Papermark vs Peony: An Outside Comparison
By Oleh Tsyupa, Founder of PDFTrackr · Published 2026-09-05 · Updated 2026-09-05
8 min read54.6% of recorded sessions got past page one. 33.2% stopped on page one and 12.2% rendered no page at all.
This is PDFTrackr's own corpus rather than either vendor's, because neither pricing page we read carried reading-behaviour data and inventing one for them would be worse than having none. It is the number that decides what a comparison like this is really about. Nearly half of everything a view counter would report as a read — 45.4% here — never got past the first page or never rendered a page at all, so the useful distinction between two products is not whose dashboard is prettier but whether the record separates those groups and whether it is still there when you go looking. The two groups also behave differently once you split them: the median session that stopped on page one ran 13.9 seconds against 71.4 seconds for one that went further.
Based on 3,745 recorded sessions across 247 documents and 277 share links, 22 Sep 2025 – 25 Aug 2026, extracted 26 Aug 2026 — multi-page documents only, because a one-page document has no second page to get to. That restriction drops 153 sessions from the 3,898 recorded: 83 on one-page documents, and 70 more whose document has no page count on record — the second group is dropped because its page count is unknown, not because it is one. Every recorded session inside the restriction is counted, including the automated ones, so that the group which renders no page at all stays visible. Figures are medians, not averages.
If you are comparing these two because one document needs sending this week, create a free tracked link and read your own session back before you commit to anything — or open the live demo on sample data first. The rest of this page is the comparison.
What actually decides it: three published questions
These two are close enough that a feature-list comparison will not separate them. Both publish a plan that costs nothing, both put page-by-page reading on it, and both keep 30 days of analytics history there. The questions that decide it are narrower, and each is answered here only as far as our dated reads go.
Does the document need something done to it, or only measured? If a reader has to sign, Peony publishes 3 e-signatures per month, free; we hold no dated read of Papermark's position either way. Does the reading data have to stay on your own infrastructure? Papermark is open source; we hold no dated read of Peony's position either way. And what does the record look like in six weeks? Both free tiers are thirty-day windows, which is short for anything that keeps being read after the week you sent it.
Everything else — which viewer feels nicer, whose analytics go deeper — is either taste or an assertion nobody outside those companies can verify, and this page makes none. That both publish page-level reading is worth saying plainly, though: it makes page-level reading table stakes here rather than a tiebreak.
Where Peony wins: signing, live notifications, and where the security tier sits
Peony's free plan is the more generous of the two on what it lets a reader do rather than on volume. Here is the tier card, transcribed rather than summarised:
“Free $0 /admin/month Personal shares, CVs, trying it out … Key features: Up to 50 documents Page-by-page analytics … Unlimited visitors Password protection … Email capture … 3 e-signatures per month”— Peony's own pricing page, read from the raw page on 12 Aug 2026
The first win is signing. 3 e-signatures per month, free — a signature is a different job from a view count, and one link doing both saves a round trip. The other two headline cells on that card are not a tiebreak: Papermark's own pricing page puts page by page analytics on every plan, the free plan included and unlimited visitors there too. Unlimited visitors
is Peony's own phrase and it means readers rather than links: its published position on links is tracked links included with no published cap (documents are capped at 50), which is not the same claim as unlimited links and should not be repeated as one.
The second win is timing. Its real-time visit notifications are included on every tier, Free first. PDFTrackr puts real-time open alerts behind Pro and gives free senders a daily digest, so on this row we lose to Peony outright and there is no way to read the tiers that makes us look better.
The third is where its security controls sit, and it is the kind of detail a tier-card comparison gets wrong. Allow and block lists, email authentication, download prevention and a simple NDA are on Business ($30/admin/month), not the $52 Data Room — that is, the cheapest of its four paid tiers, not the data-room tier above it. A reader who assumed those were data-room features would budget $52/admin/month billed annually when $30/admin/month billed annually is the row they actually need.
Where Papermark wins: code you can host, and more kinds of file
Papermark is open source, and that is a genuine advantage rather than a marketing line. A team that cannot put reading data on somebody else's server can read the code before trusting it and run a deployment of its own — PDFTrackr is hosted only and offers nothing like it at any price. We hold no dated read of its licence terms, so treat the licensing detail as something to check.
