Forecastr vs. Pigment

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Forecastr
Score 10.0 out of 10
N/A
Forecastr gives startup founders a financial model that can be use to get funded. It is presented as a simple and convenient interface that takes the guesswork out of financial modeling. The vendor aims to offer models that are easy to understand, easy to use, and easy to share with investors and stakeholders. Every new Forecastr customer is supported by a pair of expert financial analysts. They work alongside the user to build a fully-customized model that captures every nuance of unique…N/A
Pigment
Score 8.6 out of 10
N/A
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.N/A
Pricing
ForecastrPigment
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
ForecastrPigment
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Features
ForecastrPigment
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Forecastr
10.0
1 Ratings
8% above category average
Pigment
7.8
7 Ratings
4% below category average
Long-term financial planning10.01 Ratings8.27 Ratings
Financial budgeting10.01 Ratings7.77 Ratings
Forecasting10.01 Ratings7.97 Ratings
Scenario modeling10.01 Ratings7.67 Ratings
Management reporting10.01 Ratings7.97 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Forecastr
10.0
1 Ratings
20% above category average
Pigment
7.8
7 Ratings
3% below category average
Personalized dashboards10.01 Ratings8.27 Ratings
Color-coded scorecards10.01 Ratings7.26 Ratings
KPIs10.01 Ratings7.96 Ratings
Cost and profitability analysis10.01 Ratings7.86 Ratings
Key Performance Indicator setting10.01 Ratings8.26 Ratings
Benchmarking with external data10.01 Ratings7.35 Ratings
Revenue Forecasting10.01 Ratings00 Ratings
Budgeting Tools
Comparison of Budgeting Tools features of Product A and Product B
Forecastr
10.0
1 Ratings
16% above category average
Pigment
-
Ratings
Automated Budgeting10.01 Ratings00 Ratings
Financial Planning Collaboration10.01 Ratings00 Ratings
Budget Customization10.01 Ratings00 Ratings
Departmental Budgeting10.01 Ratings00 Ratings
Import & Export Tools10.01 Ratings00 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Forecastr
-
Ratings
Pigment
7.8
5 Ratings
4% above category average
Pixel Perfect reports00 Ratings7.75 Ratings
Customizable dashboards00 Ratings9.04 Ratings
Report Formatting Templates00 Ratings6.75 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Forecastr
-
Ratings
Pigment
7.5
6 Ratings
6% below category average
Drill-down analysis00 Ratings7.76 Ratings
Formatting capabilities00 Ratings7.36 Ratings
Integration with R or other statistical packages00 Ratings7.34 Ratings
Report sharing and collaboration00 Ratings7.56 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Forecastr
-
Ratings
Pigment
8.0
6 Ratings
0% below category average
Publish to Web00 Ratings8.15 Ratings
Publish to PDF00 Ratings7.56 Ratings
Report Versioning00 Ratings8.35 Ratings
Report Delivery Scheduling00 Ratings8.05 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Forecastr
-
Ratings
Pigment
7.3
5 Ratings
3% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.65 Ratings
Location Analytics / Geographic Visualization00 Ratings6.95 Ratings
Predictive Analytics00 Ratings7.65 Ratings
Pattern Recognition and Data Mining00 Ratings7.25 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Forecastr
-
Ratings
Pigment
7.9
5 Ratings
7% below category average
Multi-User Support (named login)00 Ratings7.85 Ratings
Role-Based Security Model00 Ratings8.35 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings7.65 Ratings
Report-Level Access Control00 Ratings8.05 Ratings
Single Sign-On (SSO)00 Ratings8.05 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Forecastr
-
Ratings
Pigment
7.2
5 Ratings
7% below category average
Responsive Design for Web Access00 Ratings7.45 Ratings
Mobile Application00 Ratings6.55 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings7.65 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Forecastr
-
Ratings
Pigment
6.9
6 Ratings
12% below category average
Financial data consolidation00 Ratings7.05 Ratings
Journal entries and reports00 Ratings6.15 Ratings
Multi-currency management00 Ratings7.04 Ratings
Intercompany Eliminations00 Ratings7.03 Ratings
Minority Ownership00 Ratings6.35 Ratings
Local and consolidated reporting00 Ratings7.05 Ratings
Detailed Audit Trails00 Ratings8.15 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Forecastr
-
Ratings
Pigment
7.5
6 Ratings
5% below category average
Financial Statement Reporting00 Ratings8.05 Ratings
Management Reporting00 Ratings7.96 Ratings
Excel-based Reporting00 Ratings6.85 Ratings
Automated board and financial reporting00 Ratings7.56 Ratings
XBRL support for regulatory filing00 Ratings7.33 Ratings
Integration
Comparison of Integration features of Product A and Product B
Forecastr
-
Ratings
Pigment
7.6
6 Ratings
7% below category average
Flat file integration00 Ratings7.75 Ratings
Excel data integration00 Ratings7.86 Ratings
Direct links to 3rd-party data sources00 Ratings7.46 Ratings
Best Alternatives
ForecastrPigment
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.8 out of 10

No answers on this topic

Medium-sized Companies
Centage
Centage
Score 9.5 out of 10
Centage
Centage
Score 9.5 out of 10
Enterprises
Prophix
Prophix
Score 8.8 out of 10
Prophix
Prophix
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
ForecastrPigment
Likelihood to Recommend
10.0
(1 ratings)
7.8
(7 ratings)
Usability
-
(0 ratings)
7.5
(5 ratings)
User Testimonials
ForecastrPigment
Likelihood to Recommend
Forecastr
Forecastr is great for any company who is looking to have clarity like never before on their finances, but it may be especially helpful for startups.
Read full review
Pigment
Planning, financials, and even sales tracking are greatly helpful for project planning. This makes product planning easy; you can simply see what the industry is demanding and what should be produced more in coming quarters. If you have really huge data, then this sometimes crashes.
Read full review
Pros
Forecastr
  • Their onboarding with experienced CFO's is extremely helpful
  • Their forecasting revenue models are easy to understand
  • The budgeting and expenses section is better than anything else I've ever seen before.
Read full review
Pigment
  • Helping organizations assess the impacts of various business decisions effectively​
  • Seamlessly integrates with multiple data sources
  • Collaboration with other teams and teammates
Read full review
Cons
Forecastr
  • More youtube videos on walking through the software would be cool.
Read full review
Pigment
  • 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
Read full review
Usability
Forecastr
No answers on this topic
Pigment
Overall most of Pigment is self-service and meant to be used by the business users. It usually doesn't require reaching out to a technical or IT resource to make changes to reports or the models we have setup.
Read full review
Alternatives Considered
Forecastr
I wish I found Forecastr years ago. No other software has been able to simplify finances with models and forecasting in a very clear manner like this, plus, with the CFO addition, it's a breath of fresh air for the first time in 8 years of business with finances.
Read full review
Pigment
Pigment has a lot of the same self-service capabilities but offers a more robust infrastructure to plan and report on more than just the financial data. It allows for more extended planning and the reporting and dashboard capabilities are very strong.
Read full review
Return on Investment
Forecastr
  • With clear data, I'm able to make better financial decisions on hiring/spending
Read full review
Pigment
  • 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
Read full review
ScreenShots