Delivers budgeting, forecasting, scenario and profitability modeling, ALM, and regulatory planning with analytic dashboards and automated reporting tailored for insurers and financial organizations.
More about Syntellis Performance Solutions (A part of Strata Decision Technology)
Applications that support budgeting, forecasting, and financial modeling to help insurers plan for future performance and resource allocation.
More Financial Planning and Analysis Tools
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Multi-Source Data Import Supports importing data from spreadsheets, accounting software, ERPs, CRMs, and claims systems. |
Axiom integrates with spreadsheets, ERPs, accounting, and claims systems as claimed in Axiom documentation for financial institutions. | |
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Automated Data Refresh Ability to schedule regular and automated updates of datasets from source systems. |
Axiom supports scheduled and automated data refreshes from source systems (as described in product documentation and typical for enterprise FP&A). | |
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Real-Time Data Sync Supports real-time synchronization with associated data sources for live analysis. |
Axiom supports real-time data sync for certain integrations and dashboards, targeting live decision-making for insurers. | |
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Custom ETL (Extract, Transform, Load) Pipelines Allows users to build data transformation and mapping rules between systems. |
Supports custom ETL pipelines for mapping data sources to Axiom's models (per Syntellis data integration capabilities). | |
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API Connectivity Can be integrated with external applications using standard or custom APIs. |
Axiom provides API connectivity and supports integrations with external applications (as per Syntellis technical documentation). | |
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Data Validation & Cleansing Includes tools to check, clean, and standardize imported data to ensure accuracy. |
Includes data validation/cleansing functionality; documentation states support for data accuracy/quality. | |
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Data Import Speed Maximum speed at which the system can import data from connected sources. |
No information available | |
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Historical Data Import Limit The maximum historical data range that can be ingested for trend analysis. |
No information available | |
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Prebuilt Insurance Integrations Includes out-of-the-box integrations with common insurance platforms (e.g., Guidewire, Duck Creek). |
Syntellis highlights prebuilt connectors for insurance solutions including Guidewire, Duck Creek. | |
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User Access Controls on Data Import Support for role-based access and approval workflows for data importing. |
Role-based access and approval workflows for data import are standard within the suite. |
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Multi-Scenario Budgeting Enables creation and comparison of multiple budget and forecast scenarios. |
Multi-scenario budgeting is a core feature as advertised for insurance clients. | |
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Rolling Forecasts Supports continuous, rolling updates to financial forecasts. |
Axiom is described as supporting rolling forecasts for FP&A. | |
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Top-Down & Bottom-Up Planning Offers both centralized and departmental planning approaches. |
Both top-down and bottom-up planning are featured as best practices supported by Axiom. | |
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Driver-Based Planning Utilizes key financial and operational drivers for forecasting processes. |
Driver-based planning is explicitly promoted for resource allocation and scenario analysis. | |
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Scenario Planning Speed Time required to generate alternate scenario plans. |
No information available | |
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Collaboration Tools for Budgeting Enables multiple users to participate in budgeting and forecasting simultaneously. |
Axiom includes collaboration tools supporting multiple participants. | |
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Audit Trail for Changes Tracks and logs all changes made to budgets and forecasts. |
Audit trails for changes are included to support compliance. | |
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Budget Version Control Supports multiple versions of budgets and forecast models with rollback. |
Budget version control and rollback features are described in documentation. | |
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Adjustable Time Horizons Allows custom definition of forecasting and budget periods (monthly, quarterly, annual, etc.). |
Adjustable time horizons (monthly, quarterly, annual, custom) supported. | |
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Integrated Assumption Libraries Facilitates reuse and standardization of planning assumptions (e.g., inflation, claims frequency). |
Integrated assumption libraries are included for standardization and re-use. | |
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Forecast Accuracy Measurement Tracks accuracy of forecasts compared to actuals over time. |
Forecast accuracy measurement and variance tracking to actuals is supported. |
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Customizable Financial Models Allows users to create or modify financial models specific to the insurance business. |
Highly customizable financial models, tailored for insurance industry. | |
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Embedded Actuarial Calculations Includes built-in actuarial and statistical functions (e.g., loss triangles, reserving models). |
Embedded actuarial/statistical calculations such as loss triangles and ALM are included. | |
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What-If Analysis Enables dynamic adjustments to inputs for on-the-fly scenario evaluation. |
What-if scenario analysis is a core capability of Axiom's insurance modules. | |
