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Implementierung CLM-Systeme

5 Alternative Solutions to Pandadoc for Contracts in 2024

Although PandaDoc is well-known offering software, it is not the only software available. There are several PandaDoc alternatives, which should be considered in the area of eSignature and Contract Management.

It would take hours to thoroughly evaluate every single piece of software. So we've listed the top 5 PandaDoc alternatives to help you choose the software that best suits your team and provides the features you need.

What is PandaDoc?

With advanced features that make it easy to create, track, and execute offers, estimates, contracts, e-signatures, and other important business transaction documents, PandaDoc has become the document management software of choice for thousands of users, including some well-known names, since its inception in 2013.

Shortcomings of PandaDoc:

  • Once a document has been sent, it can no longer be changed, so any errors remain on the suggestion.
  • It is not possible to negotiate within the platform; instead, the documents must be downloaded as .docx files and uploaded again after the negotiation.
  • Pandadoc lacks metadata, which makes it difficult to extract accurate information and can lead to errors.
  • There are no conditional paragraphs or process logics.
  • Users often report that some suggestions end up in spam emails, which lengthens the process of signing documents.

The 5 Best PandaDoc Alternatives for Contract Management

Here are some of the best alternatives to look at if you're interested in PandaDoc's features but aren't entirely convinced by its services.  

1. top.legal

top.legal digitizes the entire contract process. This enables you and your teams from the legal, sales, and HR departments to reach agreements with contractual partners faster and with greater negotiating power.

Key features:

  • Collaborate and negotiate without leaving the browser: Edit documents using tags, add internal and external comments, and have real-time chats with the other party about contract terms.
  • Intelligent variables, parameters and a ready-made clause library: Facilitate the rapid preparation of an error-free contract document using a predefined set of contract clauses and templates.
  • Designed to support and empower legal and sales departments: The Legal and sales teams can enable their teams to create and manage contracts independently without losing control.
  • Advanced search tools: Make it easier to find data quickly. In addition, the documents can be edited if necessary.
  • There is no additional fee for an electronic signature: This important feature is already included without having to buy additional licenses. Plus, you can use it anytime and on any device!
  • Suitable for: Companies of all sizes
  • Pricing: Starts at €100 per user per month. You can choose between a standard, negotiation, or manager account. A free demo is available.
Read this article, to find out more about the comparison between top.legal and PandaDoc.

2. Contractbook

Contractbook creates a uniform workflow for a platform for the entire contract life cycle. The system works with all parties involved on a single platform and negotiates the best possible contracts.

Key features:

  • Flawless contract agreement: With the help of contract templates, you can create an error-free contract in a very short time.
  • Store old and new documents securely in the cloud: It's easy to manage, access, and archive your legal documents in a GDPR.
  • Enable automatic notifications: With this function, you can keep track of your obligations.
  • Easier access to contracts: Create special folders—or automatically move them to Google Drive after signing.
  • Suitable for: medium and large companies
  • The prices: Starts at $97 a month. Contractbook also offers a 1-user free trial with limited access.

3. DocuSign

Electronic signature technology was made available to the public for the first time by DocuSign. The company set off in 2003. Following the acquisition of SpringCM, a contract lifecycle management (CLM) company, the company is now expanding its service functions.

Key features:

  • Edit documents electronically:  Contracts or agreements can be changed without having to print them out and sign them by hand, which would otherwise disrupt the document workflow.
    PDF conversion: DocuSign automatically recognizes it and converts the fields into signature fields. This process saves a lot of time when preparing documents for signature.
  • Template management: DocuSign has a large content library. There are plenty of reusable templates available.
  • Suitable for: Medium and large companies 
  • Pricing: The regular plan costs $25 per month per user and an average of $300 per year. The range of services varies depending on the pricing plan.

4. Formstack

With Formstack Documents, you can create personalized documents and deliver them anywhere. The “Documents” feature is adaptable enough to meet your company's needs — from offers and applications to invoices and tickets.

Key features:

  • Create documents with ease: Upload your Word, Excel, or PowerPoint files and use your favorite cloud apps to dynamically fill them with information.
  • Work easily across teams: Automate many different types of documents. Streamline document and eSignature workflows across your organization.
  • Advanced data forwarding: Easily create multiple documents from a single data feed, or use advanced data routing to combine files.
  • Encrypting data: All information and documents are encrypted using 256-bit encryption at rest and TLS encryption during transmission.
  • Suitable for: Medium and large companies
  • Pricing: Easy document creation costs from $110 per month for two users; offers a free trial.

5. Better Proposals

The goal of Better Proposals was to remove the frustration associated with writing offers. With a combination of pre-built templates and the ability to easily customize content, it allows sales reps to create and manage offers in a relatively straightforward way.

Key features:

  • Design and send expertly written offers in minutes: Lots of customizable templates help you get started right away. You can also create your own template from scratch.
  • Payment, CRM, and live chat integrations: This feature makes communication with customers much more convenient and efficient.  
  •  Instant notification: Each time your proposal is opened, forwarded, printed, or signed, you can receive an email notification.
  •  Organize your sales pipeline: You and your team are able to closely track the status of the deal, determine whether or not your document was signed, and more.
  • Suitable for: freelancers and medium-sized companies
  • Pricing: The paid plan starts at $19 a month, but this is an ideal option for freelancers and individuals. Users also get a free trial of the starter plan.

Conclusion

Choosing contract management software can be difficult given the wide range of options available. There is nothing to worry about though. Before you choose a software, it is always a good idea to select a few providers such as top.legal to test.

You can choose the contract solution that's best for your business once you know how the different features differ from one another.

Book a FREE demo to learn more about the features of our contract management software.

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