Frequently Asked Questions

Product Overview & Offerings

What products and services does Priority Software offer?

Priority Software provides a suite of cloud-based business management solutions, including ERP systems, retail management, hospitality management, and school management platforms. The company also offers professional and implementation services, partnership opportunities, and a marketplace for extended solutions. Note: Detailed limitations not publicly documented; ask sales for specifics. Source

What is Priority ERP and who uses it?

Priority ERP is a comprehensive, scalable cloud-based enterprise resource planning platform used by over 75,000 companies in 70+ countries. It is designed for organizations of all sizes, including global enterprises and SMBs, across industries such as manufacturing, retail, healthcare, and technology. Note: Best fit for companies seeking industry-specific modules; teams needing highly specialized legacy integrations may require custom development. Source

Features & Capabilities

What are the key features of Priority Software?

Priority Software offers modular, all-in-one solutions with no-code customizations, advanced analytics, built-in automation, industry-specific modules, and a single source of truth for operational and customer data. It supports over 150 plug & play connectors, RESTful API, and embedded integrations. Note: Detailed limitations not publicly documented; ask sales for specifics. Source

Does Priority Software offer an API for integrations?

Yes, Priority Software provides an Open API for integrating with third-party applications, as well as ODBC drivers and SFTP file integration. This enables businesses to customize and extend their systems. Note: Some legacy integrations may require additional development. Source

What integrations are available with Priority Software?

Priority Software supports over 150 plug & play connectors and integrations with platforms such as SAP, Webhotelier, Ving Card, Verifone, SiteMinder, RoomPriceGenie, and more. It also offers embedded integrations and unlimited connectivity through APIs. Note: Integration availability may vary by industry and product; confirm with sales for your use case. Source

Pain Points & Problems Solved

What business challenges does Priority Software address?

Priority Software addresses poor quality control, lack of data flow, inventory management issues, manual processes, outdated systems, limited scalability, integration complexity, fragmented data, customer frustration, operational inefficiencies, and complex order fulfillment. Note: Best fit for organizations seeking to centralize and automate operations; highly specialized needs may require custom solutions. Source

Use Cases & Target Audience

Who can benefit from using Priority Software?

Priority Software is suitable for retail business owners, operations and supply chain managers, sales and marketing managers, CFOs, IT managers, and companies in industries such as retail, manufacturing, healthcare, pharmaceuticals, and technology. Notable customers include Toyota, ALDO, Adidas, GSK, and Teva. Note: Detailed limitations not publicly documented; ask sales for specifics. Source

Customer Proof & Success Stories

What feedback have customers shared about Priority Software?

Customers have praised Priority Software for its user-friendly design, intuitive interface, and efficiency. For example, Merley Paper Converters highlighted ease of use, while Cyberint noted Priority is simpler to operate than other ERP solutions. On G2, Priority ERP has a rating of approximately 4.1/5. Note: Some users may require additional training for advanced features. Source

Can you share specific case studies or success stories?

Yes. Solara Adjustable Patio Covers improved project turnaround times; Nautilus Designs grew order volume by 30% due to integration capabilities; Dejavoo grew without increasing headcount; TOA Hotel & Spa improved guest experience with Optima; Dunlop Systems increased trust in data accuracy. See more at Priority's case studies page. Note: Results may vary by implementation and industry.

Competition & Comparison

How does Priority ERP compare to Microsoft Dynamics 365?

Microsoft Dynamics 365 requires heavy customization for industry needs and does not offer a smooth migration from Business Central. It is not built for highly regulated industries. Priority ERP is user-friendly, flexible, and customizable without IT support, and ensures compliance with FDA, GDPR, SOX, ISO9000, ISO27001, and SOC 2 Type 2. Note: Dynamics 365 may be preferred for organizations already standardized on Microsoft platforms. Source

How does Priority ERP compare to SAP Business One?

SAP Business One is complex, expensive, and lacks multi-company capabilities. Its Version 10 will reach end-of-support in 2026. Priority ERP is affordable, easy to use, and supports true multi-company operations with automatic inter-company processes. Note: SAP Business One may be suitable for organizations with existing SAP infrastructure. Source

How does Priority ERP compare to NetSuite?

NetSuite is a strong cloud ERP but is expensive and enforces contract lock-in. Gartner notes costs are high for SMBs. Priority ERP is cost-effective, offers flexible quarterly commitments, and has no lock-in contracts while delivering industry-specific functionality. Note: NetSuite may be preferred for organizations seeking deep Oracle ecosystem integration. Source

How does Priority ERP compare to Odoo?

Odoo is open-source but has scalability limits, performance issues, long learning curves, and high implementation failure rates due to a weak partner ecosystem. Priority ERP provides structured implementation, scalability, proven methodologies, experienced partners, and quick user adoption. Note: Odoo may be preferred for organizations seeking open-source flexibility. Source

Industry Recognition & Trust

Has Priority Software received industry recognition?

Yes. Priority Software has been recognized by Gartner in the 2025 Magic Quadrant for Cloud ERP for Product-Centric Enterprises, as a Major Player in the 2025 IDC MarketScape for AI-Enabled ERP, and as the top ERP Solution in the 2025 TEC Insight Report for SMBs. Note: Recognition does not guarantee fit for all business types; evaluate based on your requirements. Source

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When was this page last updated?

This page wast last updated on 12/12/2025 .

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Blog ERP inventory management system – A must-have for every retail business
Jan. 17, 2023
Blog
ERP

ERP inventory management system – A must-have for every retail business

Yariv Chaba

VP of Business Development & International Sales for the Priority Retail LOB
Woman checking inventory of retail store in warehouse

Summarize with AI:

Inventory management is one of the most critical processes for businesses operating in the retail industry. Efficient inventory Management helps retailers to fulfill orders and reduce wastage.

