With Parallels, the clone will have saved the PVM virtual environment in the Parallels folder. For security, I also tend to save it to an external drive. It is not a good idea to back it up with Time Machine. You need to exclude it as it changes every time it is used and the whole thing needs to be backed up. If you are reinstalling to the SSD on the same computer, it should be enough to restore the clone, and Parallels and Windows should already be in place and fully licensed. The headache would come if you tried to restore the PVM to a different computer. If moving from Intel to ARM processor, it is impossible as a different version of Windows is used. Moving from Intel Bootcamp to Intel Parallels is possible by installing Windows 11 from Parallels then, in Windows, dragging items from the Bootcamp volume. I found it easier to reinstall things like Microsoft Office. Winclone does not really help if you are using Parallels, as it is designed to back up and restore a Bootcamp partition, and it can't see or write to the PVM virtual environment. Best of luck.