Why choose Pigment over legacy platforms?

01. Disconnected planning is costing you

Your teams are spending too much time on tasks like model maintenance, setting up integrations with external data sources, synchronizing model to model integrations, and digging through 'modules' to make changes.

In some platforms, data is duplicated, increasing storage demands and eventually leading to additional costs - by bringing in consultants to support, or by purchasing additional storage space.

Connecting plans in legacy platforms is often far more complex than it needs to be: it can only be achieved by implementing limited APIs to connect models together, which requires very specific product knowledge.

In practice

Consider, for example, you’re undertaking a major company restructure.

If your HR and financial plans are disconnected, you won’t have a holistic view of the implications of the workforce decisions you’re making - which means the numbers your team is sharing with the CFO are not accurate.

The focal point of your business planning

Pigment is built to support real time connections between teams and plans. It does this in two different ways:

• Integration made easy: Use the dozens of native connectors like Workday, Snowflake, and Salesforce directly in Pigment for a real-time view of your organization
• Truly connected planning:
Financial and HR plans are natively synchronized, without having to build that connection manually. This means a change in your org is immediately reflected inyour budgets, plans, and forecasts.

02. Storage is holding you back

Organizations today produce a vast amount of data: vastly more than they did when legacy platforms were built. To manage and utilize this volume of information, FP&A teams need modern tools that are built with complexity in mind.

Because of the architecture of the software, companies using dated platforms are limited by the number of dimensions they can use before performance is impacted. Not only can this have an impact at the time of deploying the solution, it can also lead to serious limitations over time -you’ll spend a lot of the time tied up with managing storage space, so users won’t be able to perform as many value-add activities lie scenario planning.