Pigment vs Abacum

by Gralio Feb 17, 2025

Pigment and Abacum are both planning platforms but cater to different needs. Pigment is a more comprehensive business planning tool, while Abacum specializes in financial planning and analysis. Both offer real-time data integration, but Pigment emphasizes broader departmental use, while Abacum prioritizes financial reporting automation.

At Gralio.ai we help to simplify your decision-making process by offering detailed, side-by-side software comparisons like this one, to help you confidently choose the tool that aligns with your business goals.

This comparison was created by analysing 181 reviews and 60 websites, saving 1 hour, 30 minutes of reading.

Pigment

Website LinkedIn Twitter

Abacum

Website LinkedIn

About

Pigment is a cloud-based planning platform designed to help businesses make informed decisions. Combining data visualization and AI-driven analysis, it allows teams in finance, sales, HR, and supply chain management to build and adapt plans in real time. Pigment integrates with existing business applications, providing a centralized hub for data-driven planning and forecasting. It's designed for mid-sized to large companies across various industries seeking to streamline planning processes and improve agility.

Abacum is financial planning software designed to help mid-sized and growing companies automate their financial reporting and analysis. It connects to data sources like your ERP and CRM to provide a real-time view of your finances. With Abacum, you can create budgets, forecasts, and scenarios more efficiently than with spreadsheets, and easily share reports across your company. Abacum aims to reduce time spent on manual tasks and provide greater confidence in your financial data.

Summary

Main difference

Pigment offers broader business planning across various departments like finance, sales, HR, and supply chain, while Abacum focuses specifically on financial planning and analysis. Pigment is better for companies needing a holistic planning platform, whereas Abacum is ideal for those prioritizing financial reporting and automation.

Relative strengths of Pigment (compared to Abacum)

Wider range of planning capabilities beyond finance (sales, HR, supply chain, etc.)
Real-time data sharing and collaboration features
Stronger emphasis on data visualization and AI-driven insights

Relative weaknesses of Pigment (compared to Abacum)

Steeper learning curve and more complex interface
Limited pre-built templates and reporting options
Less focused on automated financial reporting compared to Abacum

What companies are using Pigment and Abacum?

Who should use Pigment VS. Abacum

Pigment is a powerful cloud-based planning platform ideal for mid-sized to large businesses, especially in finance and technology. Users praise its real-time data integration, collaboration features, and excellent customer support. However, some find the initial learning curve steep and desire more pre-built templates. Pigment helps companies optimize business planning and analysis for data-driven decision-making.

Abacum helps mid-sized companies automate financial reporting and analysis. It connects to ERP and CRM systems for real-time financial visibility, enabling efficient budgeting, forecasting, and scenario planning. Users praise its intuitive interface and responsive customer support, while some note the complexity of large models and limited pre-built templates.

Best fit for medium-sized businesses.
A good fit across various industries.

Best fit for medium-sized businesses looking to streamline financial planning.
Ideal for finance and technology companies seeking improved FP&A processes.

Pigment and Abacum features

Supported

Partially supported

Not supported

Type in the name of the feature or in your own words tell us what you need

Automated Financial Reporting

Supported

Pigment automates financial reporting by connecting to various source systems and consolidating data.

Supported

Abacum automates financial reporting, reducing manual data gathering and errors.
Real-time Dashboards

Supported

Pigment offers real-time dashboards for instant insights into key financial metrics.

Supported

Abacum offers real-time dashboards for instant insights and data-driven decisions.
Scenario Planning

Supported

Pigment supports scenario planning, allowing finance teams to model different scenarios and assess their impact.

Supported

Abacum supports scenario planning for proactive decision-making and risk mitigation.
Data automation

Partially supported

Pigment offers automation features, but scheduling reports is not explicitly confirmed.

Supported

Abacum supports automated data processing tasks, including scheduling reports. This is confirmed by multiple sources describing its ability to automate reporting processes, provide real-time reporting, and allow users to schedule and automate their reporting workflows.
Drill-down capability

Supported

Pigment allows drilling down into data details from reports and dashboards, enhanced by AI.

Supported

Abacum supports drill-down capabilities in their reports and dashboards, as evidenced by their website and marketing materials. Users can move from a high-level overview to granular data, including source transactions, to understand the drivers behind the numbers.
Real time data sharing

Supported

Pigment allows real-time data sharing and collaboration for all users.

Supported

Abacum supports real-time data sharing and collaboration through dashboards and workflows.

Qualities

Value and Pricing Transparency

No data

No data
Customer Service

+1

Strongly positive sentiment

+1

Strongly positive sentiment
Ease of Use

+0.5

Rather positive sentiment

+0.94

Strongly positive sentiment
Reliability and Performance

No data

+0.67

Rather positive sentiment
Ease of Implementation

No data

+0.57

Rather positive sentiment
Scalability

No data

+0.33

Rather positive sentiment

Pigment and Abacum Pricing

No data

User sentiment

Strongly negative

-1

See full Pricing page

No data

User sentiment

Strongly positive

We couldn't find a pricing page for Abacum.

