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 this process involves more than just securing the signature. Many companies need additional features to make their document management workflow as efficient as possible.
Below we will look sign now and Panda Doctwo popular electronic signature and document management solutions, and advise on which solution is right for your business.
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What is signNow?
signNow is a cloud-based electronic signature service for both small to medium businesses and large enterprises. The signNow service allows companies and individuals to sign documents or contracts electronically and securely.
The service meets all requirements of electronic signature protocols and the signed documents created by the service are legally binding.
signNow also offers many other document workflow tools, such as fillable fields, templates, and options for conditional and multi-signature signatures.
What is PandaDoc?
PandaDoc is a subscription-based software solution for document creation, signing and tracking. Built for speed and ease of use, PandaDoc enables companies or individuals to quickly create and share documents that need to be signed.
With a focus on sales documents, PandaDoc enables detailed tracking of all documents sent. This can be used to measure engagement and other metrics related to documents sent to clients for various purposes.
signNow and PandaDoc feature comparison
PandaDoc and signNow share many of the same core functions required for electronic document signing; the main differences are for those who need sales-oriented tools and document workflows. PandaDoc has an edge in this area.
signNow is more aimed at organizations that need a common 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.
| Feature | sign now | Panda Doc |
|---|---|---|
| Legal electronic signature | Yes | Yes |
| Document storage | Yes | Yes |
| Custom branding | Yes, paid subscription | Yes, paid subscription |
| Free form invites | Yes | no |
| Memories | Yes | Yes |
| Capture personal signature with mobile camera | no | Yes |
| Document templates | Yes | Yes |
| Document expiration date | Yes | Yes |
| Content library | no | Yes |
| API integrations | Yes | Yes |
| Mobile phone application | Yes | Yes |
signNow and PandaDoc pricing plans
Both services are offered as a subscription billed monthly based on a user rate. signNow has the lowest cost with a Basic plan at $8 per month, compared to $19 for PandaDoc’s lowest-priced tier.
The more advanced Business tier plan costs $15 for signNow and $49 for PandaDoc.
An important difference is that PandaDoc offers a free tier with limited features but unlimited documents. signNow does not offer a free plan, but does offer a seven-day free trial; no credit card is required for the free trial.
| sign now | Panda Doc | |
|---|---|---|
| Free Trial | Yes, 7 days | Yes, 14 days |
| Free plan | no | Yes. Unlimited number of documents with limited functions |
| 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?
While sign now and Panda Doc offering core e-signature features, the differences come down to what your specific business focuses on.
signNow is a great solution for companies that need contracts and other similar business documents signed on a regular basis. 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 need to be met.
On the other hand, PandaDoc shines in a sales environment where the company mainly sends sales documents to customers to close deals. In this area, PandaDoc has additional tools such as advanced statistics to see how customers interact with the contracts or documents that are sent.
In addition, price is a factor between the two. PandaDoc is the only one between the two with a completely free tier. For some smaller organizations, this may be enough to meet their needs.
signNow does not offer a free tier, but the two paid plans are significantly cheaper per user. In fact, signNow costs less than half the cost of PandaDoc per user for their base plan.
So pricing is definitely an issue between the two as PandaDoc will cost companies at least double that per user. Thankfully, PandaDoc does offer a free tier so users can try out the service at their leisure to see if the platform is worth the extra money.
Overall, these two document signing solutions cover virtually all document workflow needs an organization may have. The difference is between signNow’s more general document approach to handling different situations and PandaDoc’s focus on sales related workflows and tracking.
