# Top 10 Parallel Alternatives & Competitors
**Average Rating:** 4.9/5
**Total Number of Reviews:** 30
Parallel is not the only option for Financial Analysis Software. Explore other competing options and alternatives. Financial Analysis Software is a widely used technology, and many people are seeking simple, quick software solutions with data visualization, version control, and real-time data updates. Other important factors to consider when researching alternatives to Parallel include ease of use and reliability. The best overall Parallel alternative is HiBob HRIS. Other similar apps like Parallel are Vena, Datarails, Workiva, and Planful. Parallel alternatives can be found in [Financial Analysis Software](https://www.g2.com/categories/financial-analysis) but may also be in [FP&A Software](https://www.g2.com/categories/fp-a-financial-planning-analysis) or [Budgeting and Forecasting Software](https://www.g2.com/categories/budgeting-and-forecasting).


## Best Paid & Free Alternatives to Parallel
  - [HiBob HRIS](https://www.g2.com/products/hibob-hris/reviews)
  - [Vena](https://www.g2.com/products/vena/reviews)
  - [Datarails](https://www.g2.com/products/datarails/reviews)
  - [Workiva](https://www.g2.com/products/workiva-workiva/reviews)
  - [Planful](https://www.g2.com/products/planful/reviews)
  - [Anaplan](https://www.g2.com/products/anaplan/reviews)
  - [Spendesk](https://www.g2.com/products/spendesk/reviews)
  - [Workday Adaptive Planning](https://www.g2.com/products/workday-adaptive-planning/reviews)
  - [LiveFlow](https://www.g2.com/products/liveflow/reviews)
  - [Celonis](https://www.g2.com/products/celonis/reviews)

## Top 10 Alternatives to Parallel Recently Reviewed By G2 Community
Browse options below. Based on reviewer data, you can see how Parallel stacks up to the competition, check reviews from current & previous users in industries like Computer Software, Financial Services, and Retail, and find the best product for your business.


  ### 1. [HiBob HRIS](https://www.g2.com/products/hibob-hris/reviews)
By HiBob
**Average Rating:** 4.5/5
**Total Reviews:** 2,632
Modern HR tech, built for the way people work today: globally, remotely, and collaboratively


Reviewers say compared to Parallel, HiBob HRIS is:
- Slower to reach roi
Categories in common with Parallel: [Financial Analysis](https://www.g2.com/categories/financial-analysis), [Budgeting and Forecasting](https://www.g2.com/categories/budgeting-and-forecasting)

**Compare:** [Parallel vs HiBob HRIS](https://www.g2.com/compare/hibob-hris-vs-parallel-parallel)
**Compare HiBob HRIS with other alternatives:**
- [HiBob HRIS vs Vena](https://www.g2.com/compare/hibob-hris-vs-vena)
- [HiBob HRIS vs Datarails](https://www.g2.com/compare/datarails-vs-hibob-hris)
- [HiBob HRIS vs Workiva](https://www.g2.com/compare/hibob-hris-vs-workiva-workiva)
- [HiBob HRIS vs Planful](https://www.g2.com/compare/hibob-hris-vs-planful)
- [HiBob HRIS vs Anaplan](https://www.g2.com/compare/anaplan-vs-hibob-hris)
- [HiBob HRIS vs Spendesk](https://www.g2.com/compare/hibob-hris-vs-spendesk)
- [HiBob HRIS vs Workday Adaptive Planning](https://www.g2.com/compare/hibob-hris-vs-workday-adaptive-planning)
- [HiBob HRIS vs LiveFlow](https://www.g2.com/compare/hibob-hris-vs-liveflow)
- [HiBob HRIS vs Celonis](https://www.g2.com/compare/celonis-vs-hibob-hris)

  ### 2. [Vena](https://www.g2.com/products/vena/reviews)
By Vena Solutions
**Average Rating:** 4.5/5
**Total Reviews:** 480
Vena’s corporate performance management software combines native Microsoft® Excel® with the sophisticated workflow, audit capabilities, business rules and central database of an enterprise-class solution.


