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Parallel Asset Review

3

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Very good

Revainrating 4 out of 5  
Rating 
4.0
ERP, Asset Management

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Description of Parallel Asset

Aligning innovative digital solutions for today’s project challenges & tomorrow’s opportunities

Reviews

Global ratings 3
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  • 4
    3
  • 3
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  • 1
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Type of review

Revainrating 4 out of 5

A great Tool used internally within my organization

The best thing about this tool is that it really helps in reducing operational risk by keeping track of all risks being taken and managing them accordingly with due diligence. I do not think there are any downsides to using parallel asset, however if you have some experience in Risk management then working with parallel asset will be easy for you as well. We use parallel asset to keep track of our Risks across different industries of our business including project specific risk analysis. It has

Pros
  • Easy interface
  • Multiple data sources available
  • Good support from their team members.
  • Integration capabilities within Microsoft tools like Power BI etc
Cons
  • Nothing much but i would say its integration process needs improvement

Revainrating 4 out of 5

Very helpful and transparent tool: Parallel Asset

The transparency is great, it helps to keep track of your portfolio without having people at every step in you investing life-cycle! I wish there was an easier way for us as investors/managers - we don’t have time or knowledge about this platform like they do so sometimes things can go wrong when using their products but overall its good experience with them until now (we are still learning from mistakes). It has helped me manage my investments well by making sure that all assets under one…

Pros
  • The transparency and the easy way to keep track of everything with the platform
Cons
  • The platform is sometimes a great experience to us but sometimes its a great experience for the platform

Revainrating 4 out of 5

Very nice Accounting Software and great customer service

The ability to automate many tasks, such as generating tax reports or creating quarterly financial statements is very helpful in streamlining my workflows! I also like that it's easy for employees with little knowledge of accounting software to use - they can easily learn how things are done by looking at an online video tutorial (you're able to watch them while you navigate). It could be improved if there were more tutorials available; however this isn't necessarily their fault since we have…

Pros
  • The ease of use and the ability to automate many tasks
Cons
  • The interface is a bit dated and there is a lack of tutorials online