As a HubSpot customer, you’ve probably evaluated the best contract/payment resource systems for your business several times. With so many options out there, finding the one that’s right for your business can be daunting and time-consuming.
To make your decision a little easier, here are the three most popular platforms, their features, cost and what they’re great at.
HubSpot’s newest feature, HubSpot Payments, is built natively into the HubSpot CRM platform. Having a CRM-powered payments system allows you to connect your commerce data with your customer data. It enables companies to accept payments in less time and with fewer tools. U.S.-based HubSpot customers with Starter or up can use this tool, although HubSpot is hoping to expand this access soon.
HubSpot Payment Features
The payment tool lives inside your CRM — no clunky integrations or additional code-writing
Combines your commerce data with your customer data
Streamlined buying experience allows buyers to order and pay in just a few clicks using their preferred payment method
Buy and pay directly from your website, an email, or even a chat session. More ways to collect revenue means more opportunities to grow it.
Quote template branding and quotes can be pre-filled based on HubSpot data
Because it’s a native solution, you can leverage HubSpot fields and products once custom templates are created
Set up recurring payments
HubSpot Payments Cost
With payments, there are no monthly fees, minimums or commitments. Beta pricing is as follows: for ACH transactions, transactions are free with a low transaction fee applying to monthly ACH volume over $50,000. For card transactions, a 2.9% fee is applied.
Who Should Use HubSpot Payments
U.S. HubSpot users - it is only available to U.S. customers with Starter and up currently, with plans to expand this globally in the future
Companies looking to streamline their quoting and payment processes
Companies that sell recurring subscriptions and/or memberships
PandaDoc helps users create proposals, quotes, documents, contracts and more. It’s a cloud-based service mostly used by sales and marketing teams.
Integrates with HubSpot
Creates legally binding and enforceable electronic signatures
Custom branding, templates and analytics
Customers can sign contracts or payments from anywhere
Document automation solutions
Track views and changes made to a document
Contract lifecycle management
A free account includes unlimited legally binding eSignatures, unlimited document uploads, payments and mobile app. Plans that include custom editing, templates and analytics starting at $19/month/user.
Who Should Use PandaDoc
DocuSign is a reliable way to electronically sign documents and agreements on any device from almost anywhere in the world.
Integration with HubSpot allows for iframe experience creating from templates
Upload any document to complete, sign and return
Signatures are legally binding
Contract lifecycle management
Automate manual contract processes
Customized branding is available for paid users
DocuSign is free, but if you need to send more than three documents, you have to upgrade your plan, which starts at $10/month/user.
Who Should Use DocuSign
Which Document/Payment Solution is Best?
If you are already a HubSpot user and you’re looking to streamline your payment or contract processes, we recommend looking into HubSpot Payments. Not only does it integrate with a solution you may already have, but it gives you easy access to track documents, customize branding and pre-fill data you’ve already collected — saving you time and money. To get started, simply navigate to your Settings, and click Payments. You will be notified in one to two business days when your account has been approved.
By: Megan Combs
With a background in magazine journalism, Megan channels her love of the English language and grammar into her writing and editing. Before joining Lynton, Megan was a top content marketer at a digital marketing agency, where she helped clients translate their brand promises into strategic digital and social media messages.