Reviewers say compared to Parallel, Vena is:
- Slower to reach roi
Categories in common with Parallel: [Financial Analysis](https://www.g2.com/categories/financial-analysis), [Budgeting and Forecasting](https://www.g2.com/categories/budgeting-and-forecasting)

**Compare:** [Parallel vs Vena](https://www.g2.com/compare/parallel-parallel-vs-vena)
**Compare Vena with other alternatives:**
- [Vena vs HiBob HRIS](https://www.g2.com/compare/hibob-hris-vs-vena)
- [Vena vs Datarails](https://www.g2.com/compare/datarails-vs-vena)
- [Vena vs Workiva](https://www.g2.com/compare/vena-vs-workiva-workiva)
- [Vena vs Planful](https://www.g2.com/compare/planful-vs-vena)
- [Vena vs Anaplan](https://www.g2.com/compare/anaplan-vs-vena)
- [Vena vs Spendesk](https://www.g2.com/compare/spendesk-vs-vena)
- [Vena vs Workday Adaptive Planning](https://www.g2.com/compare/vena-vs-workday-adaptive-planning)
- [Vena vs LiveFlow](https://www.g2.com/compare/liveflow-vs-vena)
- [Vena vs Celonis](https://www.g2.com/compare/celonis-vs-vena)

  ### 3. [Datarails](https://www.g2.com/products/datarails/reviews)
By Datarails
**Average Rating:** 4.6/5
**Total Reviews:** 371
Data Integrity for Spreadsheets. Datarails is a spreadsheet management solution for financial organizations.


Reviewers say compared to Parallel, Datarails is:
- Slower to reach roi
Categories in common with Parallel: [Financial Analysis](https://www.g2.com/categories/financial-analysis), [Budgeting and Forecasting](https://www.g2.com/categories/budgeting-and-forecasting)

**Compare:** [Parallel vs Datarails](https://www.g2.com/compare/datarails-vs-parallel-parallel)
**Compare Datarails with other alternatives:**
- [Datarails vs HiBob HRIS](https://www.g2.com/compare/datarails-vs-hibob-hris)
- [Datarails vs Vena](https://www.g2.com/compare/datarails-vs-vena)
- [Datarails vs Workiva](https://www.g2.com/compare/datarails-vs-workiva-workiva)
- [Datarails vs Planful](https://www.g2.com/compare/datarails-vs-planful)
- [Datarails vs Anaplan](https://www.g2.com/compare/anaplan-vs-datarails)
- [Datarails vs Spendesk](https://www.g2.com/compare/datarails-vs-spendesk)
- [Datarails vs Workday Adaptive Planning](https://www.g2.com/compare/datarails-vs-workday-adaptive-planning)
- [Datarails vs LiveFlow](https://www.g2.com/compare/datarails-vs-liveflow)
- [Datarails vs Celonis](https://www.g2.com/compare/celonis-vs-datarails)

  ### 4. [Workiva](https://www.g2.com/products/workiva-workiva/reviews)
By Workiva
**Average Rating:** 4.5/5
**Total Reviews:** 2,147
Workiva (NYSE:WK) Wdesk is a cloud-based productivity platform for enterprises that collect, link, report, and analyze business data with control and accountability.


