Item: Pigment
Rating: 9
Author: Verified User

Overall Satisfaction with Pigment

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 and Cons

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

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%

Alternatives Considered

Anaplan and IBM Planning Analytics

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.

Key Insights

Do you think Pigment delivers good value for the price?

Yes

Are you happy with Pigment's feature set?

Yes

Did Pigment live up to sales and marketing promises?

Yes

Did implementation of Pigment go as expected?

Yes

Would you buy Pigment again?

Yes

Likelihood to Recommend

companies with multilevel and intertwined financial structures that have to gather data from one place and another, and which require Pigment’s solid integration of information as well as real-time modeling capabilities. The solutions for detailed budget planning, forecasting, and variance analysis make it a useful tool for finance teams that want to preserve accurate financial plans

Pigment Feature Ratings

Comments

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Powerful tool for analysis and reporting

Software Version