Gartner, the leading IT research and advisory company, has recognized Synergy International Systems as a representative vendor in its newly published Market Guide for U.S. State and Local Grant Management Solutions.
The Market Guide provides an insightful analysis of the software market for grant management and a useful framework for grantors and grantees alike to evaluate potential solutions. Gartner predicts that the growing adoption of grant management solutions in the public and nonprofit sectors will continue unabated.
While there are many software vendors in this market, from large ERP providers to companies specializing solely in grant management, the differentiating factors of Synergy’s Grant Management System (GMS) include its emphasis on performance measurement by both grantors and grantees, its versatile tool for managing business processes (or workflows), and its robust analytical reporting.
“At Synergy, we innovate our technology and solutions in tight alignment with the most specific demands of our clients so that they can run their operations as effectively as possible,” said Dr. Ashot Hovanesian, Synergy’s founder and CEO.
Synergy has previously been cited in other Gartner market guides, including the 2018 Market Guide for Strategy Execution Management (SEM) Software.
Over the past years, Synergy Grant Management System is helping international NGOs and development organizations, such as Alliance for a Green Revolution in Africa (AGRA), the Fred Hollows Foundation (FHF), Orbis International, to mention some. The system fully addresses grantor and grantee needs at a granular level. Using Synergy GMS on both ends of the grant management process – from grant planning to grant administration and grant performance analysis – results in improved information and time management, better compliance, and greater accountability.