Reviewers say compared to Parallel, Workiva is:
- Slower to reach roi
Categories in common with Parallel: [Budgeting and Forecasting](https://www.g2.com/categories/budgeting-and-forecasting)

**Compare:** [Parallel vs Workiva](https://www.g2.com/compare/parallel-parallel-vs-workiva-workiva)
**Compare Workiva with other alternatives:**
- [Workiva vs HiBob HRIS](https://www.g2.com/compare/hibob-hris-vs-workiva-workiva)
- [Workiva vs Vena](https://www.g2.com/compare/vena-vs-workiva-workiva)
- [Workiva vs Datarails](https://www.g2.com/compare/datarails-vs-workiva-workiva)
- [Workiva vs Planful](https://www.g2.com/compare/planful-vs-workiva-workiva)
- [Workiva vs Anaplan](https://www.g2.com/compare/anaplan-vs-workiva-workiva)
- [Workiva vs Spendesk](https://www.g2.com/compare/spendesk-vs-workiva-workiva)
- [Workiva vs Workday Adaptive Planning](https://www.g2.com/compare/workday-adaptive-planning-vs-workiva-workiva)
- [Workiva vs LiveFlow](https://www.g2.com/compare/liveflow-vs-workiva-workiva)
- [Workiva vs Celonis](https://www.g2.com/compare/celonis-vs-workiva-workiva)

  ### 5. [Planful](https://www.g2.com/products/planful/reviews)
By Planful
**Average Rating:** 4.3/5
**Total Reviews:** 508
Planful (formerly Host Analytics) is a leading financial planning and analysis (FP&A) cloud platform that enables customers to achieve the vision of Continuous Planning.


Reviewers say compared to Parallel, Planful is:
- Slower to reach roi
Categories in common with Parallel: [Budgeting and Forecasting](https://www.g2.com/categories/budgeting-and-forecasting)

**Compare:** [Parallel vs Planful](https://www.g2.com/compare/parallel-parallel-vs-planful)
**Compare Planful with other alternatives:**
- [Planful vs HiBob HRIS](https://www.g2.com/compare/hibob-hris-vs-planful)
- [Planful vs Vena](https://www.g2.com/compare/planful-vs-vena)
- [Planful vs Datarails](https://www.g2.com/compare/datarails-vs-planful)
- [Planful vs Workiva](https://www.g2.com/compare/planful-vs-workiva-workiva)
- [Planful vs Anaplan](https://www.g2.com/compare/anaplan-vs-planful)
- [Planful vs Spendesk](https://www.g2.com/compare/planful-vs-spendesk)
- [Planful vs Workday Adaptive Planning](https://www.g2.com/compare/planful-vs-workday-adaptive-planning)
- [Planful vs LiveFlow](https://www.g2.com/compare/liveflow-vs-planful)
- [Planful vs Celonis](https://www.g2.com/compare/celonis-vs-planful)

  ### 6. [Anaplan](https://www.g2.com/products/anaplan/reviews)
By Anaplan
**Average Rating:** 4.6/5
**Total Reviews:** 463
Anaplan provides a SaaS business modeling and planning platform for enterprise planning. It serves multiple functions across the business including: Finance, Marketing, Sales, Supply Chain, and Workforce.


Reviewers say compared to Parallel, Anaplan is:
- Slower to reach roi
Categories in common with Parallel: [Budgeting and Forecasting](https://www.g2.com/categories/budgeting-and-forecasting)

**Compare:** [Parallel vs Anaplan](https://www.g2.com/compare/anaplan-vs-parallel-parallel)
**Compare Anaplan with other alternatives:**
- [Anaplan vs HiBob HRIS](https://www.g2.com/compare/anaplan-vs-hibob-hris)
- [Anaplan vs Vena](https://www.g2.com/compare/anaplan-vs-vena)
- [Anaplan vs Datarails](https://www.g2.com/compare/anaplan-vs-datarails)
- [Anaplan vs Workiva](https://www.g2.com/compare/anaplan-vs-workiva-workiva)
- [Anaplan vs Planful](https://www.g2.com/compare/anaplan-vs-planful)
- [Anaplan vs Spendesk](https://www.g2.com/compare/anaplan-vs-spendesk)
- [Anaplan vs Workday Adaptive Planning](https://www.g2.com/compare/anaplan-vs-workday-adaptive-planning)
- [Anaplan vs LiveFlow](https://www.g2.com/compare/anaplan-vs-liveflow)
- [Anaplan vs Celonis](https://www.g2.com/compare/anaplan-vs-celonis)

  ### 7. [Spendesk](https://www.g2.com/products/spendesk/reviews)
By Spendesk
**Average Rating:** 4.6/5
**Total Reviews:** 413
See the cost of effective spend management. From fast growing startups to mid sized businesses with complex spending needs. Find out how Spendesk can help your business spend smarter.


