Synario Financial Modeling - Features Overview

Synario’s powerful financial modeling software is packed with every feature a business needs to build, analyze, and present impactful financial models.

From building models to presenting scenario analysis, Synario accelerates every stage of the financial modeling process.

Features Breakdown


Synario has multiple features to help both modelers and non-modelers build out their financial models and scenarios. See below for our highlighted model building features.

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Fast Data Import

Synario offers an IT-free easy data import process, facilitated by our world-class rated implementation team. It only takes a few minutes to update your historical data, allowing you to always work with the most up to date financial models.

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Object Orientation

Unlike a spreadsheet, where every cell is a value or formula, Synario is built on an object oriented architecture. Updates flow across related financial items creating a faster and more error-resilient workflow.

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Integrated Financial Statements

Synario comes out of the box with pre-mapped accounting, meaning financial statements are fully connected and automated. Changes to assumptions, capital initiatives, and much more flow across every statement, including cash flow.

Integrated Financial Statements

Features Breakdown


Patented Multiverse Modeling™ technology allows users to explore an unlimited number of scenarios or what-if questions from a single model. Escape the confines of spreadsheets with superior financial model analysis tools from Synario.

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Scenario Analysis

Discover the power of a scenario-based outlook with Synario. Patented Multiverse Modeling™ technology allows users to explore an unlimited number of financial scenarios from a single model. Synario does scenarios best.

Scenario Analysis
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Sensitivity Analysis

Easily zoom in on the effects of individual financial variables on your organizations financial outlook. Through user-friendly sliders and interactive charts and graphs, Synario removes the difficulties surrounding sensitivity testing in a spreadsheet.

Sensitivity Analysis
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What-If Analysis

Remove the back and forth between your finance department and board or stakeholders. Synario allows finance professionals to quickly adapt their financial models to answer what-if questions as they are asked. 

What-If Analysis

Features Breakdown


Dynamic presentations are directly connected to your Synario financial modeling. Presenting your financial future using Synario yields confidence, clarity, and concensus amond stakeholders and organizational leaders.

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Live Connected Presentations

Dynamic presentations are simple to build inside of the Synario modeling platform. Eliminate the back and forth between spreadsheet based models and slide deck presentations. With Synario, you can build, analyze, and present from a single model.

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Drill-Down Functionality

Establish clarity and credibility in the boardroom with Synario's drill-down 'Explain' feature. Explore the logic behind any calculated value throughout your financial model. Present every model with confidence using Synario.  

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Differential Access

Easily assign access levels to any member of your organization with Synario. Even model presentations can be assigned access so that board members or stakeholders can offer insight prior to an important meeting.

"[Synario] has become an invaluable tool for our organization. The flexibility to model multiple variables and scenarios provides the directionally correct financials which inform our decision making, and ultimately help shape the direction of our institution.”

Ken Kaiser


Synario Offers Financial Modeling Intelligence

  • Modeling Intelligence Means Adaptability:

    Create flexible financial models to quickly model both financial and strategic scenarios. Connected presentations will inform stakeholders on the best course of action to maximize on short- or long-term challenges and opportunities.

  • Modeling Intelligence Means Efficiency:

    Break away from untrustworthy spreadsheet results and versions. Synario’s built-in tools and preconfigured relationships automate the production of integrated financial statements.

  • Modeling Intelligence Means Foresight:

    Real-time updates to model results and presentations means your organization sees a broader view of the future. Go beyond best and worst case scenarios and explore the full-field of possibility available to your business.

  • Synario has one of the fastest implementation timelines in the industry.

    Starting with simplified data integration, importing your financial history is quick and easy. Our client success team has experience integrating a wide variety of data types and sources into Synario. Wherever your business's data lives, it can transfer into Synario.
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Synario delivers comprehensive insights on your organization’s prospective financial position. Our clients most often use our integrated financial models to answer the following initiatives:

Capital Planning

Easily layer in capital initiatives, like equipment purchases or new buildings, into your financial model.

Profitability & Cash Flow Analysis

Watch the profitability of your organization respond to economic, strategic, and financial fluctuations.

Business Valuations
Forecast the overall value of any business as its financials change and evolve.

Financial & Debt Capacity 

D etermine debt capacity by analyzing existing and future assets and liabilities.

