
I have had a great experience on Parallel. It's insightful and helps me think through building a forecast and model starting with the basics. The tool helps me build a budget for my startup tech business and offers a budget vs actual report. It aids in building out my headcount forecast, driving my budget from both an expense and revenue perspective, especially if the headcount is sales-related. The customer success team is fantastic, knowledgeable about FP&A for tech businesses, and assists with setting up my budget and any questions about using the tool. They also help with financial reporting and preparing for equity raises. I love how seamlessly the system integrates with my accounting system, pulling historical data and making life easier. It's easy to create different scenarios on top of my standard budget and compare them to my main forecast. It's designed so that even a non-technical finance person like an operating founder can use it, making it very insightful. The scenarios are useful for deciding on hiring, revenue changes, product adjustments, and sales team planning. The initial setup was very easy, with the team onboarding me quickly and great training. I no longer have to manage spreadsheets and formulas as I did before using Excel and Google Sheets. Análise coletada por e hospedada no G2.com.
I would like to see revenue by customer in the system, so I can think through how each customer when I am reviewing my model. They are working on adding this feature here shortly, however. Análise coletada por e hospedada no G2.com.
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Esta avaliação foi traduzida de English usando IA.

