Case Study: Cobalt streamlines FP&A planning with Pigment

Cobalt cuts FP&A spreadsheet complexity from 25 tabs to faster scenario planning with Pigment

Cobalt, a technology company providing Pentest as a Service, faced significant challenges in its financial planning and analysis (FP&A) processes. They relied on an inefficient and complex Excel model with over 25 tabs, which made scenario planning difficult and access control to confidential information a major concern. Seeking to streamline operations and empower its finance team, Cobalt turned to the business planning platform Pigment for a solution.

By implementing Pigment, Cobalt revolutionized its FP&A process. The platform's flexibility and intuitiveness allowed for rapid onboarding of analysts and tailored deployment. The finance team now spends far less time on data gathering and accuracy checks, freeing them for strategic storytelling. They can quickly create what-if scenarios for headcount and costs, a process that was previously laborious and error-prone. Cobalt also highly values Pigment's robust access control features. The positive impact was felt beyond finance, with departments like marketing, sales, and product also praising the platform.

Cobalt