Choosing the Right EPM Solution with Expert Independent EPM Consultants

About Lime SMA

For UK finance leaders, selecting the right Enterprise Performance Management (EPM) solution and EPM Consultants to partner with, is a critical decision that can make or break strategic planning. The market is brimming with options, yet finding a platform that aligns with your organisation’s unique needs – without being swayed by flashy vendor demos, remains a challenge. This is where Bolt Consulting, a leading team of independent advisors, operating as Anaplan consultants, Pigment consultants, IBM consultants and importantly, independent EPM consultants, steps in. Our technology-agnostic expertise ensures your finance team finds an EPM solution that delivers measurable results, tailored to your business.

The Challenge: Navigating EPM Vendor Overload

Finance teams face a common pain point: the overwhelming array of EPM vendors promising transformative budgeting, forecasting, and reporting capabilities.
 
Some of them are absolutely capable of fulfilling their promises, but the equation to success doesn’t always lie in features and dashboards. The mechanics behind the scenes often times play a crucial role in determining good fit with your business.
 
Sometimes, generic pitches often overlook critical factors like integration with existing systems, user adoption, or scalability. A poor choice can lead to costly implementations, disrupted workflows, or systems that fail to deliver actionable insights. For finance buying committees, the stakes are high – every investment must deliver clear ROI and support long-term goals.

Why choose Bolt Consulting’s EPM Expertise?

At Bolt Consulting, our EPM consultants take a business-first approach, prioritising your unique needs over vendor agendas. Whether you’re exploring Anaplan for dynamic planning or Pigment for their latest agentic AI capabilities, IBM for their proven planning analytics solutions, or any host of others, we guide you through the entire vendor selection process with clarity and precision. Our technology-agnostic stance means we evaluate platforms like Anaplan, Pigment, IBM, Workday, Planful and others based on your specific requirements – be it seamless data integration, user-friendly interfaces, or scalability for future growth. We do so with the entire search conducted around your unique business requirements, which encompasses existing systems, data architecture, reporting needs, people, processes and goals. 
 
Our process begins with a deep dive into your organisation’s challenges. Are you a retail business struggling with fragmented data across regions? Or a manufacturing firm needing real-time forecasting to navigate supply chain volatility? An insurance company looking to increase profitability and manage risk? Our consultants assess your workflows, data ecosystem, and strategic goals to recommend an EPM solution that fits today and scales tomorrow. We focus on practical outcomes: streamlined budgeting cycles, enhanced forecasting accuracy, and simplified compliance reporting. Many of our clients boast significantly shorter month-end closes, an ability to reduce operational costs, increase sales revenue through better resource allocation, and better employee wellbeing through workforce planning. With integrated data flows, reporting is updated in near real-time, so the latest data is always at your finger tips.

Real Results: A Case Study in EPM Success

Consider a recent client of Bolt Consulting’s – Turnitin, an AI SaaS company in the education space, who needed guidance over the entire end-to-end framework of EPM. 

Bolt Consulting conducted the thorough review of their existing landscape, before undertaking an appraisal of the market, and offering impartial advice around selection. Throughout the engagement, the project team outlined the pro’s and con’s that Turnitin might face throughout the entire lifecycle of ownership of their technology of choice. This meant considering not only platform limitations, commercials, but putting in place plans around enablement and ensuring end-user teams were comfortable using and scaling in the environment. Once the technology choice was secured, with Bolt Consulting acting as vendor liaison, we were trusted to implement the solution following best practices in model building for scalable architecture.

Turnitin have uncovered many benefits of the Pigment solution, and since go-live have signed up to our Admin-as-a-Service offering for continued support.

This was all made possible through the independent nature of our methodology – client success is always at the forefront of our ambitions in any client environment.

How Bolt Consulting Stands Out

 

The reality of direct vendor engagement often presents a biased and polished perspective. This isn’t to suggest vendors hide issues beneath their demos, but rather to highlight that the full reality of ownership – including all the pros and cons – should be clear to every client at the start of the lifecycle. Clients should understand the alternatives available in the marketplace and identify what will work best for their business.
 
