Pigment is an integrated business planning software that executives, finance teams, and revenue teams use to carry out strategic finance operations. It offers scenario modeling, custom dashboards, and reports.
Pigment integrates data across systems such as ERPs, accounting software, HRIS, ATS, billing and payment software, BI solutions, and spreadsheets.
Pigment offers its users a standard business planning platform that includes the following benefits:
Despite Pigment’s pros, some customers still experience recurring issues with the platform, including:
For more reasons why Pigment may be right (or wrong) for your business, read our complete Pigment review.
Pigment does not make its pricing information public. It offers three pricing plans and prefers that customers contact the company directly for a quote.
While Pigment may be the right solution for some companies, it fails to offer important benefits many organizations want, like ease of use, advanced reporting, and more customization options.
To help you choose the best solution for your needs, here’s some info to help you learn more about some of the best Pigment alternatives.
1. Cube
Cube is a cloud-based FP&A platform that helps companies hit their numbers without having to sacrifice their spreadsheets. Cube helps finance teams work anywhere—integrating natively with both Excel and Google Sheets—so they can plan, analyze, and collaborate quickly and confidently.
Many high-growth companies (like Instride and Figment) use Cube for all their FP&A needs. Cube empowers FP&A and finance teams to streamline audit processes and acquire meaningful data insights through robust reporting. It also offers seamless integrations with other HR, CRM, and ERP tools. Cube is a great tool for companies of all sizes, but especially for growing companies and those concerned with headcount and workforce planning.
Features
Customer reviews
Cube has a 4.5/5 rating on G2. Cube’s clients are very satisfied with its best-in-class implementation process, features, and flexibility. Bluewind’s Senior Director of Accounting and Finance says using Cube is a no-brainer because the platform has all the functionality they’re looking for, offering a comfortable Excel-native platform.
Users also praise Cube for its centralized data management, improved data accuracy, enhanced modeling, and significant time and cost savings. Edge Fitness Club, for example, cut its reporting time by 30% and saves $300,000 annually with Cube.
Pricing: Cube offers customizable pricing for various business needs, starting at $2,000 per month. You can view Cube’s pricing page for more information.
Cube’s integration with Excel and Google Sheets makes it a great option for organizations that want to keep their existing systems while handling more advanced financial planning and analysis. Cube offers an Excel-native platform that’s familiar and intuitive, allowing users to pivot to a new FP&A platform without a high learning curve. Also, with Cube’s AI tool, businesses can reduce time to forecasts, proactively analyze variances, and automatically validate data.
Causal is a financial planning platform for startups. It provides a single platform for reporting, managing SaaS metrics, budgeting, forecasting, headcount planning, and consolidating financial transactions.
Causal integrates with Xero, Quickbooks, and Stripe. It also allows businesses to integrate their data, automatically convert currencies, and drill down into the data with interactive charts and tables.
The platform also integrates with HRIS, accounting systems, CRMs, and data warehouses. It allows users to model any data using simple, human-readable formulas.
Features
Customer reviews
Causal has a 4.6/5 rating on G2. Users like that Causal offers out-of-the-box financial models and supports complex financial modeling. However, people mention that it has a steep learning curve and lacks some key integrations for SaaS businesses.
Pricing: Causal pricing is not available on the website, but the platform offers two plans, Growth and Lite (a 14 day free trial plan).Anaplan is a web-based financial planning and forecasting application that enables organizations to make informed decisions by providing real-time access to data. Anaplan's three types of views—worksheets (data tables), board pages, (dashboards), and reports (slides)—attempt to unite the disconnected tools of FP&A under a single roof.
The platform also supports workforce planning, allowing organizations to connect HR processes to financial operations.
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Features
Customer reviews
Anaplan has a 4.6/5 rating on G2. The platform’s users mention that Anaplan is a flexible tool able to handle large and complex data sets. However, some people mention there’s space for improvement in Anaplan’s user experience (UX).
Pricing: Anaplan does not disclose its pricing details publicly, but online sources reveal that Anaplan has a range of pricing options available, divided into three tiers: basic, professional, and enterprise.
Vena Solutions is a budgeting and forecasting platform that streamlines financial planning and management. It integrates with Excel to help finance teams comprehensively view the organization's financial operations. Vena allows businesses to plan and track their performance and create budgets and forecasts yearly, quarterly, or monthly.
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Customer reviews
Vena has a 4.6/5 rating on G2. Users like that Vena integrates with Excel and does a good job at organizing data into a simple database format. However, users also say that despite its Excel-like functionality, Vena still has a high learning curve, and report building takes time.
Pricing: Vena’s pricing is not available on its website, but the platform offers two pricing plans (professional and complete) with customizable features.
IBM Planning Analytics is a business intelligence solution that offers a customizable modeling platform for finance teams to make data-driven decisions. It enables organizations to analyze past results, model future outcomes, manage resources, plan budgets, and consolidate financials from multiple sources in one central repository. IBM also provides an AI assistant tool for users to automate forecasting and run multiple what-if scenarios.