Its second win is breadth of input: the free tier takes PDF, Notion pages, images and spreadsheets, with Word documents, videos and presentations on Pro. If what you send is not a PDF that matters immediately, and it is a straightforward loss for PDFTrackr, which takes PDFs and nothing else, on purpose.
The free plan has a shape, though, and the shape is the part people discover late. Beyond the 30 days of retention, the vendor's own plan-comparison grid carries a row headed Unlimited view history
whose entry paid column reads up to 1,000 last views; the Business and Data Rooms columns of that same row read unlimited. Those are ceilings on the RECORD rather than on the sending, which is a different kind of limit from a document cap and a much easier one to hit without noticing. Paid starts at €29/month billed monthly (€24/month billed annually).
One thing its free plan does that is worth knowing if you live in an inbox: an email each time a document is viewed. That is a frequency, not a latency — the pages we read never use the words real-time, instant or immediately about that setting, and we are not going to add them.
The three side by side, on what each one publishes
Every competitor cell below is a published figure with a fetch date. Papermark prices in euros and Peony in dollars, and nothing here is converted, so the two paid columns are not directly comparable.
| PDFTrackr | Papermark | Peony | |
|---|---|---|---|
| Analytics retention on the free tier | 365 days · 730 on Pro | 30 days | 30 days |
| How much view history the record keeps | Every view kept, no cap, on either tier | up to 20 last views on Free, up to 1,000 last views on Pro, unlimited on Business and Data Rooms | Not established by a dated source we hold |
| Automated opens excluded from the counts | Included at no cost — corporate mail-security scanners and link previewers are classified at session close and kept out of the counts, and the dashboard shows what the filter removed | Not published on the pages we read | Not published on the pages we read |
| E-signature | None at any tier | Not established by a dated source we hold | 3 e-signatures per month, free |
| Notification timing on the free tier | A daily digest of the day's opens; real-time alerts are Pro | an email each time a document is viewed | Real-time visit notifications included on every tier, Free first |
| What the free tier accepts | PDF only — that is the whole product | PDF, Notion pages, images and spreadsheets | up to 50 documents, page-by-page analytics, unlimited visitors |
| Self-hosting | No — hosted only | Yes — open source (we hold no dated read of its licence terms) | Not established by a dated source we hold |
| Where allow/block lists and email verification sit | Pro, at $9/mo — verified viewer emails by one-time code, with allow and block lists | Not established by a dated source we hold | Business ($30/admin/month), not the $52 Data Room |
| Virus scan on every upload | Included at no cost | Not published on the pages we read | Not published on the pages we read |
| Cheapest published paid tier | $9/mo · $84/yr, one flat account | €29/month billed monthly (€24/month billed annually) | $30/admin/month billed annually |
Two wordings in that table are doing careful work. Not published on the pages we read
records what a document did not contain on the day we opened it. Not established by a dated source we hold
is weaker still: it means our fact layer has nothing on that row in either direction. Neither is a claim that a vendor lacks the capability, and a comparison that quietly turns the first into the second is how these pages get things wrong.
Where PDFTrackr fits, and where it does not
PDFTrackr belongs here for one job and not the others. If the question is whether a document was read and how far, all three answer it, and PDFTrackr wins on what the answer costs and how long it lasts: page-by-page reading, viewer identification by email, 365 days of history and every view kept, on a plan with no card. Retention decides more arguments than depth does — a thirty-day window means a proposal sent in March is unanswerable in May.
The second thing it wins is the row neither of the other two published anything about. Automated opens are classified when the session closes and kept out of the counts, and the dashboard shows what the filter removed rather than quietly shrinking the number. How much that matters to your own documents is measured on our page on the difference between an open, a click and a read.
Where it does not fit: no e-signature at any tier, no self-hosting, PDFs only, and no data room — one file per share link, so a bundle of documents is several links with several sets of numbers. If any of those is the requirement, buy one of the other two rather than working around us. And if the real question is a different pairing, DocSend versus Papermark takes that one apart the same way, while the best free PDF tracking tools compares the whole free field rather than two of it.
