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Pigment

Score9 out of 10

18 Reviews and Ratings

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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.

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Categories & Use Cases

Pigment Key Features

Learn about the best (and worst!) features Pigment has to offer, as determined by TrustRadius' reviewers.
Based on 18 ratings of Pigment's features
View all Pigment features

Top Performing Features

  • 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

Areas for Improvement

  • 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

Who Buys & Uses Pigment

Pigment Reviews

What users are saying about Pigment.
View all Pigment reviews

Perfect Pigment for Planning

Incentivized
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

Great financial and resources planning tools.

Incentivized
Dipak MalodeView 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

Helps to unlock new and better understanding of business finance and resources use

Incentivized
Mayuri JadhavView 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

100% recommended but also looking forward to what else is coming!

Incentivized
Loli Pulleiro SuárezView profile
Financial Analyst in Finance and Accounting at Uberall (201-500 employees employees)

Use Cases and Deployment Scope

I use Pigment for reporting, bugdeting, forecasting…
It gives us more agility to analyse and refresh our boards

Pros

  • It is fast refreshing information
  • Nice charts and boards
  • Good to track the information from scratch

Cons

  • More charts and format options
  • Easy to know why a formula is failing

Return on Investment

  • Capacity to anticipate better (forecasting accuracy improved)
  • Single source of truth for internal and external financial KPIs
  • Agility to compare scenarios and making decisions based on that

Other Software Used

Salesforce CMS, Tableau Server, NetSuite ERP

Powerful tool for analysis and reporting

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

Pigment Alternatives

Products similar to Pigment that may also meet your needs.
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