According to a recent LinkedIn post from Pigment, EDHEC Business School has shifted from spreadsheet-based budgeting to Pigment’s centralized planning platform. The post indicates that more than 180 employees now use the system, with budget reporting reportedly reduced from hours to minutes.
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The post suggests that this deployment has also increased participation of operational teams in budgeting and forecasting. For investors, such a reference customer may signal product-market fit in complex, distributed organizations and support Pigment’s positioning in the financial planning and analysis software segment.
If similar efficiency gains are replicable across other clients, Pigment could improve customer retention and expand average contract values. The emphasis on long-term autonomy and modernization of financial performance processes may also enhance the company’s competitive standing versus legacy spreadsheet-based workflows and established FP&A vendors.