Side-by-side comparison
DocuSign is an e-signature tool. Peony is a complete virtual data room that includes e-signatures plus everything else you need to share, track, and protect documents.
Peony
DocuSignWhy teams switch from DocuSign to Peony
DocuSign is a solid e-signature tool. But modern teams need more than just signing — they need a secure platform to share, track, and discuss documents.
Document analytics
DocuSign tells you when a document is signed. Peony tells you which pages were read, how long each viewer spent, and what they focused on — page by page.
Advanced security
Screenshot protection, dynamic watermarks, NDA gating, 2FA, and link expiry are all built into Peony. DocuSign focuses on signature security, not document security.
AI document chat
Peony lets recipients chat with your documents and get instant answers 24/7. DocuSign has no document intelligence or AI features for shared files.
Better value
Peony replaces DocuSign, your data room, and your document tracking tool — all in one platform with a free plan. Stop paying for three separate subscriptions.
Pricing comparison
Peony gives you e-signatures, data rooms, analytics, and AI document chat — all at a lower price than DocuSign alone.
Peony
Free
$0
2 GB storage
Pro
$20/admin/mo
200 GB storage
Business
$40/admin/mo
1 TB storage
E-signatures, data rooms, analytics, AI chat, and security included on all plans.
DocuSign
Personal
$10/user/mo
E-signatures only
Standard
$25/user/mo
E-signatures only
Business Pro
$40/user/mo
E-signatures only
No data rooms, no page analytics, no screenshot protection, no AI features.
When to use each platform
DocuSign excels at high-volume e-signature workflows. Peony is the better choice when you need document sharing, security, and analytics alongside signing.
Choose DocuSign when you need
High-volume e-signature workflows (thousands of envelopes per month)
Deep CRM integrations (Salesforce, HubSpot) for automated signing
Enterprise contract lifecycle management (CLM)
Only e-signatures — no data room or analytics needed
Choose Peony when you need
A secure data room for fundraising, M&A, or due diligence
Page-by-page analytics to see what investors and partners actually read
Document security: screenshot protection, watermarks, NDA gating, link expiry
AI document chat so recipients get answers instantly
E-signatures and document sharing in a single platform
A free tier to get started without a credit card
What Peony gives you that DocuSign does not
Share documents securely in organized data rooms
DocuSign sends individual documents for signing. Peony lets you organize all your documents into branded data rooms with granular access controls — perfect for fundraising, M&A, and due diligence.
Know exactly what your recipients read
DocuSign tracks whether a document was signed. Peony tracks every page view, time spent, scroll depth, and visitor detail. See which sections of your pitch deck investors care about most.
Protect documents beyond just the signature
DocuSign secures the signing process. Peony secures the entire document lifecycle — from the moment you share a file to the moment access expires. Screenshot protection, watermarks, password protection, 2FA, and NDA gating are all included.
Screenshot protection
Block screen captures of sensitive documents. DocuSign has no equivalent — once a document is viewed, it can be screenshotted freely.
Dynamic watermarks
Every page stamped with the viewer's identity and timestamp. If a document leaks, you know exactly who shared it.
NDA-gated access
Require viewers to sign an NDA before accessing documents. Built-in e-signatures make it seamless — no separate tool needed.
"We'd been searching for a solution like Peony for ages, and it has completely transformed our workflows. What used to take hours every week is now effortless — Peony saves us so much time that we were finally able to move away from Dropbox Sign."
Akash Ghavalkar
Co-founder & COO, Third Space
Frequently asked questions
Is Peony a good alternative to DocuSign?
Yes. Peony includes built-in e-signatures plus full data rooms, page-by-page analytics, screenshot protection, dynamic watermarks, NDA gating, and AI document chat. DocuSign only handles e-signatures — you need separate tools for everything else. Peony includes a free plan ($0).
How does Peony pricing compare to DocuSign?
Peony starts free ($0) with 2 GB of storage and includes e-signatures on every plan. The Pro plan is $20 per admin per month (200 GB) and Business is $40 per admin per month (1 TB). DocuSign starts at $10 per user per month for e-signatures only, with no data rooms, analytics, or AI features at any price.
Does Peony have e-signatures like DocuSign?
Yes. Peony has built-in e-signatures that let you collect NDA signatures, LOIs, and closing documents without leaving the platform. Unlike DocuSign, Peony also provides data rooms, page-level analytics, screenshot protection, and AI document chat alongside signing.
Can Peony replace DocuSign for deal workflows?
Yes. Peony combines e-signatures with secure data rooms, making it ideal for fundraising, M&A, and due diligence workflows. Instead of paying for DocuSign plus a separate data room, Peony gives you both in a single platform with a free tier and setup in under 5 minutes. Peony also includes Smart Q&A — a structured 4-step workflow where counterparties submit questions, AI drafts answers from your documents, your team reviews, and approved responses are published.
Does Peony have data rooms that DocuSign lacks?
Yes. Peony provides unlimited, fully structured data rooms with folder organization, granular permissions, and branded viewer experiences. DocuSign has no data room functionality — it is designed purely for sending documents for signature.
What security features does Peony have that DocuSign does not?
Peony includes screenshot protection, dynamic watermarks, NDA gating, password protection, two-factor authentication, link expiry controls, and controlled redaction that lets teams black out sensitive information before sharing. DocuSign focuses on signature security but does not protect documents from being screenshotted, forwarded, or accessed after a deal closes. Peony also encrypts data with AES-256 at rest and TLS 1.3 in transit, with SOC 2 Type II compliance on every plan.
Does Peony have AI features?
Yes. Peony includes AI document chat on all plans, letting recipients ask questions about your data room documents and get instant, accurate answers. Peony also provides auto-indexing that automatically classifies documents, applies OCR, and enables full-text search across your data room. DocuSign has no AI document intelligence — recipients must read every document manually.
Can I migrate from DocuSign to Peony?
Yes. Peony can be set up in under 5 minutes. Upload your documents, create data rooms, configure security settings, and share links — all self-serve. Most teams use Peony alongside or as a replacement for DocuSign, consolidating e-signatures and document sharing into one platform.