Parallel Reviews (30)

Reviews

Parallel Reviews (30)

4.9
30 reviews

What do users say?

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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Andrew B.
AB
Andrew B.
Operations Manager
Small-Business (50 or fewer emp.)
"Amazing software that helps me forecast and plan better"
5/5
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
Verified User in Computer Software
Mid-Market (51-1000 emp.)
"Quick intuitive FPA"
5/5
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.

Zack M.
ZM
Zack M.
Account Executive
Small-Business (50 or fewer emp.)
"Amazing team and very well built product."
5/5
What do you like best about Parallel?

Parallel is the best tool out there! Super user friendly, easy to view and change the dashboard. Highly recommend! Review collected by and hosted on G2.com.

What do you dislike about Parallel?

That I didn't find them earlier! I wish I found them long ago. Review collected by and hosted on G2.com.

EM
Eman M.
Executive Assistant
Small-Business (50 or fewer emp.)
"Parallel Review"
5/5
What do you like best about Parallel?

Straightforward interface and easy to update relevant fields Review collected by and hosted on G2.com.

What do you dislike about Parallel?

Unable to trace changes made by other users Review collected by and hosted on G2.com.

Evan L.
EL
Evan L.
Small-Business (50 or fewer emp.)
"Quick and Easy Viewing Of The Metrics That Matter"
5/5
What do you like best about Parallel?

The service is phenomenal. Quick viewing of metrics that matter most. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

With it being a newer product there are less integrations than others but they are growing QUICK since I first started using them Review collected by and hosted on G2.com.

Stephanie G.
SG
Stephanie G.
Small-Business (50 or fewer emp.)
"Amazing for scenario building when fundraising and hiring"
4/5
What do you like best about Parallel?

Customer service is great and it is a great tool to manage forecasting and impacts on your business when building scenarios and hiring plans. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

As all companies experience, there is the occasional bug. Review collected by and hosted on G2.com.

Caleb H.
CH
Caleb H.
CEO
Small-Business (50 or fewer emp.)
"We use Parallel to make smart bets instead of budgets"
4.5/5
What do you like best about Parallel?

Early stage venture-backed companies don't need to make budgets, they need to make smart bets.

Instead of GAAP financials, Parallel gives us 'decisionmaking financials' that help us decide when something we want to do actually accrues value to the company.

It was super easy to implement, we got to making decisions in a couple of hours instead of weeks for similar sfotware.

Want to hire an engineer? Let's check it increases velocity for the business. What about shut down this costly program? We use Parallel to show us what that _actually_ means for the company. Ultimately, it's finding the right things to optimize and care about. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

They're building fast, but Parallel is still early, the AI is always improving (which also means it's not perfect). But their success team is incredible at filling in the gaps while they're building. Review collected by and hosted on G2.com.

Cory M.
CM
Cory M.
Co-Founder
Small-Business (50 or fewer emp.)
"Great for startup projections and runway"
5/5
What do you like best about Parallel?

Quick setup

Easy to run different scenarios of your business model

Easy to contact customer support

Can share a custom view of your model with investors easily Review collected by and hosted on G2.com.

What do you dislike about Parallel?

It's built as a tool to fully replace my manual spreadsheet - which can be a good thing, but has taken some time to migrate off of my sheet Review collected by and hosted on G2.com.

Chase M.
CM
Chase M.
Founder
Small-Business (50 or fewer emp.)
"Changed how we run our business"
5/5
What do you like best about Parallel?

Before using Parallel, we made alot of decisions in our business off of "feeling" or what our customers said that day. Since using Parallel, we've made our all of our decisions based off our models, which has helped us feel more confident in the decsions we're making. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

I was one of the earlier customers of Parallel, so I had some bugs in the beginning, but haven't had issues in the last six months. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Verified User in Computer Software
Small-Business (50 or fewer emp.)
"Game changing for startup finance"
5/5
What do you like best about Parallel?

It's turned hours (and hours) or excel modeling into a few minutes of work every month. I know exactly what my burn is, how a new bet will impact that number, and helps me stay more on top of our finances. Review collected by and hosted on G2.com.

What do you dislike about Parallel?

I've been a customer for a few months and haven't found anything I dislike yet. Review collected by and hosted on G2.com.