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Parallel vs Workday Adaptive Planning

Parallel

6.5#13 in financial modeling softwareFrom $100 a month
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What both publish

FactParallelWorkday Adaptive Planning
Free planNoNo
Intended usersParallel says it is built for seed-to-Series A SaaS founders at companies with 3 to 30 people, and may not fit companies with a full-time CFO using enterprise FP&A software.Workday describes the product as empowering decision-makers across the enterprise and says organizations of all sizes can use it.
PurposeParallel is cloud-based financial planning and analysis software that helps startups forecast cash runway, plan hires, and raise capital.Workday Adaptive Planning supports companywide financial planning, forecasting, budgeting, and analytics.
SecurityThe privacy policy says data is encrypted in transit and at rest, access is limited on a need-to-know basis, and the company conducts regular security assessments and monitoring.Workday lists single sign-on as an included capability and provides an unlimited audit trail.
SupportParallel says the founders are the people customers will talk to when they have a question, and its pricing FAQ says support is one message away.The pricing page includes 24/7 support, training resources, and Workday Community.

Parallel plans

  • Launch$100 a month
  • Grow$300 a month
  • Scale$750 a month
  • Enterprise$1,500 a month

Workday Adaptive Planning plans

  • Free TrialPriced on request
  • Free Trial—
  • Workday Adaptive PlanningPriced on request
  • Workday Adaptive Planning Close & ConsolidationPriced on request
  • Workday Adaptive Planning Free TrialFree

Pick Parallel if…

Parallel is designed for seed-to-Series A SaaS founders, especially at companies with 3 to 30 people. It may not fit organizations with a full-time CFO using enterprise FP&A software.

Pick Workday Adaptive Planning if…

It suits organizations seeking companywide planning and modeling across finance and operations, with tools for decision-makers and collaboration. Teams that rely on Salesforce data imports should check the listed import restrictions.

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