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Predictive Analytics Supports machine learning and statistical modeling for claims trend prediction and pricing. |
Predictive analytics for claims and trend analysis are specifically mentioned. | |
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Monte Carlo Simulation Built-in functionality to run probability-based simulations for risk analysis. |
Monte Carlo simulation and stochastic modeling included for risk, ALM, and capital planning. | |
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Sensitivity Analysis Ability to test and visualize the impact of changing key input variables. |
Sensitivity analysis tools are included for insurance risk analysis. | |
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Model Calculation Speed Average time required to run a complex model. |
No information available | |
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Model Library Provides a library of prebuilt models for insurance (e.g., cash flow, solvency, premium projection). |
Axiom offers a library of prebuilt models for cash flow, solvency, premium projection and more. | |
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Versioning of Models Tracks and allows reversion of changes to financial models. |
Model versioning features available. | |
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Documentation Support Allows in-tool documentation and annotation of model logic. |
Model documentation is available within the tool for audit/compliance. | |
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Modular Model Components Enables creation and reuse of model building blocks to streamline future modeling. |
Model modularization and re-use supported. |
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Customizable Dashboards Users can build and personalize dashboards with charts, graphs, and KPI widgets. |
Customizable dashboards with analytic widgets are key aspects of the suite. | |
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Prebuilt Financial Reports Includes a set of standard insurance financial reporting templates (e.g., statutory, regulatory). |
Prebuilt financial reports for insurance regulatory/statutory compliance included. | |
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Ad Hoc Reporting Users can quickly generate custom reports without IT assistance. |
Ad hoc and flexible reporting is a prominent feature of Axiom. | |
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Scheduled Reporting Reports can be scheduled for automatic generation and distribution. |
Automated scheduled reporting functionality built in. | |
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Self-Service Analytics Enables business users to build and analyze reports independently. |
Self-service analytics for business users are supported. | |
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Data Export Formats Supported number of export formats (e.g., PDF, Excel, CSV, XML). |
No information available | |
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Interactive Visualization Tools Includes tools for interactive data exploration (e.g., drilldowns, filters). |
Interactive visualization tools like drilldowns, filters, and custom charting included. | |
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Mobile-Ready Reporting Dashboards and reports are accessible and optimized for mobile devices. |
Reporting and dashboards are mobile-optimized. | |
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Narrative Commentary Users can add textual commentary or explanations to reports. |
Narrative commentary can be added to reports and dashboards. | |
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Role-Based Report Access Controls who can view, edit, or share reports based on user roles. |
Role-based access controls for reporting featured. | |
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Real-Time Dashboards Visualizations refresh dynamically with live data feeds. |
Dashboards can be configured for real-time refresh with live data, where supported by source. |
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In-Platform Messaging Facilitates direct communication among users within the application. |
No information available | |
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Task Assignment & Tracking Enables tracking and delegation of tasks involved in planning and analysis cycles. |
Task assignment, tracking, and collaboration tools described in Axiom workflow management. | |
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Approval Workflows Configurable multi-step approval processes for budgets and forecasts. |
Approval workflow configurable for financial and insurance processes. | |
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Change Notifications Automated alerts and updates for key events or submissions. |
Automated change notifications are supported for plan/forecast submissions. | |
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Concurrent Editing Multiple users can edit budgeting or forecasting documents at the same time. |
Concurrent editing by multiple participants is available. | |
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Commenting & Annotations Users can comment on specific cells, reports, or model assumptions. |
Commenting and annotation on plans and reports available during collaboration. | |
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Collaboration Audit Log Tracks all user actions and collaboration events. |
Collaboration audit log available (user actions tracked for compliance/security). | |
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Workflow Template Library A set of prebuilt workflow templates for insurance FP&A processes. |
Workflow templates for insurance FP&A are included. | |
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User Activity Dashboard Provides a summary of current user assignments, approvals, and tasks. |
User activity dashboard provided for workflow and status monitoring. | |
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Time to Approve Workflow Step Average time it takes for approval workflows to be completed. |
No information available |
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Data Encryption All data is encrypted both at rest and in transit. |
Encryption of data at rest and in transit is explicitly stated in Axiom compliance materials. | |
