{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgJ6LoIwIDA","lastupdate":"2022-09-13T00:00:00.000Z","update_date":"2022-09-13T00:00:00.000Z","lastModified":"Aug 19, 2025","active":1,"confidence_score":94,"confidence_score_reason":"funding rounds, markets, not claimed","urlname":"synel-mll-payway","minimal_profile":null,"status":"Acquired","fullstatus":"Acquired by Accel Solutions on Aug, 2025","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$zQvsojIEOl0OxrZUry0WbOHjuQJIdaLV2jT0gKzSHw6adE6m3l0jwo","name":"SYNEL MLL PayWay","oneliner":"Workforce Management Systems","registrar":"511416612","website":"https://www.synel.com","careerspage":"https://www.synel.com","founded_month":10,"founded_year":1989,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/Synel_Worldwide","youtube":"https://www.youtube.com/channel/UCwVkfQq6s_9YBsRJLOi82pA","facebook":"https://www.facebook.com/synelinternational","linkedin":"https://www.linkedin.com/company/123163","instagram":""},"social":["https://www.youtube.com/channel/UCwVkfQq6s_9YBsRJLOi82pA","https://www.facebook.com/synelinternational","https://play.google.com/store/apps/developer?id=SYNEL+M.L.L+PAYWAY+LTD.","https://www.linkedin.com/company/123163","https://www.youtube.com/channel/UC8mqyNJ8UxvT6kQZhrA8Kng","https://apps.apple.com/us/developer/synel-m-l-l-payway/id675068558","https://twitter.com/Synel_Worldwide"],"flattenedsociallinks":"https://www.youtube.com/channel/UCwVkfQq6s_9YBsRJLOi82pA|https://www.facebook.com/synelinternational|https://play.google.com/store/apps/developer?id=SYNEL+M.L.L+PAYWAY+LTD.|https://www.linkedin.com/company/123163|https://www.youtube.com/channel/UC8mqyNJ8UxvT6kQZhrA8Kng|https://apps.apple.com/us/developer/synel-m-l-l-payway/id675068558|https://twitter.com/Synel_Worldwide","apps":{"appstore":"https://apps.apple.com/us/developer/synel-m-l-l-payway/id675068558","googleplay":"https://play.google.com/store/apps/developer?id=SYNEL+M.L.L+PAYWAY+LTD."},"is_claimed_by_owner":null,"employees":"51-200","employees_exact":136,"patent":0,"raised":0,"stage":"Public","public_stage":"Public","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4JvZwIIIDA","primary_sector":"Business Software","alternativenames":["syenel","Synel Industries","synell","sinel"],"about":"Synel MLL PayWay develops and produces data collection systems and solutions for workforce management, online and real-time attendance systems, shift scheduling, access control, and job costing.\r\n\r\nSynel's portfolio provides complete hardware and software solutions, implementing biometric fingerprint technologies and wireless communication. 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The article discusses the productivity of employees working from home during the pandemic, with some reporting increased productivity and others experiencing burnout. SYNEL offers a workflow management tool that monitors employee activity on their computers while working remotely. Buganim suggests that companies will need to adopt some kind of tool to ensure work is being done, even those traditionally wary of monitoring employees. 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The companys ROCE is below the industry average, indicating that it may not be utilizing its capital as effectively as its competitors. The article suggests that there may be more attractive investment prospects elsewhere. Synel M.L.L Payways current liabilities are relatively low and have a small impact on its ROCE. 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