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Business documents benchmarks report

Curious to see how your business stacks up against the competition? The best way to start that evaluation is by measuring the efficiency of your entire document process — from creation to completion.

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See how your team and your documents stack up against PandaDoc users

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Gain insight into the efficiency of your business documents and workflows by filling the form below. No credit card or PandaDoc account required.

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Your report will include metrics calculated for companies matching the criteria you've selected below.

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What is PandaDoc’s business documents benchmark report?

In order to effectively measure the efficiency of your document workflow, you’ll need some reliable industry benchmarks to compare it to.

That’s where we come in.

We’ve analyzed data from 27,000+ PandaDoc customers across 9 key document efficiency metrics for you to measure your efficiency against.

Having insight into what’s happening within your document workflow is important, but knowing why it’s happening is even more powerful. When you request a personalized business documents benchmark report, you’ll be able to identify your “why”, make adjustments, and supercharge your efficiency.

Want to learn more while waiting for your report? Then check out our blog post, “Are you more productive than a Panda?”.

Frequently asked questions

How can I leverage the report for my business?

Use the findings of your personalized business documents benchmarks report to identify areas of improvement within your own document creation and management processes to reach parity with industry standards.

What’s included in the calculation?

The following metrics are included: Create to send time, send to close time, close rate, rejection rate, average deal value, template use rate, CRM integration use rate, expired documents, and view to close time.

How often are the report metrics updated?

Our metrics are updated weekly to ensure that your report contains the most up to date information.

What are these metrics?

The metrics in your report represent current PandaDoc customers from 31 industries with 6 different company sizes, but the data you receive will be from a customer with company size and industry similar to yours based on the information you provided within the form.

Why are there 2 numbers in the report??

To picture you the full story we added in the report two data ranges. The first number will show industry-standard metric* associated with an industry and company size that you selected via filling the form. The second number will represent the top benchmark metric* based on the top PandaDoc users within your criteria.

What are the 4 values?

We’ve organized the benchmarks into four critical value groups to help you identify the areas of your business that could benefit from increased efficiency.

Speed: compare your document create-to-send time and send-to-close time to that of a PandaDoc customer.

Workflow: explore the benefits of creating docs from ready-made templates and populating them with accurate CRM data.

Experience: see how your close rate, rejection rate, and average deal value stacks up to the competition.

Insights: learn your time to close rate and how to quantify the percentage of expired documents.

Question or comments?

Contact the PandaDoc Team at marketing@pandadoc.com.

PandaDoc is an all-in-one document automation solution with advanced workflow capabilities, simple to implement, and easy for teams of all sizes to use.

Interested in a product demonstration? Click here to see how PandaDoc can take your document efficiency to the next level.

Disclaimer

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