Reviewers say compared to Parallel, Spendesk is:
- Slower to reach roi
Categories in common with Parallel: [Budgeting and Forecasting](https://www.g2.com/categories/budgeting-and-forecasting)

**Compare:** [Parallel vs Spendesk](https://www.g2.com/compare/parallel-parallel-vs-spendesk)
**Compare Spendesk with other alternatives:**
- [Spendesk vs HiBob HRIS](https://www.g2.com/compare/hibob-hris-vs-spendesk)
- [Spendesk vs Vena](https://www.g2.com/compare/spendesk-vs-vena)
- [Spendesk vs Datarails](https://www.g2.com/compare/datarails-vs-spendesk)
- [Spendesk vs Workiva](https://www.g2.com/compare/spendesk-vs-workiva-workiva)
- [Spendesk vs Planful](https://www.g2.com/compare/planful-vs-spendesk)
- [Spendesk vs Anaplan](https://www.g2.com/compare/anaplan-vs-spendesk)
- [Spendesk vs Workday Adaptive Planning](https://www.g2.com/compare/spendesk-vs-workday-adaptive-planning)
- [Spendesk vs LiveFlow](https://www.g2.com/compare/liveflow-vs-spendesk)
- [Spendesk vs Celonis](https://www.g2.com/compare/celonis-vs-spendesk)

  ### 8. [Workday Adaptive Planning](https://www.g2.com/products/workday-adaptive-planning/reviews)
By Workday
**Average Rating:** 4.3/5
**Total Reviews:** 406
The Total Economic Impact™ of Workday Adaptive Planning Workday Adaptive Planning - Financial Planning Datasheet Workday Adaptive Planning Strategic Workforce Planning


Reviewers say compared to Parallel, Workday Adaptive Planning is:
- Slower to reach roi
Categories in common with Parallel: [Budgeting and Forecasting](https://www.g2.com/categories/budgeting-and-forecasting)

**Compare:** [Parallel vs Workday Adaptive Planning](https://www.g2.com/compare/parallel-parallel-vs-workday-adaptive-planning)
**Compare Workday Adaptive Planning with other alternatives:**
- [Workday Adaptive Planning vs HiBob HRIS](https://www.g2.com/compare/hibob-hris-vs-workday-adaptive-planning)
- [Workday Adaptive Planning vs Vena](https://www.g2.com/compare/vena-vs-workday-adaptive-planning)
- [Workday Adaptive Planning vs Datarails](https://www.g2.com/compare/datarails-vs-workday-adaptive-planning)
- [Workday Adaptive Planning vs Workiva](https://www.g2.com/compare/workday-adaptive-planning-vs-workiva-workiva)
- [Workday Adaptive Planning vs Planful](https://www.g2.com/compare/planful-vs-workday-adaptive-planning)
- [Workday Adaptive Planning vs Anaplan](https://www.g2.com/compare/anaplan-vs-workday-adaptive-planning)
- [Workday Adaptive Planning vs Spendesk](https://www.g2.com/compare/spendesk-vs-workday-adaptive-planning)
- [Workday Adaptive Planning vs LiveFlow](https://www.g2.com/compare/liveflow-vs-workday-adaptive-planning)
- [Workday Adaptive Planning vs Celonis](https://www.g2.com/compare/celonis-vs-workday-adaptive-planning)

  ### 9. [LiveFlow](https://www.g2.com/products/liveflow/reviews)
By LiveFlow
**Average Rating:** 4.9/5
**Total Reviews:** 332
LiveFlow is an FP&A platform designed for financial professionals working in QuickBooks Online who want to speed up their reporting and consolidation workflows and create live, impactful reporting in minutes.


