Best Electronic Signature Software 2020

PandaDoc vs. Proposify

Is PandaDoc or Proposify the better solution for you? This in-depth, feature-by-feature breakdown will help you select the best electronic signature tool to help close more deals and grow your business.

Electronic signature software tools are used by individuals and organizations to create and manage their legal documents. With so many solutions available in the market, it can be difficult to choose the best one for you and your business.

We’ve written this guide to help you understand the differences between PandaDoc and Proposify and make your purchase decision easier. Below, we share detailed pricing information for each solution, as well as a breakdown of their features.

Comparison Summary

PandaDoc and Proposify are two industry popular electronic signature software tools used by tens of thousands of business and sales professionals.

We found PandaDoc and Proposify as applications to be both advanced and intuitive. Both solutions include core electronic signature solution features: legally binding signatures, templates, a document editor, audit reports, flexible signing and document storage.

PandaDoc and Proposify are both specialized for sales teams. As a result, both solutions include sales team specific features like standardized templates, interactive quoting, integrated payments, and a content library. These features are not found in most other electronic software solutions.

PandaDoc and Proposify’s most popular plans cost less than $60 per month. However, unlike Proposify, PandaDoc offers a free plan that allows you to send an unlimited number of documents.

In our analysis, we found that PandaDoc offers slightly more features and a more streamlined workflow. On the other hand, it’s clear that Proposify has invested more time and resources developing tools to help its customers build visually appealing proposals and quotes. Here’s a quick rundown to determine if PandaDoc or Proposify is best for you:

You'll prefer PandaDoc if:

  • You want a free plan that lets you send an unlimited number of documents for signing
  • You want an application that lets you sign on mobile
  • You want a solution that is HIPAA compliant

Try PandaDoc Today

You'll prefer Proposify if:

  • You want extremely well designed proposals and quotes
  • You want to customize the mobile notifications you receive
  • You want email templates to send documents

Try Proposify Today


Table of Contents

PandaDoc & Proposify Price Comparison

PandaDoc and Proposify are both priced as monthly subscriptions. If purchased on a month-to-month basis, Proposify is slightly more affordable than PandaDoc. However, PandaDoc offers a 24% discount for the upfront purchase of an annual plan.

Unlike Proposify, PandaDoc offers a free plan. PandaDoc’s free plan is basic, but offers unlimited legally binding documents.

PandaDoc Pricing Details

PandaDoc pricing ranges from free to $60 per user per month. You can save ~24% if you choose to pay the annual subscription upfront. Here’s an overview of PandaDoc’s pricing plans:

Free eSign plan
  • Free
Essentials plan
  • $25 per user per month
  • $19 per month under annual subscription
Business plan
  • $59 per user per month
  • $49 per month under annual subscription
Enterprise plan
  • Contact PandaDoc

Proposify Pricing Details

Proposify pricing ranges from $19 to $49 per user per month. Here’s an overview of Proposify’s pricing plans:

Tall plan
  • $19 per user per month
  • Up to 3 users
Grande plan
  • $49 per user per month
Venti plan
  • Contact Proposify

PandaDoc & Proposify Feature Comparison

PandaDoc and Proposify are two advanced solutions built for sales teams that are very similar in functionality and core features. Both platforms include legally binding signatures, templates, a document editor, interactive quoting, audit reports and flexible signing.

In general, PandaDoc comes with slightly more features than Proposify. However, each solution has unique features that we’ve highlighted below.

For a full analysis of each solution’s features, read our PandaDoc review and Proposify review.

FeaturePandaDocProposify
Legally Binding SignaturesYesYes
TemplatesYesYes
Auto-fill DataYesYes
Content LibraryYesYes
Custom BrandingYesYes
Text-editing for Uploaded DocumentsYesNo
Multiple LanguagesYesYes
Robust IntegrationsYesYes
Real-time NotificationsYesYes
In person SigningYesYes
Multi-party SigningYesYes
Mass SignaturesYesYes
Auto-remindersYesYes
Two factor authenticationYes (Contact PandaDoc)No
Audit ReportsYesYes
Proposal Template LibraryYesYes
Payments through a Legal DocumentYesYes
Interactive QuotingYesYes
APIYesYes
Mobile ApplicationYesYes

PandaDoc's Unique Features

As mentioned above, PandaDoc and Proposify are both specialized for sales teams and therefore offer similar features. However, there are a few additional features that PandaDoc offers that are not found in Proposify. If these features appeal to you, then PandaDoc is likely the better option for you.

Editing Documents

PandaDoc lets you directly edit the text of your uploaded Docx files inside of the PandaDoc application. This is useful when you need to make minor edits to a document that you’ve already uploaded into PandaDoc.

PandaDoc Document Editor

Mobile Functionality

We found that PandaDoc is more powerful than Proposify in terms of their mobile apps. This is because you can sign documents and set security features for your mobile account. Proposify does not offer these features.

PandaDoc Mobile

Proposify's Unique Features

Proposify offers a few features not found in PandaDoc. If these features are important to you, then Proposify is likely the better option for you.

Document Editor Features

Both PandaDoc and Proposify have advanced document editors. However, Proposify offers more features when it comes to document design and editing. As a result it’s possible to build better looking, customized documents in Proposify.

Proposify Document Editor

As seen above, unique document editing features found in Proposify include:

  • Document navigation by page
  • A grid to optimize document layout
  • The ability to create lines and shapes on a document
  • The option to use landscape and portrait mode layouts
  • The ability to add repeating text, images and shapes on multiple pages
  • The ability to choose from 799 fonts

Signing Interface

Proposify’s signing interface includes a few more features than PandaDoc’s interface. These make it easier to navigate and share documents in Proposify. For example, you can see below that Proposify allows you to navigate documents by page, zoom in on documents, and share them through a link.

Proposify Document Signing

Bottom Line

PandaDoc and Proposify are two popular electronic signature solutions built specifically for sales teams. Both include core electronic signature software features like legally binding signatures, templates, a document editor, audit reports, flexible signing, and document storage.

The key conclusion from our analysis is that PandaDoc offers slightly more features and a more streamlined workflow. On the other hand, it’s clear that Proposify has invested more time and resources developing tools to help its customers build eye-catching proposals and quotes.

If you’re interested, visit PandaDoc or Proposify today to get started.

Amy Yang

Amy Yang is a Content Strategist at SoftwarePundit, where she conducts in-depth analyses on software markets and products. Amy has expertise in content production and managing digital and social platforms. She's an expert in customer relationship management, social media management and cloud-based softwares, and has a minor in Web Programming and Applications.

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