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Customer reviews
IBM planning analytics has a 4.4/5 rating on G2. Users like that the platform is easy to learn and easy to use for non-technical people and provides an API for customization. Some users, however, report slow performance when handling complex and large models.
Pricing: The pricing for IBM Planning Analytics depends on the number of users, RAM memory needed, and the type of license required.
SAP Analytics Cloud is a cloud-based business intelligence (BI) analytics platform. Users can analyze, visualize, and share data from various sources, such as on-premises and cloud systems, all in real time. SAP provides a range of features, including reporting, forecasting, and analytics. Users can also integrate the platform with other SAP and non-SAP systems such as Microsoft SQL and Salesforce.
Features
Customer reviews
SAP Analytics Cloud has a 4.2/5 rating on G2. SAP users praise the platform's predictive machine learning feature but also mention that setting up the platform can be time-consuming, especially for nontechnical people.
Pricing
Oracle Cloud is a cloud-based enterprise performance management (EPM) solution that provides organizations with an integrated suite of EPM tools and services. It combines Oracle’s Hyperion EPM software with other applications, such as Oracle Planning & Budgeting Cloud Service and Oracle Financial Consolidation & Close Cloud Service. Oracle Cloud EPM helps organizations plan, budget, forecast, analyze, and report on performance for improved decision-making and visibility.
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Customer reviews
Oracle Cloud EPM has a 4.1/5 rating on G2. Most users like this platform because it integrates with other Oracle products and provides many options for building reports, and some mention that using the platform requires a lot of IT involvement.
Pricing: Oracle Cloud EPM pricing depends on the custom needs of the user and varies by unit.
Planful is a cloud-based financial planning and modeling solution that enables businesses to make agile, data-backed decisions. The platform offers a comprehensive suite of features, including budgeting, consolidation, analytics, performance analysis, automated reporting, and workflow automation. Planful’s pre-built platform allows users to either build plans, models, and scenarios from scratch or customize already existing templates.
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Customer reviews
Planful has a 4.3/5 rating on G2. Based on reviews, Planful has a user-friendly platform, and building advanced reports is straightforward. However, some users mention that the system performance can be slow sometimes.
Pricing: Planful does not disclose its pricing publicly.
Also read: Anaplan vs Adaptive vs Planful vs Vena vs Datarails vs CubeWorkday Adaptive Planning is a planning and performance management application from Workday, Inc. that helps organizations manage their business in real-time. It provides financial and operational planning capabilities for enterprises across various industries.
Workday Adaptive Planning integrates with other Workday applications, including Human Capital Management (HCM), Financials, Talent Acquisition, Revenue Management, Supply Chain Management (SCM), and more.
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Features
Customer reviews
Workday Adaptive Planning has a 4.3/5 rating on G2. Users like the platform’s flexibility, user-friendly interface, and integration capabilities, but they also mention that Workday does not have comprehensive learning resources for the platform and that set-up is time-consuming.
Pricing: The company does not disclose pricing information for their three plans.
Prophix is a financial planning and analysis tool that enables organizations to streamline their budgeting, forecasting, and reporting processes. The platform ensures businesses can obtain real-time visibility into their performance and make strategic decisions. Prophix can manage financial data, build models for analysis, and craft informative reports and dashboards.
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Features & Benefits
Customer reviews
Prophix has a 4.4/5 rating on G2. Users like Prophix for its version control feature, intuitive interface, and customer support team. Some reviews reveal that the Prophix implementation process is slow and has limited customization options for visuals.
Pricing: Prophix software does not disclose pricing information.
Board is a business insight software solution that provides users with analytics tools driven by machine learning algorithms. Board allows users to create forecasts, models, and simulations. Users can also share these forecasts and receive feedback. The platform can set goals, monitor progress, navigate complex datasets, and gain insights.
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Customer reviews
Board has a 4.4/5 rating on G2. Based on reviews, Board does not require coding experience, making it easy to understand and use. However, reviews note that Board requires some expertise to implement, and some users mention hiring an external partner to set it up.
Pricing: Board does not list pricing information on its website; customers must request custom quotes.
Synario is an AI-powered financial modeling platform that provides real-time insights and predictive analytics. It uses machine learning, natural language processing, and other advanced techniques to generate forecasts, compare scenarios, and optimize resources. Synario helps users build complex models, analyze what-if scenarios, and make informed business decisions.
Features
Synario has a 5/5 rating on G2. The platform does not have many reviews, but users mention that while Synario is flexible and similar to Excel, it can have a large learning curve.
Pricing: Synario does not disclose pricing information on its website.
Mosaic is a cloud-based FP&A solution that helps view business operations through dashboards, reporting tools, automated data reconciliation, and forecasting. The platform supports agile planning and quicker decision-making by consolidating insights across ERP, CRM, HRIS, and billing systems. Mosaic combines its software with a simple user interface so it’s easier to collaborate, report, and make data-driven decisions.
