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 ERP, accounting, HRIS, ATS, billing and payment, BI solutions, and spreadsheets.
Let's check out some of the best alternatives to Pigment and see how they compare to the competition.
Business planning with Pigment
One of Pigment's key functionalities is business planning. Though built for finance teams, Pigment also addresses use case for executives, HR teams, and sales and revenue teams. No matter the team, they promise less time spent prepping data, more time analyzing it and many fewer human errors. The goal is to give businesses a clear view into their performance management and facilitate easier collaboration across teams.
Based on Pigment software user reviews, some users experience recurring issues with the platform, including:
Pigment does not make its pricing information public. They offer three pricing plans and prefer that customers reach out to them for a quote on each plan.
While Pigment is the right solution for some companies, that's not the majority.
So we pulled this list of some of the best Pigment alternatives to help you make a more informed decision. Let's see how Pigment compares to these tools.
Cube is a comprehensive FP&A solution that helps businesses drive efficiency and accuracy in their financial forecasting, budgeting, and financial planning processes.
Cube is spreadsheet-native, which means it lives in Excel and Google Sheets with you but has a web-based back-end you can log into.
Cube empowers FP&A and finance teams to streamline audit processes and acquire meaningful data insights through robust reporting alongside seamless integrations with other HR, CRM, and ERP tools.
One of the best alternatives to Pigment, Cube is an great tool for companies of all sizes but especially for growing companies and those concerned with headcount and workforce planning.
Features
Pricing
Or view our pricing page for more information.
One of the strong Pigment alternatives, 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.
Features
Pricing
The pricing for IBM Planning Analytics is based on the number of users and the type of license required. Plans include:
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.
One of the best alternatives to Pigment, SAP provides a range of features, including reporting, forecasting, and analytics. It can also be integrated with other SAP and non-SAP systems such as Microsoft SQL and Salesforce.
Features
Pricing
SAP Analytics Cloud has a 30-day free trial and two pricing options:
Oracle Cloud is a cloud-based enterprise performance management (EPM) is a cloud 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.
One of the strong Pigment alternatives, Oracle Cloud EPM helps organizations plan, budget, forecast, analyze, and report on performance for improved decision-making and visibility.
Features
Pricing
Oracle Cloud EPM pricing is based 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.
One of the top alternatives to Pigment, It offers a comprehensive suite of features, including budgeting, consolidation, analytics, performance analysis, automated reporting, and workflow automation.
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Pricing
Planful does not disclose its pricing publicly, but sources say this tool costs far more than the market average.
Also read: Anaplan vs Adaptive vs Planful vs Vena vs Datarails vs Cube
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.
Features
Pricing
Anaplan has a range of pricing options available, divided into three tiers:
Anaplan does not disclose its pricing details publicly, but various sources reveal that the cost of Anaplan's services can range from $30,000 to $50,000 or more.
Workday 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.
One of the Pigment alternatives, Workday Adaptive Planning integrates with other Workday applications such as Human Capital Management (HCM), Financials, Talent Acquisition, Revenue Management, Supply Chain Management (SCM), and more.
Features
Pricing
The company does not disclose pricing information on its website. According to various sources, pricing for Workday Adaptive Planning starts at $15,000.
Vena Solutions is budgeting and forecasting software that streamlines financial planning and management.
It integrates with Excel to help finance teams comprehensively view the organization's financial operations.
Vena enables businesses to plan and track their performance and create budgets and forecasts yearly, quarterly, or monthly.
Features
Pricing
Vena doesn’t list its pricing tiers on its website or other third-party review sites. Some reviewers report the platform is priced below other available solutions.
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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Pricing
Prophix software kept their pricing information private, but sources say the platform matches the industry average.
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.
Board can set goals, monitor progress in real-time, navigate complex datasets, and gain insights.
Features & Benefits
Pricing
Board does not list its pricing information on its website. But, sources report that Board is less expensive than the industry average.
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 can be used to build complex models, analyze what-if scenarios, and make informed business decisions.
Features
Pricing
Synario does not disclose pricing information on its website but anecdotal sources say it costs more than the market average.
Mosaic is a cloud-based FP&A solution that helps view business operations through dashboards, reporting tools, automated data reconciliation, and forecasting.
Mosaic 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.
Features
Pricing
Mosaic doesn’t provide details of their pricing plans on their website or share them with other sources. However, they provide a brief description of what their plans provide.
Pigment is useful for creating forecasts and models to inform strategic business decisions. However, there are several Pigment alternatives for companies looking for a more robust solution. The most important thing is picking the best software for your team.
With sophisticated analytics intended to help heighten strategic plans, lightning-fast processing speeds, and seamless integrations with Excel and Google Sheets, Cube makes performing complex analyses easy. It provides a clear understanding of the financial health of your business.
Plus, Cube’s rating for product satisfaction and overall experience is among the highest on the market. Psst, curious what our customers have to say? Check out their stories here or check out reviews from actual users on G2.
Think we could be a good fit for your finance team? Click the banner below to request a free demo and learn more about Cube.