At a glance
Through Pigment, Algolia has been able to:
- Ditch their cumbersome, error-prone spreadsheet models
- Create swift ROI from their Pigment implementation
- Reduce time spent on what-if analysis by up to 90%
- Create new metrics and models with ease
- Collaborate more effectively with the wider organization
- Absorb change without compromising knowledge of the models and processes
Before Algolia was introduced to Pigment, their capacity and pipeline plan was held in spreadsheets. This created huge barriers to insight and collaboration, which made it difficult for the RevOps team to fulfill their mission of driving efficiency within the organization.
Since choosing Pigment, Algolia has been able to improve efficiency of not only their own processes as a team, but also of the planning and forecasting processes of the revenue organization as a whole.
Spreadsheet models that served as a barrier to efficiency
By doubling down on strategy and providing robust analytics, the RevOps team at Algolia knows they can boost productivity in other parts of the business. But when the processes of achieving those strategies and analytics through spreadsheets proved cumbersome, they knew that they needed a better solution.
Until that point, all of Algolia’s RevOps models lived in spreadsheets. This created difficulties not only for the Operations team, but also for other planning stakeholders and managers throughout the business.
A large portion of the RevOps team’s time was being spent on what-if analyses, which required building new versions of the models for every scenario they wanted to run. This time burden meant they were less responsive and less able to contribute timely insights from that analysis.
Within RevOps, the team found it hard to ramp up their planning across multiple spreadsheets, each with loads of tabs, many different versions, and small, iterative changes between those versions. This made it difficult to illustrate to stakeholders how the plan was built, including both assumptions and output, creating a barrier to collaboration with and buy-in from other parts of the organization.
Further struggles resulting from Algolia’s use of spreadsheets included a lack of version control, the error-prone nature of such a manual process, a disconnect between forecast and actuals for regular updates, and the inability to quickly and accurately create new segments when required.
During the planning period, maintaining the spreadsheets was a full-time job, creating a clear value proposition for implementing a new solution.
Why Pigment was the clear choice for Algolia
As the planning period approached for Algolia, they knew their existing setup would not be able to adequately support them in the long run. And while other tools were up for consideration, Pigment stood out as a clear frontrunner due to both value for money, and the time it would take to realize that value.
Furthermore, Pigment’s ability to connect to their existing tech stack, including NetSuite, Bamboo HR, Salesforce, and Google Sheets, meant that further cross-functional collaboration and planning could be enabled.
The most compelling deciding factor, however, was the ease of use. In one call, a Pigment Solution Consultant was able to demonstrate how to build out a sales capacity use case in the platform, which would have previously taken Algolia weeks to achieve.
Once selecting Pigment, the Algolia team were able to devote their attention to implementation full-time, allowing for an unprecedented two week build of their Sales Capacity, Quota and Pipeline planning and forecasting. This meant they could complete their planning fully in Pigment during Q4, creating a rapid time to value and creating swift return on investment.
Agile, collaborative planning with added peace of mind
Since implementing Pigment, the efficiency of Algolia’s RevOps team has increased significantly. The scenario planning that used to take up to three days can now be done in just a couple of hours, creating a 90% time reduction in what-if analysis, whilst delivering more robust insights to the organization.
Creating new metrics and segments is no longer a cumbersome process, because Pigment makes it easy to adjust or adapt their model based on new requirements.
Having a collaborative planning solution has allowed them to include other key planning stakeholders in the process, including sales and marketing management, with more than 30 users across multiple teams and functions.
As a result, the RevOps team has been able to grow and shift with confidence. For example, when one team member needed to take parental leave, there was no longer any concern over whether the planning and analysis could take place without her, because the models and processes are accessible and easy to understand within Pigment.
As the team at Algolia grows and evolves, so does their use of Pigment. The implementation has been live for over a year, and the team remain firm champions of Pigment’s efficiency and user experience. They are particularly excited about some of Pigment’s newest feature releases, including Scenarios and Templates, to help optimize what is already a hugely efficient planning process. The team is also looking forward to bringing new use cases into Pigment, such as OPEX planning and marketing planning, as well as expanding the integrations they have with other platforms used by the Algolia business organization.