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Features
Customer reviews
Mosaic has a 4.7/5 rating on G2. Based on reviews, Mosaic is user-friendly, quick to set up, and has seamless integration with Quickbooks. But since it is a fairly new tool, it lacks some features and integrations.
Pricing: Mosaic doesn’t provide pricing details for their three plans.
Datarails is an FP&A software for Excel users. It allows customers to keep their Excel spreadsheets and financial models while using artificial intelligence to automate repetitive processes.
The software supports business needs like financial reporting, data consolidation, budgeting and forecasting, scenario analysis, and ERP-Excel connectivity. It also integrates with accounting software and CRM for users to bring all their business data to one platform. Datarails provides a customizable inbuilt visualization tool that helps users spot anomalies, variances, and trends and automatically generate reports to share with stakeholders.
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Features
Customer reviews
Datarails has a 4.7/5 rating on G2. Users mention that Datarails streamlines data validation and that building reports using data from multiple sources is easy. However, based on reviews, Datarails does not have an intuitive platform, and managing permissions is difficult.
Pricing: Datarails offers custom pricing depending on business goals, the number of users, and integration needs.
Jedox is a planning and performance management platform that supports budgeting, forecasting, and financial analysis for finance teams. It provides an add-in for Excel 365, allowing users to work within Excel.
Jedox users can integrate data from any source across all business systems and create management reports. It has self-service templates for users to create business models and logic rules. The platform also has ESG reporting software for organizations to create customized ESG reports and automatically ensure compliance with ESG regulations.
Features
Customer reviews
Jedox has a 4.4/5 rating on G2. User reviews show that Jedox is adaptable, user-friendly, and has a relatively fast implementation time. However, tracking changes on documents is not intuitive, and the platform is slow sometimes when building complex reports.
Pricing: Jedox does not offer pricing information for its three plans on their website.
Abacum is an FP&A platform for CFOs, revenue teams, and HR teams. It offers integrated business planning, reporting, and data consolidation. This planning platform streamlines workflows and allows multiple teams to work together on forecasts, what-if scenarios, and approval requests.
The platform supports startups, helping them plan and manage their entire fundraising process. Startups can create investor reports using customizable metrics and build projections that answer investor questions.
Features
Customer reviews
Abacum has a 4.8/5 rating on G2. Users like Abacum for its responsive and customer-oriented support. They also mention that the tool is quite flexible when building models and reports. However, some users say Abacum is a fairly new software and is missing some key features.
Pricing: Abacum pricing is not available on their website.
If you’re currently comparing Pigment to other FP&A software, use these four important criteria to decide:
The features you need from financial planning and analysis software depend on your business needs. For example, startups and early-stage companies might need a specific feature for fundraising planning.
Pigment offers standard FP&A features like scenario planning, modeling, budgeting and forecasting, workforce planning, and sales capacity planning. However, you should check that these features are comprehensive and suited to your needs.
Watch demos for Pigment and other software you’re considering and check customer reviews to confirm that your chosen solution meets your needs.
Financial planning and analysis software should be easy to use, especially when finance teams do not have advanced technical expertise. It should have a relatively low learning curve and an intuitive, user-friendly interface.
According to reviews, Pigment is intuitive, but it has a complex learning curve, and the interface takes some getting used to. Look for tools that are easy to implement and use. Check user reviews on G2, Capterra, and Gartner. If the software has a free version, test it out before buying.
You’ll need to gather business data from multiple platforms when building scenarios, compiling reports, and conducting analysis. Your FP&A tool must support integration with your business's other software.
Pigment software integrates with ERP and accounting systems, CRM, HRIS, spreadsheets, and data lakes. You can find integrations with common software like SAP, NetSuite, Salesforce, and Greenhouse on Pigment. Most FP&A software offers robust integrations. Check that your tech stack supports the software you’re considering and that your chosen solution provides custom integration capabilities if needed.
The software you choose should offer a balance between features, integrations, ease of use, and your budget.
Pigment pricing is not available on its website, but an online source reveals that the average organization spends $87,000 annually, and the maximum cost is around $227,000. Pigment can be expensive for smaller and midmarket organizations.
Pigment is useful for creating forecasts and models to inform strategic business decisions. However, there are several Pigment alternatives for companies seeking a more robust solution. The most important thing is to pick the best software for your team.
Pigment users say Pigment is a customer-centric product and praise the platform for its flexibility, cross-functional integration across various business functions, and ability to handle large amounts of data at once.
Still, with Pigment's high learning curve, some users might find it difficult to dive into the multitude of features, especially if they are used to simpler tools like Excel. Its ability to handle large data may not always be applicable, and some users also say the system is slow when processing large datasets.
Ready to try another financial planning and analysis software suited for your business?