See Pigment in action
The best way to understand what Pigment could do for you is to see it in motion. Sign up for a personalized demo with our team today.
“Our Management team uses Pigment to measure the impact of hiring on growth and budget, as well as to make key hiring decisions - optimal time to hire."
Through Pigment, Virtuo has been able to:
Virtuo is the new generation of car rental companies. The company’s mission is to offer the best car rental experience that frees people and cities from the burden of car ownership. It operates in six countries: the United Kingdom, France, Italy, Spain, and new offices in Germany and Portugal.
Having multiplied its headcount by two and its turnover by four over the last two years, Virtuo was looking for an FP&A planning tool that could scale with changing models and support exponential database growth.
By looking at Virtuo's path over the last two years, you can envision an incredibly fast-growing company:
And with that growth came the inherent challenges of an FP&A team working with Google Sheets, that couldn’t scale as fast as the business.
The time was ripe for a scaled FP&A process. Virtuo deployed Pigment to save more time for actionable analysis. As a result, the company was able to drive the business by providing fast, up-to-date insights to the leadership team.
For fast-growing companies, agility is key. And the function of agile business planning is to:
By using Pigment, Virtuo has been able to:
Virtuo loves the stability and agility of the product. Presenting their numbers with Google Slides, they faced the limits of Google Suite.
Before using Pigment, creating new scenarios to analyze the sensitivity of one particular assumption was very time-consuming. It required them to create a new file and thus a new presentation if they wanted to keep track of both scenarios.
Now, with Pigment connected through an API to Google Sheets (itself connected to Google Slides), there is no longer a need for manual updates. They can create a new scenario on Pigment and reload it to Google Sheets in one click by running the script to update their Google slides presentation.
After just one month of implementation and training, Virtuo has been able to run its entire Budgeting process on Pigment at a granular level.
The FP&A team has enabled C-suite executives to identify the best growth opportunities for the business by deploying Pigment throughout the organization. This is achieved through a dedicated application with key drivers and scenario features that handle complex assumptions and data points.
The C-suite executives also use dedicated applications to evaluate multiple hiring hypotheses related to headcount and staff costs.
As a next step, the FP&A team is revamping their reporting processes. The team aims to empower stakeholders with access to aggregated inputs and dedicated dashboards to drive their decisions.