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What is Pigment?

Pigment is an AI-powered business planning platform designed to replace traditional spreadsheet-based financial planning and analysis (FP&A). It helps finance teams build financial models, forecasts, and budgets more quickly by automating repetitive calculations and offering a more collaborative interface than Excel. The platform uses AI to assist with scenario planning, variance analysis, and data consolidation from multiple sources. It's aimed at finance professionals, controllers, and CFOs who spend considerable time maintaining and updating spreadsheets. Pigment provides a more structured approach to financial planning whilst maintaining the flexibility that spreadsheet users expect.

Key Features

AI-assisted financial modelling

automatically generates formulas and calculations based on your planning requirements

Multi-scenario planning

create and compare different business scenarios to test assumptions and outcomes

Data integration

connects to accounting software and data sources to pull in real figures automatically

Collaborative workspace

allows multiple team members to work on plans simultaneously with version control

Variance analysis

compares actual results against forecasts and flags significant differences

Custom dashboards

visualises key metrics and KPIs for reporting to leadership

Pros & Cons

Advantages

  • Free to start with, making it accessible to smaller teams and businesses testing the tool
  • Reduces time spent on manual spreadsheet updates and formula maintenance
  • Improves collaboration by centralising financial plans in one place rather than email chains
  • AI assistance helps less experienced team members understand and build financial models

Limitations

  • Requires migration from existing spreadsheets and learning a new interface, which takes time and effort
  • May have limitations with highly custom or unusual financial structures that spreadsheets can handle more easily
  • Pricing for paid tiers not specified; costs could become significant as the business scales

Use Cases

Building annual budgets and forecasts without manually rebuilding spreadsheet models

Consolidating financial data from multiple departments or business units into one planning document

Running scenario analysis to model the impact of different business decisions

Tracking actual performance against forecast and identifying variances in real time

Presenting financial plans and forecasts to stakeholders with interactive dashboards