Pigment

Score9 out of 10

18 Reviews and Ratings

What is Pigment?

Pigment is an enterprise-grade business planning platform that provides users with a 360° view of the business, updates its financial models in real-time, and allows users to run what-if scenarios at the click of a button. Pigment aims to enable FP&A and revenue teams to improve cross-functional collaboration, increase internal efficiency, and align financial and operational plans, all while scaling reporting and data management.

Categories & Use Cases

Long-term financial planning
3-5 year financial plan with cashflow.
Category average: 8.7
Customizable dashboards
Customizable dashboards are dashboards providing the builder some degree of control over the look and feel and display options.
Category average: 7.7
Report Versioning
Report versioning is the assignment of version numbers to each version of a report to help in tracking.
Category average: 8.3

Mobile Application
A dedicated app for iOS and/or Android.
Category average: 7.2
Minority Ownership
Consolidate financials full or partial ownership of subsidiaries, equity pick-up.
Category average: 7.3
Journal entries and reports
Ability to enter journal entry adjustments and produce reports showing all journal entries for a specific period.
Category average: 7.5

#1 most frequent

Information

37.8%

185 installations of 490

#2 most frequent

Professional, Scientific, and Technical Services

21.2%

104 installations of 490

#3 most frequent

Finance and Insurance

9.4%

46 installations of 490

Verified User

Director in Finance and Accounting (51-200 employees employees)

Use Cases and Deployment Scope

We use Pigment to do our financial planning and KPI metric measure as well as some project planning for the firm and our client projects. It's a very powerful planning and reporting solution for us.

Pros

Forecasting
Budgeting
Operational Planning
Reporting
Dashboard/KPIs

Cons

Financial Reporting
Consolidations
Workflows

Return on Investment

Better financial and operational analysis on business
Faster Budget & Forecast Process
Easier KPI and Dashboard for End-User Experience for the business

Usability

Alternatives Considered

Vena, Workday Adaptive Planning and Planful

Other Software Used

Asana, Harvest, Pipedrive

Dipak Malode View profile

Lead Software Engineer in Information Technology at SS&C Technologies (10,001+ employees employees)

Use Cases and Deployment Scope

One of the best financial and resources planning tools I have used in a decade in the industry now, we have around 25 projects across India locations, which is used for project finance planning. We have dashboard for all projects which is making it super easy to see financial data and plan for upcoming quarters, This is also helping us in the resources planing I have around four projects under my watch and using pigment is helping while planing my resources allocations.

Pros

Dashboard.
Resources planning.

Cons

Need to work on product stability, it stops working sometimes and crashes in between.
Scripting makes initial learning curve quite difficult.

Return on Investment

Improvements in resources planning hence cost.
Easy to see best performing departments or projects.
Easy financial tracking and planning.

Usability

Alternatives Considered

Anaplan

Other Software Used

Microsoft Teams, Adobe Acrobat Sign, OpenText Exstream

Mayuri Jadhav View profile

system engineer in Information Technology at John Deere (10,001+ employees employees)

Use Cases and Deployment Scope

Currently pigment is used in our organisation for resources and financial planning of all the projects we are working on, its really helping us to make things visible to stakeholders with that its improving our decision making by great dashboard capabilities and connections with different sources of data.
We have around 20 projects and teams running in org with the help of pigment its displayed on single dashboard where stakeholders are taking reports of each every person in team and takes care of there allocations, future planing for resources, financial plan for next phases and work related planing.

Pros

Help to improve operational efficiencies
Reporting with different datas is great

Cons

Its not that stable, need some improvements in stability of the product. Gets crashed sometimes
There is learning curv for script as pigment have its own logic things

Return on Investment

Its great tool and helped us to save a lot on cost side
Improved resources use hence the cost

Usability

Alternatives Considered

Anaplan

Verified User

Executive in Corporate (11-50 employees employees)

Use Cases and Deployment Scope

Pigment had very many benefits that assisted us in the completion of many of our routine reporting and controlling tasks. First, as the source for the reporting numbers, we deploy integration into other tools. In Pigment, it would have been easy to schedule updates on the reports eliminating the challenges of having to do the updates manually while populating 100% matching values. One more advantage is the access rights on the sheet: it is very sensitive and offers the functionality that basic Google Sheets do not possess. Also, the generation of various versions of the same report aids in satisfying the various demands from the stakeholders. Before proceeding, it is also necessary to describe how support in Pigment works. They are very responsive and we get quick responses to our questions and often attempts are made to fix problems quickly.

Pros

Helping organizations assess the impacts of various business decisions effectively
Seamlessly integrates with multiple data sources
Collaboration with other teams and teammates

Cons

Learning path is difficult, new users will need more time to learn about the plaform
Lacks pre-built templates like other tools
More advanced reporting features could be helpful

Return on Investment

Reduced the time our finance team spends on data preparation and consolidation
Planning capabilities have improved our decision making processes
Improved collaboration of our sales, hr and finance teams

Usability

Alternatives Considered

Anaplan and IBM Planning Analytics

Verified User

Analyst in Finance and Accounting (5001-10,000 employees employees)

Use Cases and Deployment Scope

We needed a system to help us get out of Excel and into a more user friendly interface to properly align on a long term forecast model and a more percise outlook of current operations.

Pros

Stores all data in one database
Easy to learn funcionality
User friendly interface

Cons

Ability to customize formatting to management's liking
Better integration with Excel

Return on Investment

Clear eyed view of financial performance
Scenario based changes
Data integration

Usability

Alternatives Considered

Planful

Workday Adaptive Planning

Anaplan

Planful

IBM Planning Analytics

Pigment

What is Pigment?

Categories & Use Cases

Pigment Key Features

Top Performing Features

Long-term financial planning

Customizable dashboards

Report Versioning

Areas for Improvement

Mobile Application

Minority Ownership

Journal entries and reports

Most Frequent Users

Information

Professional, Scientific, and Technical Services

Finance and Insurance

Pigment Reviews

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Alternatives Considered

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Alternatives Considered

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Alternatives Considered

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Alternatives Considered

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Alternatives Considered

Pigment Alternatives