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Role-Based Access Control Access permissions can be tailored to individual roles within the organization. |
Role-based access controls are a standard security feature. | |
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Audit Trails Complete logging of user actions and data modifications for compliance. |
Audit trails of user activity available for compliance. | |
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Regulatory Reporting Templates Includes built-in templates for insurance compliance and regulatory filings (e.g., IFRS 17, Solvency II). |
Regulatory report templates for IFRS, Solvency II, etc., included and advertised. | |
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GDPR/CCPA Support Features to facilitate compliance with data protection regulations. |
GDPR/CCPA support and privacy features available. | |
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Single Sign-On (SSO) and MFA Supports enterprise authentication protocols and multi-factor authentication. |
Single Sign-On (SSO) and Multi-Factor Authentication (MFA) supported. | |
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Data Retention Policies Configurable data archival and retention management. |
Data retention/archival policies can be configured. | |
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Penetration Testing Frequency How often the system undergoes security penetration testing. |
No information available | |
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User Session Timeout Controls Customizable inactivity timeouts for user sessions. |
User session timeout controls are offered and can be configured. | |
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Incident Response Procedures Documented procedures for managing security breaches. |
Documented procedures for incident response available; compliance frameworks noted. | |
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Data Residency Options Ability to select data storage in specific geographic regions. |
Data residency options can be specified to meet insurer compliance needs. |
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Claims Forecasting Tools for projecting future insurance claims based on trends and actuarial data. |
Claims forecasting tools are described as part of the insurance suite. | |
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Policyholder Profitability Analysis Ability to analyze profitability by policy segment or product line. |
Profitability analysis by policy segment or product line highlighted in product literature. | |
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Loss Ratio Analytics Automatic calculation and trend analysis for key insurance ratios (e.g., loss, expense, combined). |
Loss ratio analytics, including loss/expense/combined ratios, are automatic. | |
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Premium Revenue Modeling Supports forecasting and backtesting premium revenue scenarios. |
Premium revenue modeling and scenario tools for insurance are core Axiom financials features. | |
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Reserve Adequacy Testing Built-in analytics for claims reserving and adequacy verification. |
Reserve adequacy analytics provided for insurance clients. | |
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Reinsurance Planning Tools Assists with modeling the impact of reinsurance structures. |
Reinsurance planning models included as per insurance suite documentation. | |
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Compliance with Insurance Accounting Standards Includes logic for accounting under statutory frameworks. |
Compliance with insurance accounting standards such as statutory frameworks cited. | |
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Underwriting Channel Analysis Provides analysis tools for profitability by channel or intermediary. |
Tools for underwriting channel analysis available for channel/intermediary profitability. | |
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Policy Lifecycle Modeling Models full policy life from quote to claim, renewal, or lapse. |
Policy lifecycle modeling from quote to claim/renewal supported. | |
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Integration with Actuarial Tools Can be connected to external actuarial systems (e.g., Moody's Analytics, Milliman). |
Integration with actuarial tools (e.g., Moody’s, Milliman) available according to documentation. |
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Intuitive User Interface Designed for easy navigation, with consistent layouts and terminology. |
User interface designed for financial and insurance professionals with preference for intuitive layouts. | |
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Customizable Workspaces Users can personalize dashboards and layouts. |
Customizable user workspaces/layouts are part of the platform's personalization options. | |
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User Onboarding Tutorials Guided onboarding and contextual training within the product. |
User onboarding tutorials and guides are available for new users. | |
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Multi-Language Support Available in multiple languages for diverse teams. |
Multi-language support for international insurers included as an optional feature. | |
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Accessibility Compliance Complies with common accessibility standards (e.g., WCAG 2.1). |
Accessibility standards (such as WCAG) are referenced in Syntellis approach to usability. | |
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In-Tool Help & Documentation Comprehensive, searchable help resources available within the application. |
In-tool help/documentation is available throughout the product. | |
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Average User Task Speed Mean time required to complete common tasks (e.g., running a forecast). |
No information available | |
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Error Message Clarity Clear, actionable feedback when issues occur. |
Error messages are designed to be actionable for business users. | |
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Bulk Data Update Tools Efficient interfaces for updating large datasets. |
Bulk data update tools are advertised for large scale transaction/data management. | |
