Synto

Synto, developed by eVision Inc., is a platform that aims to streamline the processing of funding applications and compliance management. According to the vendor, Synto integrates governance best practices to ensure efficient management of funding programs and competitions. It provides a comprehensive workflow that covers the entire processing cycle, from program design and configuration to post-award management, and allows for the customization of processes to meet the specific needs of different organizations.

Key Features

Improved Governance: Synto combines governance best practices to effectively manage funding programs and competitions. The platform offers a complete workflow that encompasses program design, configuration, and post-award management. According to the vendor, Synto allows for the adaptation and addition of processes to cater to the unique requirements of different organizations.

Optimal Performance: Synto utilizes AI and predictive trend analysis to enhance performance monitoring and decision-making. The platform provides advanced budget management capabilities, including expense tracking, payment management, and finance integration. According to the vendor, Synto generates KPI reports and conducts impact assessments to measure the effectiveness of funding programs and projects.

Solutions: Synto offers specialized solutions tailored to various sectors, including Grants Essential, Research Institutions, and Ethics & Compliance Essential. The Grants Essential solution covers the entire funding program management cycle, encompassing online/offline forms design, eligibility management, committee management, and post-award management. The Research Institutions solution supports research administration processes, such as project definition and management, budget management, and program/project assessments. The Ethics & Compliance Essential solution facilitates the management of human and animal ethics processes, including initial questionnaires, electronic submissions, committee management, and post reports.

Semantic Search Engine & Predictive Analysis: Synto incorporates a semantic search engine that enables advanced text mining and machine learning capabilities. According to the vendor, the search engine allows users to access and analyze information in attached documents, facilitating data retrieval and analysis. Synto's predictive analysis capabilities provide smart and dynamic predictions for applicants while assisting administrators in identifying trends, conflicts of interest, and other patterns.

Risk & Outcome Management: Synto provides a framework for risk and outcome management by defining objectives and risks at the program level. It establishes a risk and outcome registry and tracks project delivery to ensure proper recognition. According to the vendor, the platform maximizes impact and outcomes by monitoring progress and assessing risks throughout the project lifecycle.

Budget Management for Projects: Synto offers advanced budget management features, including seamless integration with existing accounting systems. It enables the management of interim and final financial reports in multi-institutional, multi-project, or multi-team scenarios. Synto facilitates efficient budget revisions, approval flows, and financial tracking to ensure accuracy and enhance productivity.

Partner Management: Synto allows for the integration of financial project partners into the management cycle. It provides a dedicated portal for partners to interact, express their interests in projects, and confirm their contributions. According to the vendor, the platform also offers monitoring reports to keep partners informed about project progress.

Autonomous Teams: Synto empowers teams to autonomously manage forms, validation rules, texts, LOVs (Lists of Values), and workflows. It enables teams to customize and validate processes, streamlining workflows and improving efficiency. The platform promotes collaboration and resource sharing among team members, facilitating effective communication and coordination.

The Power of AI: Synto leverages AI and machine learning capabilities to leverage internal historical data and external sources for enhanced learning. It performs text mining and semantic search on stored documents attached to projects, enabling advanced data analysis and insights. According to the vendor, the AI capabilities in Synto provide intelligent predictions for applicants and assist administrators in identifying trends and similarities.