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Best E-Signature Software Solutions December 2020
It seems like a crowded space, but we like 3 of the main e-signature software solutions in the market and call out their strengths and weaknesses below.
Forget physical documents to record signatures, the disruptors are in one e-signature software solutions; a software that gives user the ability to gather signatures on documents shared electronically. E-signature software facilitates the distribution of legally sensitive documents for the collection of electronic signatures. Organizations use e-signature software to encrypt documents, such as sales contracts or employment paperwork, for which client, employee, or partner signatures are often required.
But they are very different in their approach and pricing also differs.
The top options are: HelloSign (cheaper when paid yearly and has custom plan) Pandadoc (cheapest , offers free trial & great shared categories), and DocuSign (categorized as categorized as G Suite Office Tools, offers free trial) .
Let’s take each in turn:
Who are the Competition?
HelloSign
PandaDoc
DocuSign
HelloSign
PandaDoc
PandaDoc helps you simplify processes and increase efficiency across the entire organization when you integrate your existing CRM, payment, and file storage apps into a single workflow.
Over 18,000 customers use PandaDoc’s all-in-one document automation software to streamline the process to create, approve, and eSign proposals, quotes, and contracts.
PandaDoc is rated the top proposal and contract software by its customers year after year.
DocuSign
DocuSign is the global leader in electronic signatures and the only solution provider of a comprehensive agreement cloud. Their solution helps organizations connect and automate how they prepare, sign, and manage their agreement process. Companies have to be agile given today’s dynamic business climate. DocuSign gives businesses the flexibility they need to maintain continuity and keep customers happy.
The flagship tool in the DocuSign Agreement Cloud is DocuSign eSignature: the #1 way to sign electronically – anytime, anywhere, on practically any device. Hundreds of millions of users in countries around the world rely on DocuSign eSignature everyday to simplify and accelerate their business processes.
E-Signature Software
1. HelloSign
HelloSign (helps over 80,000 customers & millions of people do business faster)
HelloSign is the easiest way to send, receive and manage legally binding signatures for your business of any size. HelloSign allows you to electronically request and add legally binding signatures to any document, from new hire agreements to loans, to NDAs. HelloSign is available in an intuitive web interface, a developer-friendly API, or as a Salesforce add-on.
2. PandaDoc
PandaDoc (Over 18,000 customers use PandaDoc and rated 4.5 out of 5 star rating)
PandaDoc has empowered sales teams to improve deal workflow, insights, and speed while delivering an amazing buying experience.
Sales teams that use PandaDoc typically see a 28% increase in close rate, 18% increase in average sales price and 65% decrease in document creation time
If you have documents that needs to be signed urgently PandaDoc e-signature gets the deal done faster with the convenience and security of legally binding eSignatures.
3. DocuSign
At $10 per individual per month, DocuSign eSignature handles the most demanding customer requirements, you can get remote work done faster and easier
From sales contracts and offer letters to account openings and invoices, DocuSign eSignature is the world’s #1 way to send and sign from practically anywhere, at any time.
DocuSign eSignature accelerates agreements, eliminates manual tasks, and makes it easy to connect with the tools and systems you’re already using.
Our Conclusion
They all have pros and cons. HelloSign starts from the cheapest monthly price, PandaDoc is a good second choice and DocuSign has a lot of eSignature benefits.
All of them monetise users and eSignature Plans, and in that regard you could start at the beginning of the list and work down to see which one suits you best.