What is Pigment?

Modern, cloud-based platform for planning, budgeting and forecasting with integrated functions for reporting and analysis. Flexible, user-friendly support for financial and operational planning with comprehensive collaboration functions.

Customer Satisfaction
7.8
Rated 7.8 out of 10
User Experience
7.8
Rated 7.8 out of 10
Functionality
7.1
Rated 7.1 out of 10
Business Value
6.8
Rated 6.8 out of 10

Self-description of Pigment

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Pigment BARC Review & Rating

Provider and product description

Pigment was founded in 2019 and employs more than 500 people worldwide. The company’s headquarters and software development team are located in Paris, France, with additional offices in Europe and North America. Nearly 600 customers use Pigment worldwide to implement business planning and performance management projects. Several major investors have funded Pigment’s rapid growth and global expansion. The vendor’s current strategic focus is on continued product innovation, expansion of the partner ecosystem, and headcount growth, particularly in North America. Pigment’s go-to-market efforts are centered around North America and Europe, with the UK and Ireland, France, and DACH as its focus geographies. Partners are critical to Pigment’s go-to-market strategy, rapid global expansion, and customer project implementations.

Pigment’s product was officially released in 2020. It is an integrated and collaborative business planning platform with complementary reporting, analysis, and financial consolidation capabilities. It targets organizations of all sizes and industries looking to solve planning, budgeting, and forecasting challenges. Primary buyers include finance, sales, supply chain, and HR executives. Pigment can be deployed for a single use case in a specific team (e.g., finance), but the majority of implementations are deployed enterprise-wide for strategic, multi-use-case finance and integrated planning initiatives.

Pigment is a modern, cloud-native SaaS solution hosted on Google Cloud Platform (GCP). The multidimensional planning platform is highly flexible and stores data in relational databases such as Postgres and SingleStore. For data integration, Pigment offers three different approaches: predefined native connectors (to ERPs, CRM, HRIS, data lakes, etc.), third-party ETL/iPaaS solutions (e.g., Workato, Celigo, DataBlend), and import APIs to push data from third-party systems into Pigment. Pigment is a web application that works with the latest versions of all modern browsers. Integrations with Microsoft Excel and Google Sheets are available to pull and push data from spreadsheets to Pigment. The platform provides security and control mechanisms that allow users to control data access on a per-record basis for read and write operations.

For planning, budgeting, and forecasting, Pigment offers a fully customizable planning platform with workflow support and collaboration capabilities. It provides a powerful flexible modeling tool and comprehensive functionality to support top-down, bottom-up, and mixed planning processes. Pigment’s flexibility allows customers to address different planning topics on a common platform, with different levels of aggregation (e.g., strategic as well as operational planning) for an integrated business planning approach (including financial planning). Standard but customizable planning templates, designed to provide best practices and speed implementation, are available for customers to use in their entirety or on a per-object basis. A native what-if scenario component allows users to run simulations and sensitivity analyses and compare scenarios side by side. Pigment AI augments business planning with support for data visualization and analysis, natural language data and documentation querying, and ML-generated predictive forecasts and modeling. In 2025, Pigment launched its first AI agent, along with a roadmap to incorporate more AI agents into its platform. Integrated into Pigment, these AI agents will enhance existing capabilities. The Analyst Agent analyzes information from internal and external sources to identify trends, detect anomalies, and determine the drivers behind data and performance patterns. Additional agents, such as the Planner Agent and the Modeler Agent, will be available soon.

Pigment is a visual platform that allows users to create fully customized reports and dashboards (known as boards) from the underlying data. Widgets include charts, grids, KPIs, action buttons (e.g., for navigation and data loading), text widgets, and images. These boards are used for reporting, analysis, and data entry. Ad hoc queries and analysis are supported with multidimensional data pivoting capabilities. For customers with a Microsoft analytics strategy, a Power BI connector via Pigment’s APIs is available to create reports and visualizations with Microsoft’s software based on Pigment’s data.

