Business planning platform Pigment has announced a collaboration with Core Spaces, a vertically integrated residential real estate developer, owner and operator, to utilize Pigment’s intuitive modeling capabilities and collaborative workflows to support complex planning and reporting needs and rapid growth.
Prior to using Pigment, Core Spaces experienced a lack of reporting integration and workflow issues, which created significant inefficiencies. In fact, some teams spent as much as 80% of their time on reporting consolidation. The company sought out a new solution to reduce time spent on budgeting and forecasting and to consolidate reporting functions into a single tool.
Pigment’s scalable platform will enable Core Spaces’ teams to streamline these functions with its easy-to-use interface, flexibility and innovation — creating quicker and more informed business decisions. Core Spaces will not only benefit from having an upgraded business planning solution in place but also from Pigment and Lionpoint’s strategic expertise to help its leadership deliver on its vision of providing purpose-built housing for consumers.
“As Core Spaces continues to experience swift growth, an integrated planning tool that puts everything in one place was long overdue to drive better efficiency, internal controls, transparency, reporting and analytics,” said Merritt Poole, managing director and head of financial planning and analysis at Core Spaces. “Pigment’s market-leading platform and approach to business planning will be transformative for us. We pride ourselves on using the best possible tools and like to find innovators in their own spaces that share our high growth and nimble mentality, making Pigment the perfect choice.”
“Pigment and Core Spaces share an innovative culture that recognizes the importance of the collaborative, agile mindset needed to grow a business in strategic and proactive ways,” said Eléonore Crespo, co-CEO and co-founder at Pigment. “With Pigment’s platform, Core Spaces’ teams can stop spending time on low-value tasks that don’t drive the business forward. Instead, they will benefit from our smarter and more accessible business planning tools, allowing them to align with their rising trajectory and focus on what matters most — bringing their customers a better experience for years to come.”
