Case Study: Carta cuts data aggregation time by 80% with Pigment

How Carta cut their data aggregation and manual calculation times by 80%

Carta, a fast-growing financial services company, needed a more agile planning and reporting solution as its business became more complex. Its existing tools couldn’t handle the level of segmentation, changing org structures, and dual P&L views the finance team needed, so they often fell back to spreadsheets for analysis. Carta turned to Pigment to support budgeting, reporting, headcount planning, and revenue forecasting.

With Pigment, Carta consolidated data from NetSuite, Workday, and Google Sheets into a single planning platform, rebuilt its financial and ARR models, and automated reporting and calculations. The result was an 80% reduction in time spent on data aggregation and manual calculations, with weekly ARR reporting and department deep dives becoming much faster; the company also saved about two hours per team member each week on ARR leadership reports and 10–15 hours per month on deeper analysis.

Carta

Janelle Waters

Strategic Finance Senior Manager