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Concord VS Sumsub

Compare Concord VS Sumsub and see what are their differences

CobbleStone Software
Managing contracts just got easier with CobbleStone! featured
Contents:
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  2. » Videos
  3. » Reviews
  4. » Alternatives

Concord logo Concord

Contract Management Software and unlimited Electronic Signatures. Reduce costs, maximize compliance & mitigate risk. Enterprise solutions available.

Sumsub logo Sumsub

One verification platform to secure the whole user journey
  • Concord Landing page
    Landing page //
    2023-07-10
  • Sumsub Landing page
    Landing page //
    2022-10-30

Sumsub is the one verification platform that secures every step of the user journey. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs and protect your business.

Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average.

Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin).

Concord videos

+ Add

2018 JORDAN 11 CONCORD REVIEW AND ON FOOT IN 4K !!!

More videos:

  • Review - Will Fitzhugh Discusses The Concord Review
  • Review - Air Jordan 11 Concord 2018 Review, Unboxing & On Feet

Sumsub videos

+ Add

How Sumsub KYC works

More videos:

  • Demo - Full-cycle business verification (KYB)
  • Review - The most flexible transaction monitoring solution (KYT)

Category Popularity

0-100% (relative to Concord and Sumsub)

Concord

Sumsub

Document Automation
100 100%
Document Automation
0% 0
Identity Verification And Protection
0 0%
Identity Verification And Protection
100% 100
Contract Management
100 100%
Contract Management
0% 0
Identity Verification
0 0%
Identity Verification
100% 100

User comments

Share your experience with using Concord and Sumsub. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Concord and Sumsub

Concord Reviews

12 Best Contract Management Software 2022
Are you wondering how to manage large businesses’ relationships? Well, Concord is the solution you seek. Highly ranked companies use this contract management tool since it offers unlimited contracts, e-signatures, users, and several documents. Bulk uploads are also allowed hence securing all your business information in a single database.
Source: www.recruiterslineup.com
10 best free electronic signature apps to eSign PDF
Like other e-signature apps, you can use Concord for several use cases, including Sales, Legal, Procurement, and HR. The app offers nice features like template building, real-time editing, and approval workflows. Is there a catch? Concord is pricey.
Source: www.pocket-lint.com
Alternative products to HelloSign
ConcordFree e-signature, collaboration & contract managementWeb AppLegalTech413RecommendationsPillow JohnThis is what I've been using for years!Pillow JohnThis is what I've been using for years!Robin SinghviMy wife who is a filmmaker used this for getting NDAs and consent signatures from all her vendors and participants. SUPER easy to use, robust features and feature-rich,...
Source: www.producthunt.com

Sumsub Reviews

  1. Hands down one of the best experiences with document verification. I have to go through this kind of checks on a weekly basis and sumsub is relatively fast and has a smooth interface that guides you through the whole process. Solid 5/7

    👍 Pros:    Super fast
Discover the Top 5 Identity Verification Providers in 2023
When it comes to capabilities, flexibility is a key selling point as it empowers organizations to align the identity verification service with their unique workflows, compliance needs, and risk appetite. Different vendors provide different levels of customizations, with ComplyCube and SumSub offering the most flexible and granular options in their respective online portals.
Source: www.techtimes.com

Social recommendations and mentions

Based on our record, Sumsub seems to be more popular. It has been mentiond 8 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Concord mentions (0)

We have not tracked any mentions of Concord yet. Tracking of Concord recommendations started around Mar 2021.

Sumsub mentions (8)

  • Haru Invest referral code: 🚀💰 'HELLO' (March 2023)
    After that you must complete secure KYC process (done via the SumSub company). Source: over 1 year ago
  • Binance p2p
    I didnt recieve my crypto from the p2p Transfer and its asking for me to do verification from sumsub.com. I have no idea what this website is but I filled out the verification and it says they are partnered with Binance. Source: over 1 year ago
  • Community discussion about Spectrum Finance $SPF token in this thread December 9th, 6 pm UTC — Please join!
    KYC and data storage could be done by a trusted third-party service called Sum and Substance. Source: over 1 year ago
  • Level 2 verification - document not approved / CS not replying
    It might be required to present proof of address for KYC, which you can learn more about here. The KYC procedure is handled by our partners at sumsub.com and they are the ones checking the validity of the document. Source: almost 2 years ago
  • Is there a way to verify my account with non-english IDs/ PoA?
    Updated the link with the source. Hope it helps. https://sumsub.com/. Source: about 2 years ago
View more

What are some alternatives?

When comparing Concord and Sumsub, you can also consider the following products

Conga Contracts - Conga Contracts is management solution designed to accelerate and simplify contract negotiations in Salesforce.

ComplyCube - Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance.

PandaDoc - Boost your revenue with PandaDoc. A document automation tool that delivers higher close rates and shorter sales cycles. We've helped over 30,000+ companies.

Onfido - Onfido is the data-driven platform for intelligent background checking.

ContractWorks - ContractWorks provides secure and easy-to-use contract management software that helps you gain control of your contracts.

Veriff - Smart and scalable identity verification.

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