Finally, Pigment offers a prebuilt financial consolidation application based on the platform’s functionality. This application consolidates actuals and plan figures. It automates data imports, currency conversions, and intercompany eliminations. Guided workflows, audit trails, and access controls ensure that financial statements align with global standards, including IFRS.

Strengths and challenges of Pigment

BARC’s viewpoint on the product’s strengths and challenges.

Strengths
  • Modern, cloud-based planning, budgeting, and forecasting platform for business users. Comprehensive workflow and collaboration capabilities for planning process control and conversational planning.
  • Flexibility for a wide variety of planning approaches (centralized top-down, decentralized bottom-up) and planning topics (finance, operations, sales, HR, supply chain, etc.); industry agnostic.
  • Supports planning at multiple levels of aggregation (e.g., both strategic and operational) for an integrated business planning approach (including financial planning). Rapid global growth and accelerated product development with significant investor funding. Strategic focus on continued product innovation (e.g., augmented planning with Pigment AI, financial consolidation), partner ecosystem expansion, and headcount growth.
Challenges
  • Pigment is an enterprise planning, budgeting, and forecasting platform with native dashboarding, ad hoc analysis, and interactive reporting capabilities. Its reporting capabilities are designed to support planning-driven analysis rather than pixel-perfect publishing or large-scale report distribution. For organizations requiring advanced formatted reporting, governed enterprise semantic layers, or report bursting, Pigment complements established BI ecosystems through prebuilt integrations with Google Looker, Microsoft Power BI, Google Sheets, and Microsoft Excel/PowerPoint. Data interoperability is supported through APIs that enable the controlled export of Pigment data to analytics platforms. Currently, direct exposure of the proprietary Pigment data model to third-party front ends is not provided, though integration is enabled through governed interfaces. Advanced data integration relies on third-party technology. Pigment provides its own data loading capabilities, native connectors (e.g., to SAP S/4HANA Public Cloud), and open APIs, while third-party ETL/iPaaS solutions are used to load data in more complex scenarios. The new financial consolidation application offers all the standard functions necessary for basic consolidation scenarios. However, prospects should evaluate the application's detailed functions for more complex scenarios. Currently, only an IFRS starter kit is available. However, the solution can also be used to implement consolidations according to other regional GAAPs. While Pigment is a fast-growing vendor, it does not yet have the global market presence and visibility of its major competitors. Most of Pigments’s business is in North America and Europe (particularly France). However, according to the vendor, its international customer base and revenues are growing rapidly (e.g., in the UK). Prospects should evaluate the local consulting resources and support ecosystem of the vendor and its network of accredited partners.
  • Advanced data integration relies on third-party technology. Pigment provides its own data loading capabilities, native connectors (e.g., to SAP S/4HANA Public Cloud), and open APIs, while third-party ETL/iPaaS solutions are used to load data in more complex scenarios.
  • The new financial consolidation application offers all the standard functions necessary for basic consolidation scenarios. However, prospects should evaluate the application's detailed functions for more complex scenarios. Currently, only an IFRS starter kit is available. However, the solution can also be used to implement consolidations according to other regional GAAPs.
  • While Pigment is a fast-growing vendor, it does not yet have the global market presence and visibility of its major competitors. Most of Pigments’s business is in North America and Europe (particularly France). However, according to the vendor, its international customer base and revenues are growing rapidly (e.g., in the UK). Prospects should evaluate the local consulting resources and support ecosystem of the vendor and its network of accredited partners.
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Pigment User Reviews & Experiences

The information contained in this section is based on user feedback and actual experience with Pigment.

Why users buy Pigment and what problems they have using it

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Survey Information
Number of reviews for Pigment
21
Reviewed versions
Peer groups in the survey
Midsize/Departmental Implementations, Products for Planning, Budgeting & Forecasting
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