Retail chain HEMA chooses Pigment to enhance financial planning
Pigment, the business planning platform, has been selected by retail brand HEMA to streamline and optimize its financial planning process.
With more than 733 stores and 17,000 employees across Europe, including the Netherlands, Belgium, Germany, Luxembourg, France and Austria, HEMA is committed to delivering exceptional customer experiences, driving sustainable growth, and adapting quickly to market changes.
With these objectives in mind, HEMA recognized the need for a more streamlined, flexible financial planning process that would save time, increase efficiency, and free up the finance team to explore new strategic initiatives. The company partnered with Finext, a financial consulting firm, to run a competitive selection process in which Pigment came out top. By joining forces with both Pigment and Finext, HEMA is well-positioned to achieve its goals.
Before teaming up with Pigment, HEMA faced challenges planning on Excel which was time-consuming and limited the company’s ability to produce revised forecasts when circumstances demanded. With Pigment the company can integrate data from multiple sources to establish a single source of truth and speed up processes. The company is hoping to cut its budgeting process time. In addition, Pigment's intuitive, user-friendly interface and clear workflow management process will also help HEMA define roles and responsibilities more effectively, fostering collaboration and efficiency across departments.
Pigment is a business planning platform that provides organizations with the tools needed to intuitively and intelligently build and adapt strategic plans. Industry-leading companies like Unilever, Merck, Klarna, PVH, Webhelp, Figma and Poshmark use Pigment every day to quickly get an accurate picture of their business, make better decisions, and focus more on executing strategy in a rapidly changing world. Learn more at www.pigment.com.
Gartner, Cool Vendors in Capital Investment Management Software, Michelle Carlsen, Vaughan Archer, 10 August 2023
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