ABBYY FineReader vs. Concord

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ABBYY FineReader
Score 8.5 out of 10
N/A
ABBYY, headquartered in Moscow offers FineReader, a PDF editor that allows users to convert, edit, share, and collaborate on PDFs. FineReader also converts scanned documents into searchable PDF files.
$16
per month per user
Concord
Score 6.7 out of 10
Mid-Size Companies (51-1,000 employees)
Concord is a way to create, collaborate on, sign, and store agreements; designed to be the only tool needed for contracts, so users can spend less time juggling between applications, editors, and e-signature tools. The vendor states over 500,000+ companies use Concord with their contracts. With Concord, users can: Draft, negotiate, sign, and manage every contract across an organization — all in one place Work on Concord, Word, or Google…
$17
per user / month
Pricing
ABBYY FineReaderConcord
Editions & Modules
FineReader PDF Standard for Windows
$16
per month per user
FineReader PDF Corporate for Windows
$24
per month per user
FineReader PDF for Mac®
$69
per year per user
FineReader PDF Standard for Windows
$99
per year per user
FineReader PDF Corporate for Windows
$165
per year per user
Standard
$17
per user / month
Pro
$34
per user / month
Free
Free
Enterprise
Contact sales team
Offerings
Pricing Offerings
ABBYY FineReaderConcord
Free Trial
YesYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsAll inclusive pricing built for you. Concord pricing includes implementation, services, and unlimited support. All Concord plans include unlimited documents and unlimited e-signatures.
More Pricing Information
Features
ABBYY FineReaderConcord
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
ABBYY FineReader
-
Ratings
Concord
8.7
6 Ratings
5% above category average
Contract creation00 Ratings9.76 Ratings
Contract templates00 Ratings8.06 Ratings
Clause library/saved fields00 Ratings8.05 Ratings
Guided logic00 Ratings9.11 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
ABBYY FineReader
-
Ratings
Concord
9.1
6 Ratings
8% above category average
Contract sharing00 Ratings9.46 Ratings
Contract editing00 Ratings8.46 Ratings
Collaborating on contracts00 Ratings8.76 Ratings
MS Word plug-in00 Ratings8.52 Ratings
Approval process00 Ratings9.75 Ratings
Interdepartmental workflows00 Ratings9.75 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
ABBYY FineReader
-
Ratings
Concord
9.0
6 Ratings
6% above category average
Contract database00 Ratings8.76 Ratings
Contract search00 Ratings7.76 Ratings
Contract milestone reminders & alerts00 Ratings9.54 Ratings
Custom contract reports00 Ratings9.54 Ratings
Tracking contract status00 Ratings9.55 Ratings
Compliance check00 Ratings9.11 Ratings
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User Ratings
ABBYY FineReaderConcord
Likelihood to Recommend
10.0
(3 ratings)
9.3
(6 ratings)
Usability
-
(0 ratings)
9.7
(3 ratings)
Support Rating
-
(0 ratings)
7.4
(3 ratings)
User Testimonials
ABBYY FineReaderConcord
Likelihood to Recommend
ABBYY
FineReader is critical for any business that handles scanned documents or works with files that need conversion to Excel, PDF, Powerpoint or various other programs. It's ability to automatically process, read documents and suggest tables is impressive. It can take printed documents and convert all of the text to a editable format which is a huge time saver. In regards to tables it can automatically find and identify columns and separate them out for immediate use in Excel
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Concord
Concord is honestly suited for all types of organizations because the software is flexible in its application and very easy to implement. In addition, Concord offers exceptional customer service with professionals who will work with you to ensure success, whether it be through training, problem-solving, or even finding ways to engage employees to maximize the benefit of the software. Most appreciated about Concord is their willingness to listen to their users to constantly evolve with new features or added functionality based on customer feedback.
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Pros
ABBYY
  • OCR scanning
  • Refining scanned text
  • Sophisticated and flexible OCR settings/adjustments
  • High-quality editing and document comparison tools
Read full review
Concord
  • Templates are easy to create and utilize.
  • Concord has its internal e-signature tool.
  • Concord can group by template, active, in progress, etc. and color codes the same.
Read full review
Cons
ABBYY
  • A versioning system of the work done or the editions that have been saved in the files, or a tracking of changes between one version and another would be fabulous
  • An improvement that would be asked would be as previews or suggestions of the type of file that could be beneficial to use in an edition
  • The redesign of the panels is that of the analyzed document, the edition and the changes in my opinion need a resizing to have a better view of the work
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Concord
  • Make it easier to find the templates from any page
  • Improve the search function--it's sometimes difficult to find specific documents when searching
  • Change back to "limited editor" and "no editing rights" when sharing documents; the new term of "viewer" makes it seem like nothing can be edited at all
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Usability
ABBYY
No answers on this topic
Concord
Concord is extremely user friendly and saves me so much time! How else would I be able to manage all of the contracts for 9 different agencies all by myself?!?
Read full review
Support Rating
ABBYY
No answers on this topic
Concord
I gave it a five because it was the closest to a neutral response. I have not had issues with Concord and have not had a reason to contact support, so I don't have an accurate opinion here. From my conversations with our legal team, it seems they have been able to work with the support team at Concord to get any potential issues resolved in a timely manner.
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Alternatives Considered
ABBYY
While Adobe Reader can identify documents and convert them to some other various formats, it cannot process the documents to identify tables for use in Excel. We only had success by letting Adobe read a file for any identifiable text but it wasn't always accurate. FineReaders ability to handle hundreds of pages at once felt leaps and bounds above Adobe
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Concord
I would rather not compare apples and apples nor apples and oranges, and just share Concord has been an excellent Contract Management System for current organization.
Read full review
Return on Investment
ABBYY
  • ABBYY FineReader is an irreplaceable tool for preparing documents for document management systems and getting the most of them afterward
  • Great time saver in various scenarios related to work with scans and photos of documents
Read full review
Concord
  • Since our implementation, I am saving a few hours a month in managing our IC contracts.
  • When people have questions about contracts, now it's clear "Hey, look in Concord" versus "Hey, does John or Sally have this contract?".
Read full review
ScreenShots

ABBYY FineReader Screenshots

Screenshot of a display of the options: view, edit, and convert PDFs or compare different versions.Screenshot of PDF editing in FineReader, which is almost like a Word document, where users can rewrite text paragraphs, edit the content in tables, or rearrange the layout.Screenshot of the software's collaboration features, with the ablity to comment on, annotate, or mark up documents.Screenshot of PDF to Word document conversion.Screenshot of fillable fields, in a PDFScreenshot of PDF organization options, which include the ability to merge and rearrange pages, or adding Bates numbering and stamps.

Concord Screenshots

Screenshot of Using approval workflows decreases contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of Advanced reporting empowers greater insights into the data in your contracts.Screenshot of The Concord Inbox with a global search and advanced filtering makes organizing and finding documents easy, and streamlines completing contract-related tasks.Screenshot of Using approval workflows decreases contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of Online editing and redlining and a summary sheet with a discussion panel keep all conversations and changes tracked. A Word integration allows offline edits to also be tracked.Screenshot of Enable fully executed contracts with legally admissible e-signatures — at no additional cost.