Synel M.L.L. Payway Limited

Synel M.L.L. Payway Limited

TTASE:SNEL
1,600.00
ILA
0.00
(0.00%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Erez Boganem
Full Time Employees
128
Sector
Technology services
Industry
Information technology services
Address
2 Hamada Street Yokne'am Illit HZ Israel 20692
IPO Date
Jul 6, 2000
Business
Synel M.L.L Payway Ltd provides software-integrated hardware solutions for workforce management and security systems to organizations in Israel and internationally. The company offers comprehensive workforce management solutions, including time and attendance management systems, job costing, shift scheduling, absence management, and smartphone application solutions; dashboard, reports, and analysis tools; biometric attendance hardware; and security solutions such as access control, visitor management, muster and fire roll, automatic number plate recognition, CCTV, and intercom systems. It also provides biometric time and attendance hardware, biometric access control hardware featuring fingerprint recognition and smartcard devices, as well as training and professional consulting services for payroll controllers and labor law compliance. Synel tailors these offerings for industries including retail, manufacturing, healthcare, education, and hospitality, with operations supported by subsidiaries in the United Kingdom, United States, and other regions. Founded in 1989 and headquartered at 2 Hamada Street, Yokne'am, Israel, the company was formerly known as Synel Industries Ltd before changing its name in November 2012. In August 2025, Accel Solutions Group Ltd agreed to acquire a 69% controlling stake from the Boganem family for ILS 93 million, valuing Synel at ILS 134 million, marking a significant ownership transition while Gavriel Boganem departs the firm.