Handling documents like contracts, proposals, and agreements can be a pain without the right tools. PandaDoc is one of the top solutions for automating the whole document process, from creating them to signing them digitally. But is it really the best document management software for your business? In this PandaDoc review, we’ll go over its features, pricing, pros and cons, and answer some of the most frequently asked questions like “What is PandaDoc used for?” and “How does PandaDoc work?” to help you decide.
Key Features of PandaDoc
- Document Creation & Customization
PandaDoc makes it super easy to create professional documents. With its drag-and-drop editor, you can add text blocks, pricing tables, images, and more. The pre-made templates are a huge time-saver for contracts, quotes, and proposals. - eSignature Integration
One of the best parts of PandaDoc is its built-in electronic signature feature. Unlike some other tools that require third-party software for eSignatures, PandaDoc has it all in one place. The signatures are legally binding, and everything is securely tracked. - CRM Integration
PandaDoc works with popular CRM platforms like Salesforce, HubSpot, and Pipedrive. This means you can create, send, and track documents directly from your CRM, reducing the back-and-forth between tools. - Document Analytics
PandaDoc offers real-time insights into how people interact with your documents. You can track when they open the document, how long they spend on each page, and when they sign. This info helps you follow up at the right time. - Payment Processing
You can even collect payments through PandaDoc by integrating it with services like PayPal or Stripe. This makes it easy for clients to pay right after signing a contract or agreement. - Collaboration & Workflow Automation
PandaDoc allows teams to collaborate on documents in real-time. You can add comments, suggest changes, and approve edits. Plus, there are automated workflows to keep things moving, like reminders or approval notifications.
PandaDoc Pricing Plans (2024)
PandaDoc has a variety of pricing plans to suit different business needs:
- Free Plan: Ideal for freelancers or small teams, offering basic document creation and eSignatures.
- Essentials Plan: Starting at $19/month, this plan includes unlimited document creation, custom branding, and basic analytics.
- Business Plan: At $49/month, you get advanced integrations (e.g., CRM), approval workflows, and better team collaboration features.
- Enterprise Plan: Custom pricing for larger businesses, offering enterprise-level features like API access, custom workflows, and advanced security.
Here’s a table format for the PandaDoc pricing plans
| Plan | Description | Price | Key Features |
|---|---|---|---|
| Starter | For quickly creating and signing forms and agreements. | $19 USD per seat/month | – Unlimited document uploads and e‑Signatures – Rich media drag-and-drop document editor – Real-time tracking and notifications – 24/7 email and chat support |
| Business | For sales proposals and integrated agreement workflows. | $49 USD per seat/month | – Everything in Starter, plus: – Custom quotes and sales agreements – CRM integrations* – Custom branding and content library – Deal rooms – Approval workflows – Web forms* – Bulk send* |
| Enterprise | For end-to-end document workflows and advanced automations. | Contact for pricing | – Everything in Business, plus: – CPQ (configure, price, quote)* – Workflow automation – Smart content – Single sign-on (SSO) – Team workspaces – Notary* – API* |
Pros and Cons of PandaDoc
Pros:
- All-in-One Tool: Combines document creation, signing, and analytics, so no need for multiple tools.
- User-Friendly Interface: The drag-and-drop editor is easy to use even if you’re not tech-savvy.
- Affordable for Small Teams: Reasonable pricing for what it offers, especially for small businesses or freelancers.
- Strong Integrations: Works well with major CRMs, payment gateways, and project management software.
Cons:
- Free Plan Limitations: The free plan is pretty limited with only basic features available.
- Can be Complex for Beginners: For larger teams or complex workflows, the setup might take some time.
PandaDoc vs. Competitors
- PandaDoc vs. DocuSign: PandaDoc is more than just an eSignature tool; it also offers document creation, which sets it apart from DocuSign.
- PandaDoc vs. HelloSign: PandaDoc provides more automation and integration options compared to HelloSign, which is better suited for simpler eSignature needs.
Final Verdict: Is PandaDoc Worth It?
PandaDoc is a powerful tool for automating document workflows, from creation to eSignature and even payments. Its ease of use, CRM integrations, and pricing flexibility make it a great choice for both small teams and larger businesses. While the free plan is a bit limited, the paid plans offer excellent value, especially with the advanced features like real-time analytics and workflow automation.
If you need a document management solution that can save you time, make signing easy, and improve team collaboration, PandaDoc is definitely worth considering.
What is PandaDoc used for?
PandaDoc is used for creating, sending, and signing documents like contracts, proposals, and agreements. It automates the entire document workflow, from generating documents to collecting eSignatures, and even accepting payments. It’s widely used by sales teams, HR departments, and legal teams to streamline their document management process.
Is PandaDoc safe and legal?
Yes, PandaDoc is both safe and legal. It uses SSL encryption, two-factor authentication, and follows legal regulations like ESIGN and UETA, which make eSignatures legally binding. Your documents are protected, and signatures are tracked to provide a secure audit trail.
How does PandaDoc work?
PandaDoc allows users to create documents using templates or from scratch with a drag-and-drop editor. You can add text, images, pricing tables, and signature fields. Once the document is ready, you can send it to recipients for review and signature. PandaDoc tracks the document’s progress, providing real-time analytics on how recipients engage with it. It also integrates with CRMs and payment processors, so you can manage everything from one platform.