NoBlue2 acquires Pigment Partner of the Year, Viridian

Finance & Consolidation

The close, run as a system rather than a scramble

Financial consolidation is mechanical: aggregate, eliminate, translate, adjust, report. The rules are stable and well understood, yet the quarterly close still takes weeks and often depends on the one or two people who know where every adjustment lives. We build close and consolidation on Pigment so your controllers spend their time on judgement and exceptions, not on mechanics.

Supporting our customers globally

50+Pigment projects globally
300+EPM deployments
4.85/5Customer satisfaction score (CSAT)
2xPigment Partner of the Year (2024, 2025)

Group scope and structure

Consolidation starts with scope: which entities are included, at what ownership, by which method. When that lives in a spreadsheet maintained by one person, every downstream number inherits its blind spots. We build the scope as the single, versioned definition the whole close runs from.

  • Consolidation method and ownership set per entity, driving eliminations and minority interest automatically
  • Scope held as versions, so an acquisition or ownership change can be modelled before it’s booked
  • Opening position and variation tracked, so changes carry the correct opening balances

Close orchestration and data collection

The close depends on entities submitting on time and passing controls, and in most groups the controller finds out where each one stands by chasing emails. We build the close as something the controller watches live, with exceptions surfacing on day one rather than day twelve.

  • Live data collection status across the group, by entity and geography
  • Validation controls run at submission, so bad data is caught at source
  • A structured workflow to open, close and lock each cycle, with sign-off logged at every gate

Consolidation, eliminations and FX

Intercompany matching, currency translation and adjustments are where the hours of a close actually go, even though the rules themselves are stable. We systematise the execution, so intercompany mismatches are documented before consolidation runs and FX impact can be modelled ahead of time.

  • Intercompany matching during the period, not left until the close
  • Currency translation by rule, with full CTA calculation and the ability to model FX impact in advance
  • An adjustment framework that keeps statutory and management entries separate, with a full audit trail

Statutory & management reporting

Produce both statutory and management views from one set of entity data, so the two are reconciled by construction rather than by manual bridging. Consolidated P&L, balance sheet and cash flow drill straight through to the entity, account and journal behind every number.

  • Statutory and management reporting produced from the same underlying entity data, no separate reconciliation step
  • Consolidated P&L, balance sheet and cash flow with drill-through to entity, account and journal level
  • Role-based reporting views, from board-level group results to entity-level detail, built on one dataset

AI in your close

Because the close runs on one model rather than a chain of spreadsheets, AI can work directly on the manual steps that take the most time, such as intercompany matching and anomaly detection.

Intercompany matching: Automates matching with exception flagging, cutting the investigation that usually consumes the first half of the close.

Anomaly detection: Identifies consolidation anomalies against prior periods and expected ranges as the numbers land.

Submission validation: Pre-validates entity submissions before they enter consolidation, so anomalies are caught at source.

How we deliver Finance & Consolidation software

We start with the part of the close that costs the most time, whether that’s intercompany matching, scope or the statutory-to-management bridge, and prove it against a period you’ve already closed. Your controllers run it from there, adding entities and adjusting the framework as the group changes. For NoBlue2 customers already on NetSuite, Pigment connects directly for scheduled actuals imports, so consolidated reporting draws on the same trusted financial data.

Pigment is trusted by some of the largest organisations, globally

“When you have an EPM system that’s not trusted by the organization, then there is low engagement, which means low quality inputs, and low quality outputs. With Pigment, we managed to gain trust pretty fast, because data is readily available, it’s user friendly, and you see the results fast. We have 800 metrics already in our model, which will continue to grow” “With Pigment, we’ve already seen significant improvements. Tasks that used to take days are now completed in minutes. This has boosted morale within the team, as they feel they now have tools that allow them to showcase their capabilities”

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See what connected finance & consolidation solutions could look like in your business.

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