Core Spaces Selects Pigment to Drive Smarter Business Decisions and More Efficient Data Analysis
Pigment, the business planning platform, today 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. Because of this, Core Spaces 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.
Now more than ever, leaders across industries need to make strategic business decisions, plan ahead accurately and mitigate risks while steering their business through challenging markets, amid increasing demands for increased results. Despite these pressures, a recent study showed that 53% of finance leaders feel they lack access to the right tools for the evolving needs of their business. To alleviate these unnecessary pressures, Pigment provides a 360-degree view, allowing them to efficiently collaborate and adapt to change.
Pigment has doubled its customer base over the past year as it continues to expand its offerings with AI and other leading technology. Core Spaces joins a growing list of globally-known clients, including Klarna, Miro, PVH (including brands such as Tommy Hilfiger and Calvin Klein), Airtable, Figma and more, who all use Pigment’s modern, flexible solution to plan, drive growth, and future-proof their business.
Pigment is a business planning platform that provides organizations with the tools needed to intuitively and intelligently build and adapt strategic plans. Industry-leading companies like Klarna, PVH, Webhelp, Figma, and Poshmark use Pigment every day to quickly get an accurate picture of their business, make better decisions, and focus more on executing strategy in a rapidly changing world. Learn more at www.pigment.com
Core Spaces (Core) is more than a real estate company, it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Everything Core does stems from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.
Founded in 2010, Core is a vertically integrated company, focused on acquiring, developing, managing, and lending across the student housing and build-to-rent (“BTR”) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven client service. In its award-winning student portfolio, Core currently owns and/or manages over 37,400 beds – and has a pipeline of over 35,000 beds in various stages of development. Core's BTR division currently has approximately 4,000 homes under development and in its pipeline in high growth metros across the country. For more information, visit www.corespaces.com.
Gartner, Cool Vendors in Capital Investment Management Software, Michelle Carlsen, Vaughan Archer, 10 August 2023
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