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Parallel

By Parallel

4.9 out of 5 stars
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Parallel Reviews & Product Details

Parallel Integrations

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Parallel Media

Parallel Demo - Dashboard Overview
Get an instant, executive-level view of your company’s financial health. Parallel’s dashboard brings runway, cash balance, revenue, expenses, headcount, and customer count into a single, live view so founders and finance leaders can spot trends, risks, and opportunities at a glance without diggin...
Parallel Demo - Headcount Planning
Model your team with precision. Parallel’s headcount planning lets you visualize current employees, future hires, start dates, compensation, and departmental impact over time so you can confidently plan growth while understanding how every hire affects cash runway and burn.
Parallel Demo - Compare Scenarios and Plans
Compare multiple what-if scenarios side by side in real time. Whether you’re testing hiring plans, raises, or growth assumptions, Parallel makes it easy to see how different decisions impact cash, revenue, expenses, and runway without duplicating models or breaking formulas.
Parallel Demo - Scenario Mode
Test changes without committing them to your core model. Scenario Mode lets you safely explore the impact of decisions like raises, hiring changes, or cost adjustments while instantly seeing how cash, runway, revenue, and expenses shift over time. When you are ready, apply the scenario to your mo...
Parallel Demo - Month end review
Review performance with clarity and confidence. Parallel’s Month-End Review pulls together actuals and key SaaS metrics into a structured monthly summary so you can quickly understand how the business performed, spot trends, and share a clean, consistent update with leadership and investors.
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Parallel Reviews (28)

Reviews

Parallel Reviews (28)

4.9
28 reviews

Review Summary

Generated using AI from real user reviews
Users consistently praise the product for its ease of use and excellent customer support, which help founders navigate financial modeling without extensive finance backgrounds. The intuitive interface allows for quick scenario planning, enabling better decision-making for startups. However, some users note a desire for more advanced features as the product continues to develop.

Pros & Cons

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Ahmed E.
AE
Co-founder & CEO
Small-Business (50 or fewer emp.)
"Amazing product that gave me a vision for my finances as an early stage startup"
What do you like best about Parallel?

We are a small team, early stage and don't have an accountant in-house who will prepare dynamic reports for cashflow and budgeting, Parallel does that, I can confidently predict the next months and mitigate any risks. In addition to it's ease of use, amazing support from the team and they keep on top of the quality. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

I would want to see more features that recommend personalized actions to be taken based on my financials but I believe they are working on that. Review collected by and hosted on G2.com.

HG
Chief of Staff
Mid-Market (51-1000 emp.)
"Very intuitive- Even with no finance background"
What do you like best about Parallel?

Set up took 30 minutes.. we connected to puzzle, created the expenses, pulled our headcount and we had all the data we needed to run scenarios... Our CSM jumps on calls, and shares tips before I ask. Parallel replaced my monster spreadsheets and stress. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

No CRM integration yet but I know they’re working on it. Review collected by and hosted on G2.com.

Edgar C.
EC
CEO & Founder
Small-Business (50 or fewer emp.)
"Second-to-None Onboarding with a Super Helpful Team"
What do you like best about Parallel?

The onboarding was second to none. The team is there to help with any questions. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

Nothing. It’s been of huge value to our core team. Review collected by and hosted on G2.com.

Riley O.
RO
Chief Sales Officer
Small-Business (50 or fewer emp.)
"Parallel provides so much more clarity"
What do you like best about Parallel?

I've been living in spreadsheets trying to forecast and spreadsheets can only get you so far. Parallel solves that problem and more. The analytics are very clean and I can clearly see where we are heading as a business. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

There is not anything specific I dislike, this is lightyears ahead of my old spreadsheets. Review collected by and hosted on G2.com.

Garrett F.
GF
CTO
Small-Business (50 or fewer emp.)
"Excellent product"
What do you like best about Parallel?

Parallel really helped us to dial in our model for raising. What would've taken us weeks in spreadsheets was made extremely easy with Parallel's tools, and it gave us something that we felt confident giving to investors. It's an awesome product! Review collected by and hosted on G2.com.

What do you dislike about Parallel?

There are a few features that would be nice to have, but completely understandable that they don't have them given their stage of business. Review collected by and hosted on G2.com.

James P.
JP
COO, Co-Founder
Small-Business (50 or fewer emp.)
"FP&A at the Speed we Need!"
What do you like best about Parallel?

I'm finally able to interact with my data in an intelligent real time way straight out of quickbooks with ease. Customer support and hands on CEO is awesome. Was super easy to integrate into our tech stack. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

New software always has a learning curve but getting better each day. Review collected by and hosted on G2.com.

Jonathan G.
JG
Co-Founder & CEO
Small-Business (50 or fewer emp.)
"I made my most important decisions as a founder with Parallel open on a screen."
What do you like best about Parallel?

Parallel allows me to understand how much time I have to hit specific milestones before I have to raise again. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

Would be cool to be able to talk to a chat that would change the numbers in the model. Review collected by and hosted on G2.com.

Ethan W.
EW
CEO
Small-Business (50 or fewer emp.)
"Incredible Team"
What do you like best about Parallel?

The team is available non stop around the clock and will do whatever it takes to make sure customers are happy and sucesfull. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

Legitimately nothing, they have been perfect to work with. Review collected by and hosted on G2.com.

Andrew B.
AB
Operations Manager
Small-Business (50 or fewer emp.)
"Amazing software that helps me forecast and plan better"
What do you like best about Parallel?

I use Parallel for my forecasting and book keeping.

By combining these two things together I am able to understand where I am spending money today, and make decisions on how I should spend it tomorrow. I couldn't live without it. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

Nothing, software is great and the team is shipping new features quickly. Review collected by and hosted on G2.com.

Verified User in Computer Software
AC
Mid-Market (51-1000 emp.)
"Quick intuitive FPA"
What do you like best about Parallel?

Ease of use and simple design. Parallel doesn't over complicate a model like some other providers do. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

My biggest issue was not being able to export a view of the financials that included actuals and the forecast. However, i provided that feedback and the team built it quickly. Review collected by and hosted on G2.com.

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Parallel Features
Data Import
Data Consolidation
Data Validation
Reporting Hierarchy
Report Templates
Report Types
Standard KPIs
Standard Reports
Financial Statements
Dashboards
Custom KPIs
Custom Reports
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Parallel