Lucanet vs. Pigment

Lucanet is an easy to understand consolidation tool that displays the company's PnL, balance sheets, and cash flow statement in a clear way. The software is intuitive and easy to understand. User access functionalities are good. Dashboarding, reporting, and variance analysis are limited which is a disadvantage compared to other applications who do offer more all-in-one solutions.

Incentivized

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.

Incentivized

• Very intuitive interface to slice and dice the data to have a monthly, quarterly, or yearly view
• Easy to add additional journal entries
• Present legal consolidation structure in an intuitive way

Incentivized

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

• Limited dimensions to drill-down to a lower level of detail
• Limited reporting functionality
• We used it mainly for consolidation of actuals. As far as I know, limited functionality for variance analysis

Incentivized

• 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

Incentivized

Pigment helped us a lot to improve our data integration and financial planning processes, which helps us to save some time on these tasks. By automating all the data imports from the other tools we use, we don't need to do all these tasks manually. And details reports and analysis helped us to cut data preparation time by at least 60%

Incentivized

Unlike other tools, Pigment provides seamless data integration and imports from other tools. Importantly integrations are most useful for us, and it has integrations with most of the tools we use.

• Provides single source of truth regarding financial data
• Affordable solution

Incentivized

• 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

Incentivized