List of Synario Customers
Synario
1735 Market St 42ND FLOOR,
Philadelphia, 19103, PA,
United States
Philadelphia, 19103, PA,
United States
1 833-796-2746
Professional Services
20
$2M
Since 2010, our global team of researchers has been studying Synario customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Synario for EPM from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Synario for EPM include: Long Island Power Authority, a United States based Professional Services organisation with 200 employees and revenues of $50.0 million, Midwest Energy & Communications, a United States based Utilities organisation with 150 employees and revenues of $25.0 million, Austin Water, a United States based Utilities organisation with 15 employees and revenues of $1.0 million and many others.
Contact us if you need a completed and verified list of companies using Synario, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Synario customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
Apply Filters For Customers
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
Austin Water | Utilities | 15 | $1M | United States | Synario | Synario | EPM | 2020 | n/a |
In 2020 Austin Water implemented Synario, deploying the Synario application as an EPM solution to support its annual forecast, five year capital improvement plan and budget planning cycles. The implementation targeted the Finance department that manages a roughly $600 million annual budget and a five year CIP of $971 million, shifting core work that had previously been concentrated in a two person modeling effort into a multiuser forecasting environment.
The deployment implemented Synario as a full stack financial analysis, forecasting and budget planning tool, using scenario modeling, multi assumption inputs and automated presentation capabilities. Synario’s Presentation Mode and modeling engine were configured to support rapid alternate scenario builds and mid presentation adjustments, and the team configured model areas to capture capital project impacts, fund summaries and debt service coverage metrics. Within months the team produced the annual forecast in one to two weeks and prepared board level presentations in a matter of hours.
Operationally the Synario solution was embedded into Austin Water’s submission workflow to the City Budget Office and City Council, and into recurring forecasting and budget cycles that inform rate setting and customer assistance program decisions. The scope of use expanded beyond the original two modelers to a forecast and budget team of eight contributors who run biweekly forecast meetings to maintain alignment. The system was used to evaluate revenue and expense changes and the financial implications of capital projects and customer assistance scenarios during the COVID 19 period.
Governance and process changes accompanied the technical rollout, with Synario’s onboarding team and modeling subject matter experts working alongside Austin Water staff to customize models and transfer ownership. Team members were assigned ownership of discrete model sections to enable concurrent work, reduce single person bottlenecks and improve cross team collaboration. Regularized biweekly budget and forecast meetings replaced the prior cadence of a few meetings a year, institutionalizing model review and scenario sign off.
Outcomes reported by Austin Water include compressing a months long Excel driven forecasting cycle into one to two weeks, reducing presentation preparation from one to two weeks down to hours, and increasing the number of active contributors from two to eight, which supported approval of a five year Synario extension and reduced reliance on as needed Excel consultants.
|
 |
Long Island Power Authority | Professional Services | 200 | $50M | United States | Synario | Synario | EPM | 2017 | n/a |
In 2017, Long Island Power Authority implemented the Synario Financial Modeling Platform as its EPM solution to support strategic planning and forecasting for utility finance. Long Island Power Authority is a municipal subdivision of the State of New York that owns the electrical grid for most of Long Island and provides service to over 1.1 million customers, with annual revenue cited at $3.4 billion in the vendor announcement.
The deployment was delivered in the Cloud with no hardware or software to maintain, and the Synario service team committed to building a LIPA specific financial modeling and forecasting solution. Core functional capabilities implemented include rate modeling, revenue requirements calculation, and sensitivity testing and analysis of other operational drivers, reflecting typical EPM workflows for scenario and long range financial planning.
Operational coverage centers on finance leadership and teams, specifically CFOs, finance directors and finance staff responsible for budgeting and rate setting. The implementation emphasized collaborative modeling, eliminating version control issues through a shared cloud model, and leveraged Synario for Public Power best practice approaches developed from prior public power engagements.
Synario delivers to finance stakeholders the ability to isolate and analyze threats and opportunities in their financial future, according to the release, and the initial rollout focused on rate modeling and revenue requirements as the priority modules for LIPA.
|
 |
Midwest Energy & Communications | Utilities | 150 | $25M | United States | Synario | Synario | EPM | 2019 | n/a |
In 2019 Midwest Energy & Communications implemented Synario EPM to move financial modeling out of standalone Excel workbooks and into a multidimensional enterprise planning environment used by its finance organization and executive leadership. The deployment addressed the companys need to consolidate three regulated service lines, electric distribution, fiber broadband, and propane, into a single financial planning and analysis workflow to support board-level decision making and strategic planning.
Synario was configured to support forward looking projections, historical reporting and extensive variance analysis, using micro and macro scenario analysis capabilities and activity based cost modeling to allocate common costs across business lines. The implementation included integrated modeling of the income statement, balance sheet and statement of cash flows, enabling on the fly what if analysis for capital projects, debt and covenant analysis, and standalone versus consolidated views of discrete service lines.
Operational data capture relied on a general ledger model divided into dimensions, with Synario leveraging dimensional intersections to produce consolidated and line of business reports while allowing drill down to general ledger account detail. The system was used directly by the CFO and finance team during annual strategic planning sessions and to provide ad hoc answers to the Board of Directors when evaluating high capital projects such as a $20M southeast broadband expansion, and to model subsequent funding scenarios including the companys RDOF award and larger network expansions.
Governance shifted toward a single version of the truth for modeling and reporting, improving visibility and accountability across departments without sustained dependence on external consultants, according to the company. Synario EPM provided Midwest Energy & Communications with consistent, auditable financial models that supported capital intensive decision making and ongoing strategic plan evaluation.
|
Showing 1 to 3 of 3 entries
Buyer Intent: Companies Evaluating Synario
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively evaluating Synario. Gain ongoing access to real-time prospects and uncover hidden opportunities.
Discover Software Buyers actively Evaluating Enterprise Applications
| Logo | Company | Industry | Employees | Revenue | Country | Evaluated | ||
|---|---|---|---|---|---|---|---|---|
| No data found | ||||||||
FAQ - APPS RUN THE WORLD Synario Coverage
Synario is a EPM solution from Synario.
Companies worldwide use Synario, from small firms to large enterprises across 21+ industries.
Organizations such as Long Island Power Authority, Midwest Energy & Communications and Austin Water are recorded users of
Synario for EPM.
Companies using Synario are most concentrated in Professional Services and Utilities, with adoption spanning over 21 industries.
Companies using Synario are most concentrated in United States, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of Synario across Americas, EMEA, and APAC.
Companies using Synario range from small businesses with 0-100 employees - 33.33%, to mid-sized firms with 101-1,000 employees - 66.67%, large organizations with 1,001-10,000 employees - 0%, and global enterprises with 10,000+ employees - 0%.
Customers of Synario include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.
Contact APPS RUN THE WORLD to access the full verified Synario customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of EPM.