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Keyboard Shortcuts Keyboard-based navigation and command options. |
Keyboard shortcuts are mentioned in usability documentation. |
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Cloud-Based Deployment Offered as a fully managed SaaS solution. |
Axiom is primarily a cloud-based SaaS platform. | |
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On-Premises Option Ability to deploy the product on local infrastructure if required. |
On-premises option is available for selected clients with regulatory requirements. | |
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Multi-Tenancy Can securely host multiple business units or legal entities within a single platform. |
Multi-tenancy is possible, supporting multiple business units/entities. | |
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Concurrent User Capacity Maximum number of users supported simultaneously. |
No information available | |
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Geographic Data Centers Number of global data center locations for redundancy and compliance. |
No information available | |
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High Availability Uptime Service level guarantee for platform uptime. |
No information available | |
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Disaster Recovery Features Tools for automatic failover and data recovery. |
Disaster recovery features are included with automated failover. | |
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Elastic Compute Scaling Automatically increases resources as workloads grow. |
Elastic compute scaling available in SaaS deployments. | |
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Integration with Identity Providers Supports integration with enterprise SSO and directory services (e.g., Active Directory, Okta). |
Integration with enterprise SSO/directory services (e.g., AD, Okta) is supported. | |
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Mobile & Tablet Compatibility Works fully on mobile and tablet devices for remote or field staff. |
Mobile and tablet compatibility is promoted for financial and insurance workflow. |
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Open API Availability Comprehensive, documented APIs for extending or integrating the platform. |
Open API and developer documentation available. | |
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Prebuilt ERP Connectors Includes ready-to-use connections to leading ERP suites (SAP, Oracle, etc.). |
Prebuilt ERP connectors (SAP, Oracle, etc.) are available as standard integrations. | |
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Plug-In Framework Supports custom plug-ins for bespoke functionality. |
No information available | |
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Integration Monitoring Dashboard Monitors and reports on the status of all integrations. |
Integration monitoring dashboards available in admin modules. | |
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Custom Scripting/Logic Support Allows users to write custom scripts for data transformation or business logic. |
Supports custom scripting and business logic for integration/data transformation. | |
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Webhook Support Can trigger and respond to webhooks for event-based integration. |
Webhook support cited for event-driven integrations. | |
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Marketplace for Add-Ons Access to a library of certified extensions or partner apps. |
Marketplace or add-on/extensions library available for some Axiom modules. | |
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Integration Throughput Maximum supported transactions between systems per minute. |
No information available | |
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Legacy System Support Can connect and synchronize with older on-premises or mainframe systems. |
Legacy system integration (mainframe or older on-premises) supported via custom connectors. | |
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Custom Notification Channels Allows integration with external messaging or notification platforms (e.g., Slack, Teams, email). |
No information available |
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24/7 Support Availability Round-the-clock technical and user support access. |
24/7 technical/user support is advertised. | |
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Dedicated Account Manager A designated representative for customer queries and escalations. |
Dedicated account manager assigned for enterprise customers. | |
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Implementation Services Professional services for onboarding, configuration, and deployment. |
Professional implementation services provided during onboarding. | |
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Training Resources Comprehensive training materials and programs for end users and admin staff. |
Comprehensive training materials and programs offered by Syntellis. | |
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Community Forums Access to online user communities for peer support. |
Access to online user community/forums for peer support available. | |
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Service Level Agreements (SLAs) Guaranteed response and resolution times for support issues. |
Service Level Agreements (SLAs) for response time are available for enterprise accounts. | |
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Supported Languages Number of available support languages. |
No information available | |
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User Conference & Webinars Periodic conferences and webinars for product updates and best practices. |
Periodic webinars and user conferences are scheduled for product and best practice updates. | |
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Feedback & Enhancement Channels Structured method for users to submit product feedback or feature requests. |
Feedback and enhancement channels available for customer suggestions. | |
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Vendor-Managed Upgrades Regular updates and upgrades are managed by the vendor. |
Vendor-managed upgrades as part of SaaS delivery model. |
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