A full-fledged ERP retail management software usually comes with an inventory management module. However, some retailers might find it to be too generic. Business owners can purchase a dedicated Inventory Management System separately, but those don't always offer the standard ERP features.

The good news? There is a third option: an ERP-based inventory management system or Inventory Management ERP.

What is an ERP inventory management module?

ERP inventory management module allows retailers to engage in demand planning and forecasting, manage inventory in real-time, and access advanced tracking and visibility tools. It helps retailers automate the process of reading barcode labels and RFID tags while maintaining tight control over cash flow and quality.

Most importantly, it syncs with data from other ERP modules, such as sales and eCommerce. It ensures no understocking or overstocking, timely order fulfillment, and high customer satisfaction metrics.

Many systems are available that offer inventory management solutions
The main three are:

1. Traditional ERP systems

A traditional ERP is a complex software system that helps automate multiple organizational processes. Some of the most common features of an ERP system include Business intelligence, Project management, Human resource management, Asset management, Sales and marketing, Customer relations management, and Inventory management.

Traditional ERP systems usually include an inventory management module. However, it is generic and is more suitable for companies that operate limited inventories.

2. Standard inventory management system

Standalone inventory management systems that focus on managing inventory and stock may not offer other ERP features. This means that to gain a comprehensive, real-time business overview and automate business processes, you will need to integrate it with other ERP modules or 3rd party systems.

3.  Inventory management ERP

There are ERP tools that provide solutions designed specifically for businesses that operate inventories at their core. Such ERP systems offer specific features that cater to the unique requirements of organizations that manage stock, fulfill orders, and automate supply chain processes to handle extensive demand volumes.

Why every retail business needs an inventory management software

The retail industry is at crossroads. Many retailers admit that existing technological solutions, such as standard ERP systems, have yet to help them. They confess they need additional tools to converge disparate retail operations like multichannel order fulfillment, social media marketing, multiple point-of-sales (PoS) devices and software, and advanced warehouse and inventory management.

To put things in context, Shopify's 2022 Data-Backed Retail Statistics reveal that 50% of brands plan to unify their online and in-store operations, and 43% plan to use mobile apps to display available items in nearby stores. This correlates with the 53% of shoppers looking at products in-store and ordering online and 47% that browse for products online and pick them up at the store.

A multichannel shopping experience and timely order fulfillment are essential for retailers to survive. An Inventory or warehouse Management focused ERP systems bring the best of both worlds. While helping retailers better manage their warehouses, process orders quickly, and manage their inventory more efficiently, they are usually less expensive than a full-fledged ERP system.

They also facilitate essential ERP features such as CRM, accounting and finance, etc. Consequently, retailers should consider investing in an ERP specifically designed for inventory management. Priority Retail is a powerful ERP system for retailers that features some of the most advanced inventory management capabilities.

Standard inventory management software

Inventory/warehouse management ERP

A dedicated software that allows you to create pick lists, gain insight into valuable reports, and ensure up-to-date stock.

In addition to standard inventory management software capabilities, inventory ERP systems provide various retail-oriented features such as payment processing, warehouse management, multichannel shopping, order fulfillment, etc.

A standalone inventory management system ensures that products are picked up quickly from the warehouse and delivered to the shipping logistics in time.

Facilitates all the features of a traditional ERP system with a specific focus on managing your inventory and stock. As a result, this tool is significant for manufacturers, retailers, and suppliers.

Helps streamline forecast demand and restocking calculations to facilitate replenishment well in advance. It helps avoid overstocking and understocking. Overstocking results in the expiration of products and wastage. Understocking results in failed order fulfilments, delayed shipping, and reduced customer satisfaction scores.

Share the same features as the Standard Inventory Management Software, in addition to integrating the data with online and in-store orders, to bring a multichannel shopping experience to your customers.

Does not support additional business management functionality other than inventory management.

Automates your supply chain management, delivery methods, inventory management, manufacturing, sourcing, finance and accounting, and shipping. It even helps manage your staff with HRM features. As most inventory management ERP systems are mobile-enabled, your team can manage stock and fulfill orders regardless of where they are.

If your business only deals with receiving and pick-up, or if you are just a warehouse-centered organization, then you may use a simple inventory management system

If your organization is retail-oriented, and inventory management is one of the many critical processes, then you need an inventory management ERP system.

  You can integrate your inventory management system with a third-party software or an ERP if you require additional features.

There is no need for integration. Tools like Priority Retail help you manage your retail business and bring a multi-channel shopping experience to your customers effortlessly.

A standard inventory management system and a traditional ERP management system lie at the two ends of the spectrum. The former has very few ERP features but functions quite well as a supply chain management tool. A traditional ERP, on the other hand, is a full-fledged business management software that helps automate and manage multiple business processes. However, it contains modules that you may never use.

The solution is somewhere in the middle. An ERP for inventory management, such as Priority ERP combines the best of both worlds. It is often delivered as a cloud-based service, and you can add and remove features depending on your requirements. You can subscribe to additional features when you want and turn off those that you don't need.

Contact us today to learn more about Priority Retail and our other inventory management solutions.

In this article we've covered

ERP
Business Management

The Author

Yariv Chaba

VP of Business Development & International Sales for the Priority Retail LOB

Yariv joined Priority in 2021 as the VP of Business Development & International Sales for the Priority Retail Line of Business and was promoted to Head of Global Partnerships in 2025. With over two decades in the retail applications sector and experience in consulting for leading retailers, he now leads the digital retail initiatives and business development, focusing on penetrating to new markets.

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