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Successful ERP Implementation: Parallels

Leader in virtualization and automation software chooses Acumatica, reduces cost by 80%

A worldwide leader in virtualization and automation software that optimizes computing for consumers and businesses, Parallels is a rapidly growing software company with offices, subsidiaries, and accounting systems in multiple countries. Managing a growing multi-national business such as Parallels required a centralized set of books and reports which could be rapidly created and distributed to key decision makers scattered across the globe.

Parallels considered several different ERP solutions, but switched to Acumatica and drastically reduced reporting time as well as the cost of preparing consolidated reports.

About Parallels

Location: Worldwide with offices in Seattle, WA and Washington, DC, US

industry: Software & technology


Application Replaced: QuickBooks, Sage and Microsoft Dynamics SL
Compare Acumatica vs QuickBooks
Compare Acumatica vs Sage
Compare Acumatica vs Microsoft Dynamics SL

Key results for Parallels

  • Reduced cost of preparing consolidated reports by 80%
  • Reduced reporting time from 4-5 days to 1-2 days
  • Reduced potential errors by eliminating manual processes
  • Provided role-based access to reports without deploying client software


Parallels needed:

  • Ability to consolidate reports and accounts across multiple international offices and subsidiaries
  • System access from dispersed geographical locations
  • Ability to consolidate different charts of accounts
  • Currency translation
  • Custom reporting
Acumatica provided a solution to integrate our financial reporting across several systems, currencies, and offices. Since the solution is web-based, it was cost-effective to deploy across our international offices.

Parallels Employee

ERP Solution

Parallels considered add-on solutions provided by several existing vendors as well as a Hyperion (Oracle) solution. Acumatica was selected because it provided a system which met Parallels’ complex business requirements with a low total cost of ownership. The web-based system was able to serve all international locations after being deployed on existing hardware in the Parallels on-premise datacenter.

Benefits for Parallels

Acumatica provided a single automated system to translate currencies, consolidate ledgers, and implement customized reports.

Customized roles were created to support the existing operational and approval processes established by Parallels. This allows employees in the parent company to see the complete set of consolidated books, while subsidiaries can only access sections that pertain to their business.

Parallels deployed Acumatica in their existing datacenter and set group security permissions so the system could be accessed by team members around the world. Since no client software is required, new employees can be granted privileges and start using the system immediately.

Acumatica improved the Parallels consolidation process, saving on time, accuracy, and providing additional business insights.

Application replaced: QuickBooks, Sage and Microsoft Dynamics SL

Most companies got their start using Inuit’s QuickBooks for their financials. But there comes a time when QuickBooks is just not enough. If you’re ready to take the next step, see what Acumatica has to offer.

Looking for an alternative to Sage’s aging product line? Find out what a modern cloud ERP solution from Acumatica can offer.

Concerned about the future of your Dynamics SL solution? Looking for options? Acumatica is a modern, flexible ERP solution, perfect for project- and service-based companies. See how Acumatica compares with Dynamics SL.

Before You Choose Cloud ERP

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