How Prisma Media saved up to one month of work on automated profitability calculations with Pigment

With Nathalie Danset, Head of Finance and HR Information Systems · Prisma Media

With , ·

“The initial successes of this collaboration pave the way for new opportunities to optimize financial and operational processes within Prisma Media."

Nathalie Danset
Head of Finance and HR Information Systems
Nathalie Danset
Head of Finance and HR Information Systems
Number of employees
1,001-5,000
Used by
Finance
Headquarters
Genevilliers, France
Industry
Media & Entertainment
Use cases
  • Financial planning & analysis
  • Budget planning
Implementation time
8 weeks
Integrations with
SAP S/4, Salesforce

Prisma Media, a leader in magazine publishing and online media in France, has selected Pigment to improve the profitability of its publications, and modernize its cost management processes. For more than 40 years, Prisma Media has been a dominant presence in the magazine and online media industries, reaching nearly 39 million readers monthly through its portfolio of 40 flagship brands that includes Harpers Bazaar, National Geographic and Capital.

In a rapidly evolving market, Prisma Media sought to modernize its approach to managing production costs by leveraging Pigment’s innovative financial planning solution in collaboration with implementation partner, MeltOne. The implementation of Pigment on magazine production costs has two major purposes:

  • To control and budget the production and distribution costs of their magazines.
  • Arbitrate between several scenarios, such as the choice of paper or magazine pagination.

Data integrity and cost simulation requirements

Prisma Media faced challenges in managing the production and distribution costs of numerous magazines. The volume of their data made external simulations and data imports and exports overly complex, time-consuming and in need of constant maintenance. To overcome these obstacles, Prisma Media sought a reliable and agile tool that was capable of handling the diverse data and variables intrinsic to its operations.

“We needed an efficient way to calculate the production and distribution costs of each of our publications. Spreadsheet tools were no longer suitable, as they reached their limits with the increasing complexity of our operations.”

Nathalie Danset, Head of Finance and HR Information Systems, Prisma Media

Implementing Pigment was a collaborative project that combined Prisma Media’s internal expertise with MeltOne’s experience delivering seamless implementations. 

Live within 8 weeks, Pigment has already delivered significant productivity gains, saving Prisma Media an estimated month’s work through automated calculations and reliable data management. 

Ensuring adoption through an agile and intuitive iInterface

A key priority for Prisma Media was ensuring that the chosen planning platform was user-friendly to facilitate adoption and ensure that teams were able to manage and navigate the planning process independently. MeltOne provided training and support to Prisma Media’s teams throughout the collaboration, ensuring smooth adoption. 

Looking ahead, Prisma Media plans to expand Pigment’s use to other aspects of production and financial planning.

“The initial successes of this collaboration pave the way for new opportunities to optimize financial and operational processes within Prisma Media.”

Nathalie Danset, Head of Finance and HR Information Systems, Prisma Media

About Prisma Media

Prisma Media has been enriching the daily lives of French people for over 40 years, providing entertainment, information, and inspiration. As the leader in magazine publishing and online media, 2 out of 3 French citizens engage with a Prisma Media brand each month*. With a portfolio of 40 flagship brands, Prisma Media serves key public and luxury market segments, aiming to become the European leader in desirable media brands.

About MeltOne

MeltOne is an international consulting firm specializing in organizational transformation. Founded a decade ago, MeltOne brings together more than 200 professionals worldwide, with offices in France, the United States, Canada, Colombia, and Asia. By combining the capabilities of a large firm with the agility of a start-up, MeltOne offers innovative solutions across various sectors, simplifying its clients' transformation projects. For more information, visit https://www.meltone.com.

About Pigment 

Pigment is a business planning platform built for agility and scale. It connects people, data, and processes in one elegant, feature-rich platform that allows planners in every department to prepare for any eventuality. Industry-leading companies like Unilever, Merck, Klarna, Webhelp, Figma and Poshmark use Pigment every day, allowing them to confidently make more informed business decisions.