creation with an easy-to-use interface and integration into workflows.
Flexible Document Handling: Offers unrestricted e-signatures and allows easy printing or downloading of signed documents, making it cost-effective and versatile for frequent use.
Cons of PandaDoc
Costly Pricing: The high price of PandaDoc can be a barrier for small businesses. Affordable competitors like Cone offer similar functionalities at significantly lower costs.
Pricing
- Essentials Plan: $19 (annually) or $35 (monthly)
- Business Plan: $49 (annually) or $65 (monthly)
- Enterprise Plan: Custom pricing
What Is Docusign?
DocuSign is an electronic signature tool that assists with keeping all signing and related paperwork electronic. With robust security standards and seamless integrations, it helps businesses save time, reduce costs, and improve efficiency while supporting eco-friendly digital transformations.
Key Features of Docusign
- eSignature: The perfect tool to safely sign documents and share and track paperwork anytime and anywhere, using any device.
- Integrations: Integrate with more than 900 partners seamlessly, including Salesforce, Microsoft, and Google.
- Automated Workflows: Minimize the time to complete the sale agreement, automate important workflows, and enable salespeople to draft, sign, and store agreements in their CRM.
- Centralised Collaboration: Collaborate in a unified space with visibility for all stakeholders, set renewal alerts, and link agreement storage to your CRM for easy access and management.
- Templated Document Generation: Produce professional agreements effortlessly using pre-designed templates.
Pros of Docusign
Mobile Accessibility: Offers dedicated apps on iOS and Android for signing on the go.
Eco-Friendly Processes: Reduces the number of agreements made on paper to help preserve the environment.
Global Security Standards: To protect the data, the company operates in strict compliance with various standard requirements, like ISO 27001 and PCI DSS.
Cons of Docusign
Complex Interface: Advanced features can require additional learning, unlike competitors like Cone, which has an easy-to-use interface that lessens the learning curve.
Pricing
- Personal Plan: $15 billed monthly or $10 billed annually
- Standard Plan: $45 billed monthly or $25 billed annually
- Business Pro Plan: $65 billed monthly or $40 billed annually
- Personalized Plans: Custom pricing.
Head-to-Head Comparison: PandaDoc vs DocuSign Vs Cone
Also Read: PandaDoc vs Proposify vs Cone: Finding the Right Proposal Software for You
Why Choose Cone?
Cone proposal software is a professional proposal, contract and billing tool that will help you manage your documents, create winning proposals, and track payments and sales cycles. It is easy to use, inexpensive, and most preferred for any business type that aims at increasing its efficiency and flexibility.
Best Features
Customisable Proposals: Offers pre-made proposal templates tailored to various industries, with options for branding and personalisation.
E-Signatures: Enables secure and legally binding e-signatures.
Automated Invoicing and Payments: Manages billing, payment plans, and reminders seamlessly.
Dynamic Pricing Tables: Allows flexible pricing configurations to suit client needs.
Sales Pipeline Management: Tracks leads, opportunities, and conversions within a unified platform.
Integration Capabilities: Connects easily with popular business tools and offers robust API options.
Comprehensive Analytics: Provides detailed reporting to monitor performance and improve decision-making.
Pricing
- Essentials Plan: £6.50 or $8 (billed annually) or £9 or $11 (billed monthly).
- Growth: £9 or $11 (billed annually) or £12 or $15 (billed monthly).
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Final Decision: Which One Fits Your Needs?
When choosing between PandaDoc, DocuSign, and Cone, it all depends on your specific business requirements:
- If you choose a platform for document management with the possibility to collaborate and automate various tasks, PandaDoc is a good option.
- For those always concerned about security and globally acclaimed e-signatures, with Docusign you have the industry leader at your fingertips.
Advantages and disadvantages aside, the choice really boils down to your business objectives: size and financial capacity. For those who value simplicity and cost functionality, Cone could be exactly what you need in software. Why not take it for a spin and see how it fits? Try Cone for free today and see how it can transform your proposal process!
FAQs
- Is security a priority for these platforms?
Yes, all three prioritize security, with certifications like SOC 2 (PandaDoc), ISO 27001 (DocuSign), and AES encryption (Cone).
- Can I collect data through forms on these platforms?
PandaDoc and Cone provide features for creating interactive forms, while DocuSign supports basic data collection.
- What industries benefit the most from these platforms?
These platforms are suitable for sales, real estate, legal, healthcare, and IT-related jobs, but the pricing policy of Cone is mostly suitable for small businesses and freelancers.