Reviewers say compared to Parallel, LiveFlow is:
- Slower to reach roi
Categories in common with Parallel: [Financial Analysis](https://www.g2.com/categories/financial-analysis), [Budgeting and Forecasting](https://www.g2.com/categories/budgeting-and-forecasting)

**Compare:** [Parallel vs LiveFlow](https://www.g2.com/compare/liveflow-vs-parallel-parallel)
**Compare LiveFlow with other alternatives:**
- [LiveFlow vs HiBob HRIS](https://www.g2.com/compare/hibob-hris-vs-liveflow)
- [LiveFlow vs Vena](https://www.g2.com/compare/liveflow-vs-vena)
- [LiveFlow vs Datarails](https://www.g2.com/compare/datarails-vs-liveflow)
- [LiveFlow vs Workiva](https://www.g2.com/compare/liveflow-vs-workiva-workiva)
- [LiveFlow vs Planful](https://www.g2.com/compare/liveflow-vs-planful)
- [LiveFlow vs Anaplan](https://www.g2.com/compare/anaplan-vs-liveflow)
- [LiveFlow vs Spendesk](https://www.g2.com/compare/liveflow-vs-spendesk)
- [LiveFlow vs Workday Adaptive Planning](https://www.g2.com/compare/liveflow-vs-workday-adaptive-planning)
- [LiveFlow vs Celonis](https://www.g2.com/compare/celonis-vs-liveflow)

  ### 10. [Celonis](https://www.g2.com/products/celonis/reviews)
By Celonis
**Average Rating:** 4.5/5
**Total Reviews:** 322
Since 2011, Celonis has helped thousands of the world’s largest and most esteemed companies yield immediate cash impact, radically improve customer experience, and reduce carbon emissions. Its Process Intelligence platform uses industry-leading process mining technology and AI to present companies with a living digital twin of their end-to-end processes. For the first time, everyone in an organization has a common language for how the business runs, visibility into where value is hiding, and the ability to capture it. Celonis is headquartered in Munich, Germany and New York City, USA with more than 20 offices worldwide. Find out more at celonis.com


Reviewers say compared to Parallel, Celonis is:
- Slower to reach roi
Categories in common with Parallel: [Financial Analysis](https://www.g2.com/categories/financial-analysis)

**Compare:** [Parallel vs Celonis](https://www.g2.com/compare/celonis-vs-parallel-parallel)
**Compare Celonis with other alternatives:**
- [Celonis vs HiBob HRIS](https://www.g2.com/compare/celonis-vs-hibob-hris)
- [Celonis vs Vena](https://www.g2.com/compare/celonis-vs-vena)
- [Celonis vs Datarails](https://www.g2.com/compare/celonis-vs-datarails)
- [Celonis vs Workiva](https://www.g2.com/compare/celonis-vs-workiva-workiva)
- [Celonis vs Planful](https://www.g2.com/compare/celonis-vs-planful)
- [Celonis vs Anaplan](https://www.g2.com/compare/anaplan-vs-celonis)
- [Celonis vs Spendesk](https://www.g2.com/compare/celonis-vs-spendesk)
- [Celonis vs Workday Adaptive Planning](https://www.g2.com/compare/celonis-vs-workday-adaptive-planning)
- [Celonis vs LiveFlow](https://www.g2.com/compare/celonis-vs-liveflow)


