Case Study: Bolt improves financial planning speed and reporting with Pigment

Bolt boosts planning efficiency 10x with Pigment

Bolt, a multinational transportation company operating a ride-sharing, delivery, and micromobility app, faced challenges with its previous-generation business planning platform. The system struggled to handle the complexity of Bolt's operations across 70+ countries, leading to slow performance and low adoption. The finance team frequently reverted to using Google Sheets, causing friction in modeling and reporting. They needed a new platform from a vendor like Pigment that could improve speed, drive user adoption, and eliminate spreadsheet fallbacks.

By implementing the Pigment business planning platform, Bolt achieved rapid and widespread adoption, with nearly 500 users across finance, HR, and various business departments. The solution provided by Pigment led to a dramatically more efficient and interactive planning process for OPEX, workforce, and P&L reporting. Bolt estimates the planning process is now at least ten times more efficient, with Google Sheets use having fallen off a cliff. The company has gained trust in the system and is exploring further use cases with Pigment, including leveraging its AI capabilities for advanced analysis.

Bolt