Parallel
6.5#13 in financial modeling softwareFrom $100 a monthWeb
Visit| Fact | Parallel | Workday Adaptive Planning |
|---|---|---|
| Free plan | No | No |
| Intended users | Parallel 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. |
| Purpose | Parallel 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. |
| Security | The 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. |
| Support | Parallel 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 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.
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.