---
## Parallel Alternatives FAQs

### How does Parallel compare to Vena?

According to G2 data, [Parallel](https://www.g2.com/products/parallel-parallel/reviews) holds a superior average rating of 4.9/5 from 30 reviews compared to [Vena](https://www.g2.com/products/vena/reviews)'s 4.5/5 across 476 reviews. Parallel outperforms Vena across all key reviewer-rated dimensions with notable leads: 0.7 points higher in Meeting Requirements (9.5 vs 8.8), 1.1 points in Usability (9.6 vs 8.5), 1.3 points in Setup Ease (9.3 vs 8.0), 1.5 points in Ease of Admin (10.0 vs 8.5), 0.9 points in Support (9.9 vs 9.0), and 0.9 points in Ease of Doing Business (10.0 vs 9.1). Parallel users frequently praise its forecasting capabilities (6 mentions), efficiency (4 mentions), customer support (4 mentions), ease of use (4 mentions), and quick setup (3 mentions). Conversely, Vena is highly appreciated for its Excel integration (59 mentions), ease of use (110 mentions), extensive features (51 mentions), and reporting capabilities (48 mentions). Parallel's customer feedback highlights a founder-friendly, intuitive platform with fast scenario modeling and responsive support, while Vena emphasizes scalability, Excel familiarity, and strong workflow controls but with a steeper learning curve and occasional performance issues. Overall, Parallel offers a more streamlined, user-friendly experience with higher satisfaction scores, whereas Vena provides robust Excel-based flexibility suited for larger, complex organizations.



### What are the best alternatives to Parallel?

The best alternatives to Parallel include [Vena](https://www.g2.com/products/vena/reviews) (4.5/5 stars, 476 reviews), [Workiva](https://www.g2.com/products/workiva-workiva/reviews) (4.5/5 stars, 2145 reviews), [Planful](https://www.g2.com/products/planful/reviews) (4.3/5 stars, 500 reviews), and [Anaplan](https://www.g2.com/products/anaplan/reviews) (4.6/5 stars, 458 reviews). These platforms offer robust financial analysis and planning capabilities with extensive user bases and high satisfaction ratings.



### What features do alternatives offer that Parallel does not?

Parallel lacks some advanced reporting capabilities, CRM integration, comprehensive visualization options, and features for tracking changes made by other users, which are present in alternatives.



### Which Financial Analysis tools do reviewers recommend instead of Parallel?

Reviewers recommend [Vena](https://www.g2.com/products/vena/reviews) for its intuitive Excel integration, advanced workflow, audit capabilities, and AI-driven financial insights. [Workiva](https://www.g2.com/products/workiva-workiva/reviews) is favored for its cloud-based collaboration, real-time data linking, comprehensive audit trails, and SEC reporting features. [Planful](https://www.g2.com/products/planful/reviews) is praised for its ease of use, dynamic reporting, automation, and strong consolidation capabilities. [Anaplan](https://www.g2.com/products/anaplan/reviews) stands out for its real-time connected planning, multidimensional modeling, scalability, and flexible scenario analysis. These tools provide broader feature sets and scalability compared to Parallel, making them preferred choices for comprehensive financial analysis and planning.



### Why do users choose Vena over Parallel?

Users choose [Vena](https://www.g2.com/products/vena/reviews) over Parallel primarily for its deep integration with Microsoft Excel, which is cited in 59 reviews as a major advantage, enabling finance teams to leverage familiar spreadsheet functionality while benefiting from centralized data management. Vena's flexibility and scalability allow it to handle complex multi-entity, multi-currency financial planning and reporting needs, making it suitable for larger organizations with evolving structures. The platform's strong workflow automation, audit trails, and collaboration features enhance control and accountability across departments. Additionally, Vena's extensive feature set, including advanced reporting and scenario planning, is valued by users (51 mentions). Its ability to connect with various ERP systems and support real-time collaboration further attracts users seeking an enterprise-grade FP&A solution. Despite a steeper learning curve and setup complexity, Vena's Excel-based interface reduces user resistance and facilitates adoption among finance professionals. These factors, combined with robust customer support and continuous innovation, drive users to select Vena when prioritizing scalability, Excel compatibility, and comprehensive financial management capabilities.




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