When Pro becomes the right choice
Free is not a teaser here. Page-by-page reading, the automated-open filter, viewer identification and twelve months of history are all on the plan that costs nothing, and they are the same data rather than a preview of it — which is the opposite of the shape both thirty-day windows have.
Upgrade at the point where the sending becomes a routine rather than an event. Once you are pasting a personalised link per person by hand, bulk personalised links generate one each in a single pass and the record carries a name instead of an inference. Once the same reader starts coming back and the timing is the signal, the return-visit alert tells you the hour it happens rather than the next morning — that is also the row where Peony beats our free tier, so it is a fair thing to weigh. And once you pass fifty files or fifty active links, the flat account removes the ceiling. Look at the demo dashboard before deciding, or create a free account and read one of your own documents back.
Frequently asked questions
Which is better, Papermark or Peony?
Neither, in the abstract. Peony's free plan lists 3 e-signatures per month, free, and its real-time visit notifications are included on every tier, Free first. Papermark is open source and can be self-hosted, and its free tier takes PDF, Notion pages, images and spreadsheets. We hold no dated read of Papermark's position on e-signature, or of Peony's on self-hosting, in either direction. On retention the two are level: both publish 30 days on the free tier. Pick the one whose published answer matches the job, because the overlap is large enough that nothing else will separate them.
Are both free plans really free, or are they trials?
Both are plans rather than trials — each vendor publishes a permanent tier at no cost with page-by-page analytics on it, which is unusual in this category: DocSend and Digify both publish none. Read the ceilings rather than the price, though. Peony's free card lists up to 50 documents, page-by-page analytics, unlimited visitors, with tracked links included with no published cap (documents are capped at 50). Papermark's free tier accepts PDF, Notion pages, images and spreadsheets and keeps 30 days of analytics. The limit that surprises people is not the document count, it is the retention window.
What happens to my reading history after 30 days on either of them?
Both vendors publish a 30-day analytics retention window on their free tier, so the honest answer is that this page cannot tell you what remains afterwards — neither pricing page we read says. It is the single most consequential row in the comparison and the one buyers skip, because a document sent in March being unanswerable in May is not obvious on the day you sign up. PDFTrackr keeps 365 days on its free plan and 730 on Pro, with every view kept rather than the most recent handful; that is the row we would compare on if we were buying.
Do either of them filter out bots and email scanners?
Nothing on the pages we read says so, in either direction, so this page does not claim they do or that they do not. What we can say is what PDFTrackr does: automated opens — corporate mail-security scanners that follow a link before the recipient sees it, chat and preview services fetching it to build a card — are classified at session close and excluded from the view counts, and the dashboard shows what the filter removed rather than silently shrinking the number. It costs nothing and it is on by default. Whether it matters depends on who you send to: scanned inboxes are common in enterprise and rare in a founder's.
Can PDFTrackr replace either of them?
For one PDF and one question — was it read, and how far — yes, on a plan that costs nothing and with twelve times the retention either of them publishes there. For anything else, no, and the gaps are structural rather than paywalled: no e-signature at any tier, no self-hosting, no data room, and PDFs only. Paying more does not remove any of those. If your job needs a signature on the same link, buy Peony; if it needs to run on your own servers, buy Papermark.
Sources
- Peony — Pricing: the Free tier card (documents, page-by-page analytics, unlimited visitors, email capture, e-signatures), the 30-day retention figure, the Business and Data Room prices, and the tier the allow/block and email-authentication controls sit on, read from the raw page (accessed 2026-08-12)
- Peony — Pricing: the tracked-link position on the free tier, read in a browser (the page publishes no cap on tracked links and caps documents at 50) (accessed 2026-08-14)
- Papermark — Pricing: the free tier's analytics-retention figure, the Compare-plans grid row headed 'Unlimited view history' with its Pro, Business and Data Rooms columns, and the Pro price in both billing periods, read in a browser (accessed 2026-08-14)
- Papermark — Help, link settings and file types: what the free plan's link controls carry and which formats each tier accepts, read from the raw page (accessed 2026-08-18)
- PDFTrackr — the free plan's limits, the retention windows and the Pro price, published on the site's own pricing surface (accessed 2026-09-05)
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Oleh Tsyupa
Founder, PDFTrackr
Has analysed over 3,000 tracked document-viewing sessions on PDFTrackr.