Oct 30, 2024 · Paris, France

KRYS GROUP selects Pigment to streamline financial data management

KRYS GROUP, a leading French company in the optical market and major player in hearing correction market solutions, has chosen Pigment to centralize and manage financial data and planning.

With a growing network of 1,600 stores, four brands and more than 6,000 employees, KRYS Group leverages a cooperative model strengthened by a distribution-manufacturing framework (KRYS GROUP has a manufacturing and logistics center in France). By implementing Pigment, KRYS GROUP will be able to consolidate financial data, improve operational efficiency, and support the company’s ambitious growth plans. 

Addressing Data Management Challenges

KRYS GROUP faced significant challenges, including inefficient processes and a heightened risk of manual errors. The company’s existing tech stack also included rigid tools that made it difficult to manage and analyze huge volumes of data. 

Following a thorough review process, Pigment was chosen for its flexibility and strong data-handling capabilities, allowing KRYS GROUP to manage information in real-time and facilitate accurate scenario planning across the different business departments.

"Pigment quickly demonstrated the ability to meet our needs. The platform is powerful, flexible and easy to use, and will be critical in supporting our long-term strategy.”

Olivier Masson, Financial Director, KRYS Group

Modernizing Financial and Operational Planning

Pigment’s platform will also modernize KRYS GROUP’s financial and operational planning processes , replacing outdated systems and spreadsheets that were limiting collaboration and access to data. Thanks to Pigment, KRYS GROUP gains a flexible, user-friendly solution tailored to their specific needs, including sales planning and manufacturing cost management. They can now conduct in-depth business models analysis and closely monitor store performance, leading to faster and more informed decision making as they expand their optical and hearing stores network.

"We’re proud to support KRYS GROUP’s ambitious development plan. Their choice further reinforces Pigment’s leading position as a planning platform that is able to bring immediate value to organizations looking to optimize their planning processes.”

Edouard Beaucourt, Head of EMEA, Pigment

About KRYS GROUP

French leader in the optical market and major player in hearing, KRYS GROUP sets itself apart through the cooperative values ​​that have supported it since its creation in 1966.

With 1,600 stores worldwide under 3 complementary brands – Krys optics and hearing, Le Collectif des Lunetiers and YOU DO – KRYS GROUP posts optical and hearing sales of 1.366 billion euros in 2023. Since 2014, KRYS GROUP has developed an offer dedicated to hearing health and today has more than 300 hearing centers.

Its purpose: visual and hearing health for all.

Distributor and producer, it is the leading employer in the sector in France where it employs more than 6,000 people. The first glassmaker to obtain the “Origine France Garantie” certification in 2012, KRYS GROUP is the only optical group to manufacture its own glasses in France, in Bazainville (78). In 2020, KRYS GROUP was the first company certified “Service France Guaranteed” by AFNOR for its customer and consumer service. A guarantee of quality, speed and competitiveness from which it directly benefits its 10 million customers.

In 2024, KRYS GROUP becomes the first optical and hearing group to be labeled “CSR Committed”, “Confirmed” level by AFNOR Certification for its distribution and production activities..

https://www.krys-group.com/presse/ 

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.