Automated Financial Reporting
Reports your team can read, data your investors can trust.
Parallel builds your full three-statement model from your accounting actuals, regenerates it as the books update, and gives audience-specific views for your board, investors, and team.
Accurate reporting without spending hours manually updating and cross-checking the data
Stop spending hours building financial reports. We remove the painstaking work and auto-create your three-statement model based on your accounting actuals, then regenerate it when your books sync.
Everyone works off the same data because your internal, board, and VC reports all come from the same foundation. No confusion, no discrepancies.
Automated financial reporting that’s purpose-built for SaaS startups
Share the right view with the right audience
Data room exporting
Run a data room export and Parallel produces a board-and-investor-ready bundle: your three financial statements, supporting reports, and a clean read-only snapshot. Historical values are hardcoded, locked history is clearly separated from live forecast, and the bundle is ready to drop into a diligence room.
Shareable views by audience
Each dashboard or report can be shared as its own view. An investor sees the required outputs without getting distracted by the details of the underlying model. A team lead sees their departmental P&L without seeing comp. A board member sees the runway picture without the scenarios you're still pressure-testing.
Permissions-level access
Admin, Model Editor, Scenario Builder, and Viewer permissions cover the access patterns most teams need. Grant Viewer access to advisors or board members so they can see a report without changing the model behind it.
Get actionable, accurate insights — not just information
Fundraising prep
A data room investors can trust that's structured properly and ready to download.
Runway clarity
Know your runway the moment your data changes, with full visibility into what moved the needle.
Frequently asked questions
Does Parallel build a full balance sheet?
Yes. The full three-statement model (P&L, balance sheet, cash flow statement) is auto-built on both historical actuals and your forecast as soon as your accounting system is integrated. Most founder-friendly tools stop at P&L plus runway, which isn’t enough. We give you everything you need to gain clarity and give your board and investors a full report.
How does budget vs. actuals work?
Lock your base model as your committed plan. Parallel tracks variance line-by-line and month-by-month against actuals from your accounting and surfaces the variance directly in the headers of your Expenses and Model pages. Scenarios remain available on top of your locked plan, so you can pressure-test alternatives without breaking anything.
What's in the monthly review?
The moment that last month's actuals sync, Parallel generates a comparison of how the business performed versus how you forecast it would, and flags which assumptions were most off. The SaaS metrics dashboard updates alongside it so you can see BVA and metric performance in one place.
How is this different from running a three-statement model in Excel?
A spreadsheet model doesn't reconcile against your accounting automatically, doesn't track variance against a locked plan, and doesn't regenerate when actuals sync — but Parallel does all this and more. Same financial outputs your board expects, without the painstaking rebuild cycle every month.
Can I share reports with my board or my investors?
Yes. Build board, VC, and internal team views from the same model, each tied to a permission level. For fundraising prep, the data room export bundles the three statements, supporting reports, and a clean read-only snapshot.
Smarter, sharper financial reporting that's ready to use
Your three-statements, BVA, and monthly review populate and update automatically, so your focus shifts from building reports to making decisions based on the data in front of you.
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