Mergers & Acquisitions

Inform decision making behind business mergers and acquisitions. Analyze debt structure and profitability when taking on another business.


View Synario Use Cases



Finance professionals across a variety of industries use Synario to inform strategic decisions. From automated financial statements to full-field financial outlooks, Synario offers a competitive edge to businesses across the globe. While Synario can be used by any industry, common industries include:

  • Real Estate
  • Banking & Financial Services 
  • Higher-Education Institutions 
  • Utilities 
  • Government 
  • Healthcare 
  • Manufacturing 
  • Retail 
  • Private Equity

View Synario Industry Experience

Customer Success

We've worked with many incredible customers across a variety of industries.

Hart Telephone Company

10 minutes Read

Embracing Innovation: Maintaining a Competitive Advantage in the Telecom Industry


As a small, rural telecommunications company, Hart Telephone Company (HTC) faces the unique challenge of providing innovative service offerings with fewer resources than those available to its urban counterparts. HTC must also contend with rapidly changing technology, complicated regulatory frameworks and marketplace competition. For HTC, navigating this increasingly complex landscape is made easier with Synario, helping to ensure its financial stability despite shifting market factors.

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Regulatory Obstacles Facing The Telecom Industry

Unlike other industries, HTC is subject to government regulation by the Federal Communications Commission (FCC) and must comply with applicable rules and requirements. HTC is also part of the National Exchange Carrier Association (NECA), which distributes revenue from the FCC’s access charge plan to participating members. These pooled funds are based on each company’s cost of providing interstate access, and HTC uses forecasts to estimate future settlement costs. As Melissa Green, CFO, explains, “It’s a balancing act – the more accurate the forecasts are, the more likely you are to get close to your actual settlement number, which prevents owing a large amount to NECA or vice versa.” NECA asks participating members for a three- to five-year forecast to ensure that future funds will be available, and for HTC, finding a software platform capable of these types of projections was paramount.


Accurately estimating settlement money speaks to a larger issue faced in the telecom industry – funding sources. According to HTC, meeting the FCC’s requirements for adequate broadband access can be a challenge, mostly because servicing a rural area can cost much more than urban regions. With Synario, HTC can evaluate both expenses and approximate settlement funds from the FCC and use that projection to apply for grants, many of which are offered to companies looking to expand rural broadband services. However, in order to get those grants, HTC has to prove that it would be profitable to extend broadband access to new regions. For Green, using Synario enables her to demonstrate that certain strategic initiatives are viable options that deserve federal or state funding.

A Force for Innovation: 7 Decades Of Transformation

The telecommunications industry has transcended from providing basic cable to a handful of households to administering digital and HD television, movies and breakthrough broadband Internet services to millions.

The technological landscape is unrecognizable even compared to more recent years. Consumers now expect their digital content to be available anytime, anywhere, at peak speeds and across multiple devices. These modern market pressures lead finance professionals toward financial modeling tools to project their financials, prove sustainability, and secure the necessary funding to serve their respective regions, all while keeping pace with emerging trends.

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Promoting Sustainable Business Practices with Financial Modeling Software

Synario’s ability to project cash flows is one of the primary reasons HTC chose Synario among other software platforms. Green explains that while HTC does receive government funds, the company is first and foremost a for-profit business, meaning that revenue and expenses must be appropriately balanced. For HTC, this means meeting payroll obligations, complying with the FCC’s broadband initiatives and delivering the best possible service to customers. Prior to using Synario, HTC purchased a different product, but was unable to find a platform that could provide a rolling cash flow statement. According to Green, “This was a very hard concept for us to get people to understand and it was a must-have for us.” Synario is also integrated with HTC’s accounting software, and this enables Green to visualize where HTC will be six months or six years down the road. While internal and external factors can alter the specifics, having a general sense of long-term cash projections is tremendously valuable to HTC. As Green explains, “We sit down every October with stakeholders to plan out our capital build for the next year, including what types of services we’re going to be offering to our customers, and it’s only because we have the cash flow statement in Synario that I am able to do that


hart telephone company financial modeling data



Exhibit A: HTC utilizes Synario’s interactive visualization tools to project and gauge financial health based on telecom industry governance. Their Debt Service Coverage Ratio (DSCR), has a fixed floor of 1.45 to ensure the feasibility of repaying existing debt obligations. Similarly, HTC designed a Debt/EBITDA ratio forecast with a ceiling set at 3.25 safeguarding against poor or inadequate cash flow and to confirm long-term stability (or diagnose instability). This quick and easy exercise helps HTC prove and communicate its sustainability to industry regulators, demonstrating that they are far exceeding industry standards and can responsibly manage any additional funding.

