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Several bugs and crashes have been fixed.

New licensing screens to simplify product activation.

Implemented support for full keyboard navigation in the Parallels Toolbox window.

Improved compatibility with macOS 11 Big Sur and macOS 12 Monterey Beta.

The Break Time tool doesn’t get active after restart if time tracking was disabled.

The Hide Menu Icons tool was rewritten for better performance on modern versions of macOS.

Focus on Window – helps you to focus on a single task in a window while all other windows are dimmed.

Recognize Text - extracts text from image files.

Transform Text - converts text between different letter cases – Title Case, lowercase, CamelCase, RAnDoM cASe and many more.

Barcode Reader – scans barcodes and QR codes from image files or with a built-in camera.

Barcode Generator - generates different types of barcodes, including QR codes.

Parallels Toolbox 5.0 for Mac introduces several new tools, improvements to existing tools, bug fixes, and other enhancements.