Pigment and Abacum review insights

181 reviews analysed from

Users love

Flexible and powerful reporting and modeling capabilities.
Real-time data integration and collaboration.
Excellent customer support and responsiveness.
Frequent product updates and new feature releases.
User-friendly interface for data visualization and analysis.

Customizable reporting features for different stakeholders
Real-time data integration from various sources (HRIS, ERP, CRM)
Intuitive and user-friendly interface for building and manipulating data
Exceptional and responsive customer support
Flexible for various needs with workarounds for undeveloped features
Significant time savings in monthly reporting and planning

Users dislike

Difficult initial learning curve due to new formulas and syntax.
Limited formatting options for reports and dashboards.
Lack of pre-built templates and reporting.
Complexity with user access rights management.
Occasional slowness with large datasets.

Large models can be difficult to navigate
Limited pre-built templates for modeling and reporting
Limited customization for version module
Some dynamic items are still missing, such as dynamic filters, formatting limitations, and easy scenario switching

Pigment and Abacum Ratings

G2

4.6/5

(80)
Glassdoor

4.6/5

(60)

G2

4.8/5

(103)
Glassdoor

4.5/5

(45)

Company health

Employee growth

46% increase in the last year

1% increase in the last year

Web traffic

7% increase in the last quarter

14% decrease in the last quarter

Financing

December 2023 - $396M

August 2021 - $32M

How do Pigment and Abacum differ in real-time reporting capabilities?

Both Pigment and Abacum offer real-time reporting capabilities. While both connect to various data sources to provide up-to-date information, Abacum emphasizes automated financial reporting specifically, reducing manual processes. Pigment focuses on real-time data sharing and collaboration across teams for planning and forecasting.

Which product better supports complex, multi-departmental planning?

Pigment is the better choice for complex, multi-departmental planning. While both products offer financial planning capabilities, Pigment explicitly states its ability to support planning across finance, sales, HR, and supply chain management. This suggests a broader focus on enterprise-wide planning compared to Abacum, which primarily emphasizes financial planning and analysis. Pigment's real-time data sharing feature further enhances its suitability for multi-departmental collaboration.

What are the advantages of Pigment?

Pigment offers superior real-time data sharing and collaboration features, enabling all users to access and work with the latest data simultaneously. Users praise Pigment's flexible reporting and modeling capabilities, frequent product updates, and responsive customer support. While it has a steeper initial learning curve, its focus on real-time data and agile planning makes it advantageous for businesses needing dynamic planning and forecasting.

What are the disadvantages of Pigment?

Pigment's disadvantages include a steeper initial learning curve due to its unique formulas and syntax, limited formatting options for reports and dashboards, a lack of pre-built templates, complexities in managing user access rights, and occasional slow performance when handling large datasets.

Alternatives to Pigment and Abacum

Anaplan

Anaplan is cloud-based planning software for making smarter business decisions. It connects data, people, and plans in one place, giving you real-time insights to make faster, more informed decisions. Designed for large and mid-sized companies across various industries, Anaplan helps you forecast outcomes, analyze different scenarios, and adapt your plans as needed.

Vareto

Vareto is a cloud-based financial planning and analysis (FP&A) platform designed for mid-sized and growing businesses. It provides tools for budgeting, forecasting, reporting, and data visualization all within a single platform. Vareto aims to replace spreadsheets with its intuitive and collaborative interface that connects to your existing business systems. Key features include real-time data integration, customizable reporting, and easy collaboration for teams to build, analyze, and share financial plans. Vareto prides itself on a quick implementation process and dedicated customer support to help businesses get started quickly.

Runway Financial

Runway Financial is a cloud-based financial planning software designed for mid-sized businesses. It offers tools for budgeting, forecasting, financial modeling, reporting, and scenario planning. Runway aims to simplify financial processes with an intuitive interface and automation features, such as integrations with accounting and HR systems for automatic data updates. Runway emphasizes collaborative planning, allowing teams to work together and create shareable reports.

Board

Board is an enterprise planning platform that helps businesses make better decisions. It offers solutions for finance, supply chain, sales, retail, manufacturing, and consumer packaged goods. Board consolidates data and uses AI and analytics to provide insights and improve planning. It's known for its user-friendly interface, security, and scalability, making it suitable for large companies. Global brands like Coca-Cola and Toyota use Board to improve their planning processes.

Jedox

Jedox is a financial planning and performance management software designed for mid-size to large businesses. It helps you budget, forecast, and analyze your financial and operational data in one place. Jedox is known for being adaptable, letting you connect data from various sources and create custom reports. Its Excel-like interface makes it easy to use, even for non-technical users. Jedox aims to streamline your financial processes, improve collaboration, and support data-driven decision making.

Workday Adaptive Planning

Workday Adaptive Planning is a cloud-based planning software that helps businesses of all sizes make better decisions. The platform uses AI and machine learning to automate and streamline financial, workforce, and operational planning. This allows you to create accurate budgets, forecasts, and models in less time. Workday Adaptive Planning is known for its easy-to-use interface, powerful analytics, and flexible reporting tools, and boasts high customer satisfaction.

Page co-authored by

Michal Kaczor

CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

Tymon Terlikiewicz

CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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