That’s what Bolt Consulting does differently. Our impartial advisory service helps you select a solution that aligns with your infrastructure, empowers your team, and delivers tangible value. By choosing a platform this way, you’re not ‘locked in’ with a vendor – rather, you’re confident in staying and scaling with them.

An Opportunity to Assess

For business teams that are ready to find the right EPM solution for the business, partnering with Bolt Consulting could mean the difference between success and failure of your project. Our expert EPM consultants partner with you every step of the way, making sure you get value from your investment in EPM.

Contact us today to see how we can help you.

Lime Syndicate Managing Agency was born out of a desire to provide a cost-effective, efficient and technology-led managing agency by providing support and guidance to new syndicate propositions and a genuine alternative to those currently operating at Lloyd’s. Lime is a cost-effective, technology-driven Lloyd’s managing agency, offering a unique, client-focused service to both new syndicate proposals and established Lloyd’s syndicates.

Problem

After establishing themselves on the Lloyd’s managing agency market and starting operations, Lime had encountered significant hurdles in its planning processes due to its heavy reliance on Excel workbooks.

While these workbooks offered flexibility, they lacked advanced features needed for complex premium planning, risk and loss ratio projection, and strategic planning, leading to inefficiencies. Coupled with the limitations in automation and data analysis in spreadsheets often resulted in manual data handling, increasing error risks and slowing down plan adjustments.

The Chief Operating Officer (COO) of Lime SMA was well aware of the pitfalls of excel processes from previous roles and was determined to start afresh with Lime implementing a modelling platform from day one.

The demand for comprehensive, timely reporting for strategic, regulatory, and investor purposes necessitated a shift to more sophisticated, unified tools beyond Excel workbooks.

Solution

Lime SMA wanted to move away from Excel to an EPM software platform that was fit for purpose now and for the foreseeable future. They decided Pigment was the best EPM solution on the market to cover a range of use cases – initially an Insurance Planning Model, a Financial Reporting Model and a Centralised Hub – and they chose to partner with Bolt Consulting because of their extensive experience in implementing Pigment models and insurance expertise.

Lime SMA and Bolt adopted a co-build approach to the project implementation. By taking some responsibility for building models, Lime SMA was able to learn how to build in Pigment while drawing on Bolt’s extensive knowledge and expertise as and when they had questions.

This collaborative approach was instrumental to the enablement of the Lime SMA Team to ensure greater adoption and self-sufficiency post Professional Services engagement with Bolt Consulting.

Pigment works from a single workspace with interconnected models that can directly reference each other. This enables instant update of information across all models – a solution that is simple to set up and easy to secure and administer.

Data automation and integration from source systems to Pigment allows Lime SMA to maintain data accuracy, while the scenario planning capabilities in Pigment gives Lime SMA maximum flexibility for modelling the impact of changes to the business. This is crucial in any successful EPM solution and something that Pigment manages with ease.

The Results

Lime SMA wanted to move away from Excel to an EPM software platform that was fit for purpose now and for the foreseeable future. They decided Pigment was the best EPM solution on the market to cover a range of use cases – initially an Insurance Planning Model, a Financial Reporting Model and a Centralised Hub – and they chose to partner with Bolt Consulting because of their extensive experience in implementing Pigment models and insurance expertise.

Lime SMA and Bolt adopted a co-build approach to the project implementation. By taking some responsibility for building models, Lime SMA was able to learn how to build in Pigment while drawing on Bolt’s extensive knowledge and expertise as and when they had questions.

This collaborative approach was instrumental to the enablement of the Lime SMA Team to ensure greater adoption and self-sufficiency post Professional Services engagement with Bolt Consulting.

Pigment works from a single workspace with interconnected models that can directly reference each other. This enables instant update of information across all models – a solution that is simple to set up and easy to secure and administer.

Data automation and integration from source systems to Pigment allows Lime SMA to maintain data accuracy, while the scenario planning capabilities in Pigment gives Lime SMA maximum flexibility for modelling the impact of changes to the business. This is crucial in any successful EPM solution and something that Pigment manages with ease.

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