Parallel
9 Case Studies
A Parallel Case Study
Reform, a company that builds software to automate freight operations, faced a challenge scaling their team without clear visibility into how hiring would impact their financial runway. They relied on static spreadsheets that were difficult to trust and update, making it hard to answer crucial questions about cash flow and future scenarios. They turned to the vendor Parallel for a solution.
By implementing Parallel's financial planning software, Reform gained an automated and dynamic view of their runway and burn. This allowed them to model different hiring and spend scenarios with confidence. As a result, Reform hired four new employees with full conviction, moving forward with a clear understanding of how each decision shaped their business and with fewer unknowns.