TaxDome is an all-in-one practice management platform for tax and accounting firms. An important part of our product suite are unlimited legally binding e-signatures with KBA. Because this part of TaxDome directly competes with other e-signature solutions, we are often asked ‘How does TaxDome compare with DocuSign?’ We will go over this below.
Standard Usage Limits
Price per KBA envelope
Legally binding & secure
Standard data fields (signature, date, initials, additional text)
White-label client portal
Integrated with tax software
Integrated with CRM & Document Management System
Unlimited free support and training sessions
TaxDome Lite CA$300 subscription + CA$300 for 300 KBA envelopes = CA$600 per year.
DocuSign CA$300 subscription + CA$600 for 400 extra signature envelopes + CA$900 for 300 KBA envelopes = CA$1,800.
DocuSign eSignature is strictly an electronic signature tool. They do one thing only and they do it well. DocuSign requires the use of third-party software (e.g. Dropbox or SmartVault) to store and share documents, making the process more time-consuming and complicated than it needs to be.
If you plan to use it in your practice there is one problem — running a tax or accounting practice takes a lot more than just e-signing docs. DocuSign simply doesn’t do the other 95%. For that, you will need a number of other tools to run the practice — a workflow system, website, billing and payments, secure messaging, shared inbox, mass mail, and so on. All these things are not optional — you have to perform these functions. The only question is whether you’ll be using one tool or 20.
TaxDome was built from the ground up to be the one system you use to run your practice. It includes all these features in one package, with information seamlessly integrated across all business functions.
DocuSign can be thought of as a great flat head screwdriver while TaxDome is a professional screwdriver set.
TaxDome has 2 price plans — TaxDome Lite for solo proprietors, CA$25 per month that includes a client portal, secure document storage, e-signatures; and TaxDome Pro — CA$50 per month per user that includes all of the Lite features plus automation, website hosting and more.
On either plan, TaxDome offers unlimited e-signatures with KBA CA$1 per verification.
DocuSign has a number of plans — for individuals, businesses and enterprises, with a set of features changing from plan to plan — the more features you need, the higher the price. The cheapest plan costs CA$25 per month and includes 100 signature envelopes per year. It’s proven impossible to find out exactly what additional envelopes cost but we’ve seen range between CA$1 and CA$2 per signature. KBA costs CA$3 per verification.
If the only point of touch between you and your client is an e-signature, DocuSign is an awesome tool. It is a well known brand for electronic signatures and is a high quality product too.
If your business involves multiple client touch points - such as exchanging and approving documents, sending invoices and getting paid, setting up automatic workflows and so on - you will need other software solutions to fulfill them. And that is where TaxDome shines - it is an all-in-one tool that does everything under one roof.