Company Profile

Synel MLL PayWay is one of Israel’s leading organizational computing groups. The company provides a wide range of software integrated hardware solutions for Workforce Management in organizations (Payroll, Time & Attendance, HR recruitment, Employee Engagement, pension savings as well as investment wiring and clearing, Access Control and smart analytics and management of physical security systems). Synel also provides training and professional and technological consulting services in payroll controller and labor law topics that assist employers and executives to handle critical organizational issues efficiently, cost-effectively and profitably.

 

Synel was established in 1991, when the company’s president, Mr. Gabi Buganim, led a synergetic merger of software companies to create the current company. Under his leadership, the company grew from a small revolutionary in the field of automated Time & Attendance management into a group of diverse technological companies with an international presence, with constant expansion of both the scope and the areas of operations, whereas currently it has leading positions across the software integrated hardware solutions for Workforce Management and organizational premises management, with systems installed in tens of thousands of organizations across the world, and a large percentage of the Israeli workers receive Payroll pay-slips and report on a daily basis through the systems it developed, as well as activities in Yielding Commercial and Office real estate.

 

In 2000, the company’s shares started trading in the TASE, and in early 2012, Adv. Erez Buganim, the Deputy CEO and VP, Strategic Business Development, Marketing and International Markets, joined the executive team. In the years 2000-2012, prior to his current role in Synel, Erez Buganim personally supported Synel Group with business and legal consulting for the implementation of its tech and real-estate M&A transactions in Israel and around the world. Currently, Erez leads the global business development of the group and international and Israel marketing functions, while strengthening existing operations and diversifying into new strategic areas, both organically and through acquisitions.

 

Synel recently won the Accountant General’s (ministry of finance Israel) tender for the installation of Time & Attendance terminals and software in all of the government ministries and their execution units.

In order to meet the needs of business and public enterprises, the company invests day after day, hour after hour, to provide its customers and distributers with a 360° casing in the human capital and organizational physical security management fields, through a reliable, high-quality and professional service and technical support, 365 days a year.

For this purpose, the company operates three centers in Israel (Headquarters, Management, R&D, Business Development and Marketing in Yokneam, Israel Sales and Customer Service in Raanana, and Security Systems in Or-Yehuda), and several international subsidiaries (U.K and U.S.A) which provide high service availability from the language and time zones aspects.
Areas of Operations:

Human Resource Management - The solution is offered through the company’s flagship software – HARMONY – a holistic and flexible system with a single database (with optional modules in accordance with the organization’s characteristics and changing needs), which can be cloud-based under the SAAS business model, customer-servers-based or hybrid, with attention to business survivability, continuity and data security issues, and interfaces with a wide variety of systems and third parties’ technologies.

Physical Security and Safety Management 

Visitors Management 

Pension Wire 

Synel Academy is a supervised learning institute, recognized and certified by The Institute of Certified Public Accountants in Israel to provide a Senior Payroll Accountant diploma and provide the required annual trainings. The courses and training are taught in cooperation with some of Israel’s leading accountants, lawyers and labor law and finance academic lecturers.

Synel Touch – the future generation of the company’s product, currently at advanced R&D stages, is based on an advanced and intuitive software integrate hardware platform which diffuses the borders between the organization’s physical environment and the employee’s professional and virtual world. This futuristic platform would enable secured data access, encourage social involvement in the organizational premises, improve managerial control and strengthen the organizational identification of employees and managers and develops and promotes Employee Engagement in the organization.