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200 hours

Cost allocation cycle time reduction

As published on pigment.com, September 2026. Captured by usedby on Oct 8, 2026.

What happened

Cross River's finance team uses Pigment for cost allocation, board reporting, and budgeting and forecasting. It produces historical and forecast P&L statements across clients and products, replacing Excel workbooks and a legacy planning tool.

Summary written by usedby from the source page, in English. The figures are those of Pigment and Cross River, not ours.

  • 28“Eliminated 28 Excel workbooks”
  • 40%“Accelerated Board reporting delivery by 40%”
  • 100+“Enabled self-service profitability analysis across 100+ clients and 25 products”

Cost allocation cycles save ~200 hours and continue toward real-time through automated Workday integrations. Board reporting cycle time improved by 40%.

From the page. pigment.com, captured Oct 8, 2026

Pigment has enabled us to accelerate the delivery of business insights. We are evolving from a reporting tool into an interactive analytical engine with multiple scenarios.

Andrew Chau, SVP – Head of Financial Planning & Analysis, Cross River. Source, captured Oct 8, 2026

What the story claims, and what we checked

We compared the story with its live page on Oct 8, 2026.

  • The figure: 200 hoursCheckedThe figure is on the page; its label is our wording.
  • The passage quoted aboveCheckedCopied word for word from the page, near the name of Cross River.
  • The publication dateCheckedRead from the page’s own metadata, never guessed.
  • Cross River uses PigmentCheckedConfirmed line. Latest check across sources: Oct 8, 2026.
  • The result itselfNot checkedWe quote it; we did not measure it.

Same company, same tool or same industry.

80%“That’s at least a 80% reduction in effort, and more importantly, I can now focus on analysis and decision-making rather than data crunching.”Danone uses Pigment. Another customer of Pigment10 times“I’d estimate we’re at least 10 times more efficient during the planning process.”Bolt uses Pigment. Another customer of Pigment12 hours“saves analysts around 12 hours every month on reporting tasks alone”Fivetran uses Pigment. Another customer of Pigment