This exhibit is derived from sample figures for illustrative purposes


Green also uses Synario to monitor the company’s loan; including terms, interest rates and monthly payments. A couple years ago, HTC decided to refinance their loan and used Synario to evaluate their borrowing options. According to Green, “It helped us assess the long-term impact of financing terms and payments.” Prior to the implementation of Synario, HTC used spreadsheets to project loan refinancing options, which required, as Green quips, an “act of Congress” to change the interest rates or terms. Now, she says, that is much easier to do – the finance team can plug in a number and Synario automatically extrapolates it.

Another attribute that made Synario particularly appealing to Green and her team was the software’s ability to evaluate loan covenants and help ensure HTC is on track to meet them. According to Green, “One of the biggest advantages of using Synario is that I can see what the financial covenants are going to be and make sure we’re meeting those requirements for years into the future.”

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Exhibit B: Displays cash flow analysis for each division, projected not only on a near-term monthly basis but also on an annual longer-term basis.


This exhibit is derived from sample figures for illustrative purposes only and does not represent HTC’s actual data.



Excel is Ineffective and Unreliable for Advanced Modeling Activities

Green also speaks to the problem of using spreadsheets for forecasting activities. From her perspective, version control issues were one of the main reasons HTC switched to Synario. As she explains, “We had multiple people going into the files and making changes, which often ended with corrupted worksheets that had to be rebuilt.” She also discusses the lack of integrity of the spreadsheets, saying, “We never knew if the formulas were right, and that isn’t something we have to worry about with Synario.” Additionally, with more than 17 years’ experience in the telecom industry, Green is intimately familiar with the problem of “legacy” spreadsheets. As she recalls, “When I first came to HTC, there was already a spreadsheet created by a previous employee that no longer worked here. It’s a problem when you get handed a spreadsheet that someone else built because it’s hard to understand their thought process for setting it up and coming up with the numbers.” HTC does not have this problem with Synario – there is only one way to input data.


Timesaving is also another boon for HTC. Prior to using Synario, Green had to pull data from close to 1,350 individual general ledger accounts for her yearly forecasts. As she explains, “When we used spreadsheets, it was much harder to obtain this information because I had to literally look at every account.” HTC kept much of this information on multiple spreadsheets, and the integrity of links was always a source of concern. As Green describes, “It’s very easy for links to get broken, and often times we thought we had updated spreadsheets to only find out later that the links were broken. We had to have a lot of checks and balances to make sure we had the information right.” Green also had problems with spreadsheet formulas. As she explains, “We had some formulas that at some point in time, multiple people had altered the formula and it would corrupt, so we would get a cell that was supposed to have a formula but we wouldn’t know what it originally was.” Security in Excel is also vastly inferior to that of Synario, in which administrators can limit access to certain users or give read-only rights. As Green notes, “We didn’t have a single user in charge of the spreadsheets, and that led to a lot of complications and limitations, often resulting in unusable workbooks.”

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A Revolution in Financial Technology

Adopting Synario has radically changed how HTC conducts business. Green sums it up by saying, “I have tried to find another U.S. telecom company that has a tool similar to Synario and I have yet to find one. I personally feel that we are light years ahead of most other companies -- we know what the current state of our financials are, as well as where we’re going to be five years from now.” This is virtually unheard of in the telecom industry, because, as Green explains, forecasting is still a relatively new concept, largely because in the past most companies heavily relied on government funding and settlements. Lately, the industry has shifted away from these revenue sources and is now more competitive. Because of this, Green feels it is imperative for telecom companies to have a vision for the future. However, most products do not offer a rolling cash flow statement like Synario does, making them virtually unusable for the industry.

Additionally, according to Green, most telecom companies still do not engage in any forecasting activities, and unlike HTC, are not able to adequately assess or execute plans for growth. Green sums up her experience with Synario by saying, “I think it makes us a very strong company. I have people call me all the time and ask me how I’m doing this, and I tell them we’re using a product called Synario.”