Pigment, a leading business planning platform, has unveiled a series of product updates aimed at transforming how companies such as Unilever, DeepL, Europcar, and Merck Pharmaceuticals approach strategic planning. In the past year, the platform has introduced over 150 new features, including native AI capabilities, seamless integrations with enterprise technology, application testing for secure modelling changes, and customisable planning templates. These enhancements solidify Pigment’s role as a cross-functional platform while improving usability and performance for integrated planning at scale.
“With the increasing complexity businesses face, the necessity for truly integrated planning has never been more essential,” said Romain Niccoli, co-CEO and co-founder of Pigment. “We are dedicated to expanding our platform across new functions with embedded AI, making planning more accessible. This approach allows teams to collaborate on a unified view of data, leading to quicker and more informed decision-making, enabling them to adapt rapidly to changing conditions.”
AI-Powered Enhancements
One of the standout features of Pigment is Pigment AI, a generative AI tool developed in close collaboration with customers. This functionality allows users to interact with their data using natural, conversational language, fostering more effective contributions to the planning process. As a result, teams can develop robust strategies and swiftly adapt to market fluctuations. Notably, over 90% of customers who have used Pigment AI report regular usage, highlighting its immediate value in everyday business planning.
Expanded Capabilities
Pigment positions itself as a truly cross-functional platform, connecting different departments to streamline planning and operations. Its new capabilities now support supply chain management and Environmental, Social, and Governance (ESG) use cases, enabling business teams to optimise and manage performance across various priorities.
In the supply chain sector, Pigment enables businesses to leverage real-time and historical data to generate accurate demand forecasts, balance supply and demand, and mitigate costly issues like resource wastage or overstocking. Companies utilising Pigment for Demand & Inventory Planning or Sales & Operations Planning have reported a 20% improvement in forecast accuracy, a 30% reduction in stock levels, and a 4% increase in overall revenue.
With ESG and sustainability becoming increasingly crucial for businesses, Pigment’s updates facilitate seamless reporting on ESG data and performance management. Organisations can now set clear ESG targets, monitor progress, adjust plans accordingly, and simulate scenarios to not only meet but exceed their goals while making informed decisions.
New Features for Efficiency and Security
Pigment has rolled out several updates designed to enhance enterprise efficiency and security. These include a “Test and Deploy” feature, allowing teams to confidently adjust models without disrupting daily operations, alongside streamlined workflows and automated tasks to minimise manual project management. Furthermore, new integrations with enterprise technology, such as a native connector for SAP S/4HANA and connectors for ETL providers like MuleSoft, aim to improve data flow and operational efficiency.
Additionally, the introduction of Audit Logs APIs enhances security and control, while improvements to Excel add-ins facilitate data integration from this widely-used enterprise application.
As Pigment continues to evolve, its commitment to enhancing strategic planning for enterprises demonstrates the growing importance of integrated, data-driven decision-making in today’s complex business environment.