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Parallel

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30 reviews
  • 1 profiles
  • 2 categories
Average star rating
4.9
Serving customers since
2023

Profile Name

Star Rating

28
2
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Parallel Reviews

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Profile Name
Star Rating
28
2
0
0
0
Verified User in Computer Software
UC
Verified User in Computer Software
12/30/2024
Validated Reviewer
Verified Current User
Review source: Organic

Game changing for startup finance

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.
Cory M.
CM
Cory M.
Web and Mobile App Developer Serving Startups | Master of Business Creation
11/25/2024
Validated Reviewer
Verified Current User
Review source: Organic

Great for startup projections and runway

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
Caleb H.
CH
Caleb H.
09/24/2024
Validated Reviewer
Review source: G2 invite
Incentivized Review

We use Parallel to make smart bets instead of budgets

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.

About

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HQ Location:
Lehi, US

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What is Parallel?

Parallel is a progressive finance and business platform designed to streamline operations for finance teams and businesses. With its sophisticated technology and intuitive interface, Parallel empowers users to manage invoices, payments, and budgets more efficiently. Offering a holistic view of financial workflows, the platform integrates seamlessly with existing systems, ensuring that critical financial data is accessible and manageable from a single dashboard. Ideal for small to medium-sized enterprises looking to optimize their financial processes, Parallel provides tools and insights that can lead to more informed decision-making and strategic financial planning.

Details

Year Founded
2023
Website
getparallel.com