Fluence Technologies and Pigment Partner to Offer Consolidation and Business Planning Solutions

Strategic alliance enables the Office of the CFO to combine focused FP&A and financial consolidation solutions to better meet the needs of high-growth organizations

Fluence Technologies, the only provider of purpose-built financial consolidation, close, and reporting software for high-growth businesses, and business planning platform, Pigment, announced a partnership designed to empower organizations and drive strategic decision making.

Read More about AiThority Interview: AiThority Interview with Bill Patterson, EVP and General Manager, Applications at Salesforce

“We are thrilled to partner with Pigment and expand our FP&A technology ecosystem. This collaboration allows us to offer our valued customers a broader range of best-in-class solutions, empowering them to optimize their performance management processes. Together, we are revolutionizing how finance professionals leverage technology to drive strategic decision making.”

The needs of modern finance and accounting teams are no longer being met by legacy ERP and CPM Solutions. Traditional ‘all-in-one’ solutions often result in either finance or accounting conceding on their requirements for the needs of the other. Instead, to meet the demands of high-growth organizations , the Office of the CFO requires best-in-class, integrated solutions to address both their FP&A and financial consolidation and close requirements without compromise.

By joining forces, Fluence Technologies and Pigment empower finance teams to leverage leading finance and accounting capabilities and enable a seamless digital transformation for the entire team. This partnership capitalizes on Fluence Technologies’ deep expertise in financial consolidation, financial close, account reconciliation, narrative reporting, and disclosure management and Pigment’s expertise in helping organizations understand all of their business data, so they can make confident decisions, and react to new scenarios with unprecedented speed and flexibility.

AiThority Interview Insights: How to Get Started with Prompt Engineering in Generative AI Projects

Key highlights of the partnership include:

1. Leveraging Modern Solutions: The collaboration allows customers to harness the combined power of Fluence Technologies’ leading close-to-disclose solution and Pigment’s modern business planning platform. By leveraging these technologies, finance professionals can streamline their performance management processes and unlock valuable business intelligence without compromise.
2. Empowering Finance Teams: The partnership equips the Office of Finance, including CFOs, Controllers, and accounting professionals, with the data they need to uncover strategic business levers, automate financial processes, gain deeper insights into financial performance, and make informed decisions with confidence.

Fluence Technologies’ Vice President of Global Channels, Corey Bidmead, expressed enthusiasm about the partnership, stating, “We are thrilled to partner with Pigment and expand our FP&A technology ecosystem. This collaboration allows us to offer our valued customers a broader range of best-in-class solutions, empowering them to optimize their performance management processes. Together, we are revolutionizing how finance professionals leverage technology to drive strategic decision making.”

Pigment Global Head of Partnerships, Rohan Batra, shared the sentiment, stating, “We are extremely excited about the potential of this partnership and what it can offer our joint customers: best-in-class business planning alongside core consolidation capabilities for enterprise companies. Customers no longer have to compromise to get the best in each category. Alongside the team at Fluence, we’ll be able to further our goal in helping the office of the CFO to make the best decisions for their business with unparalleled speed and agility.”

 Latest AiThority Interview Insights : AiThority Interview with Michael Schmidt, Chief Technology Officer at DataRobot

 [To share your insights with us, please write to sghosh@martechseries.com]