From the beginning, the startup's goal was set to replace and surpass Excel and other traditional financial planning tools by developing a platform that was both complex and easy to use. This is what every finance professional who abhors Excel dreams of.
As such, the Pigment platform was created to address these very issues by providing a more integrated, dynamic and visual solution that helps business managers better understand their business situation and make more informed decisions.
This platform provides organizations with a comprehensive 360-degree view of their business through the use of visual presentations on dashboards. Managers can use the platform to run a series of scenario simulations to see how different factors may impact the business over time.
At its inception, Pigment was explicitly designed to address three core problems with business planning reports, including:
Pigment breaks down the silos of data across SaaS software in an organization, creating a large pool of data that can be used for planning and forecasting.
As a result, Pigment can replace Microsoft Excel for growing startups in many of its features and is generally more secure and reliable. For many large companies that have already deployed a business planning platform, some of the more modern features in Pigment can also replace traditional business planning platforms such as Oracle or SAP.