Chrome OS 85 is also needed, but that should be a non-issue these days for most Chromebooks. You’ll need at least a Core i5 processor, 8 GB or more of memory, and 50 GB of free storage capacity. Just to level-set my comment about the “supported Chromebooks”, Parallels has mid-to-high-end range system requirements. Parallels Desktop for Chromebook Enterprise could help companies migrate to Chrome OS for most of their work and still provide access to any Windows software as well. To be honest, it’s pretty slick if you have a supported Chromebook.
The software became available in October, and I recently got review access to the virtual machine solution. Back in July, Google announced a partnership with Parallels to get Windows on Chromebooks.