What is Priority's Financial Management ERP software?

Priority's Financial Management ERP software is a comprehensive, cloud-based solution designed to provide organizations with powerful financial insights, advanced accounting tools, regulatory compliance, cash and budget management, billing, revenue recognition, reconciliation, and process automation. It empowers businesses to make strategic decisions with high accuracy and gain better control over their finances. Source

Who uses Priority's Financial Management ERP?

Priority's Financial Management ERP is used by organizations of all sizes, from global enterprises to small and growing businesses, across industries such as manufacturing, retail, healthcare, construction, professional services, and financial services. Notable customers include Toyota, Flex, Teva, Ace Hardware, and Adidas. Source

What core problems does Priority's Financial Management ERP solve?

Priority's Financial Management ERP addresses challenges such as poor quality control, lack of data flow, poor inventory management, manual processes, outdated systems, limited flexibility, integration complexity, fragmented data, and operational inefficiencies. It centralizes real-time data, automates workflows, and provides a single source of truth for financial and operational data. Source

What industries benefit most from Priority's Financial Management ERP?

Industries that benefit most include manufacturing, retail, distribution, healthcare, construction, professional services, financial services, and non-profit organizations. The system is designed to handle complex financial transactions and streamline financial processes for these sectors. Source

How does Priority's Financial Management ERP support international operations?

Priority's Financial Management ERP supports multi-company, multi-lingual, and multi-currency operations, making it easy to manage finances across global entities. Users can set preferred languages, handle transactions in various currencies, and consolidate financial reports for international business needs. Case Study

Is Priority's Financial Management ERP compliant with industry standards?

Yes, Priority's Financial Management ERP is compliant with major industry standards and certifications, including SOC 2, GDPR, and AICPA. This ensures data security, privacy, and regulatory compliance for organizations operating in regulated industries. Source

What are the key features of Priority's Financial Management ERP?

Key features include embedded AI (aiERP), cash management, billing, profit control, budget management, revenue recognition, payments, financial statement generator, and fixed asset management. The system also offers automation, real-time reporting, and multi-dimensional analysis. Source

How does embedded AI (aiERP) enhance financial management?

aiERP enables users to interact with the system using natural language, automate workflows, improve planning with AI-driven forecasting, optimize deliveries, generate AI-assisted communications, and gain clearer visibility through AI-powered analytics. This reduces manual effort and accelerates decision-making. Source

Can Priority's Financial Management ERP automate billing and invoicing?

Yes, the system automates invoicing and cash flow management, supporting various billing methods such as project-based, recurring, and delivery-based billing. This reduces manual errors and streamlines financial control. Source

Does Priority's Financial Management ERP support real-time financial reporting?

Yes, the system provides real-time visibility into financial data, enabling users to generate and customize financial reports such as income statements, balance sheets, profit and loss reports, and trial balances. Source

How does Priority's Financial Management ERP handle multi-company and multi-currency operations?

The system allows users to manage multiple companies, currencies, and languages within a single platform. It supports consolidated reporting and seamless financial management for organizations with global operations. Case Study

Can I customize financial reports in Priority's Financial Management ERP?

Yes, users can customize financial reports using the built-in financial statement generator. Reports can be tailored to specific requirements, including custom data fields, formatting, and filters for different departments or stakeholders. Source

Does Priority's Financial Management ERP integrate with other systems?

Yes, Priority offers over 150 plug & play connectors, unlimited API connectivity, ODBC drivers, RESTful API, and file integration via SFTP. This enables seamless integration with third-party tools and legacy systems. API Details

Is there technical documentation available for Priority's Financial Management ERP?

Yes, comprehensive technical documentation is available, covering features, supported industries, and product details. Access the documentation at Priority's ERP documentation page .

How does Priority's Financial Management ERP improve operational performance?

The system automates cross-departmental processes, connects departments and customers, provides pre-defined reports, and enables holistic financial data analysis. This leads to higher productivity, better decision-making, and more efficient operations. Source

Can Priority's Financial Management ERP help with compliance and regulatory requirements?

Yes, the system ensures seamless compliance with changing regulations, automates financial processes, and maintains accurate, auditable records. It supports compliance with standards such as SOC 2, GDPR, and AICPA. Source

How does Priority's Financial Management ERP support budget planning and forecasting?

The system offers comprehensive budgeting and forecasting tools, enabling users to create, manage, and analyze budgets based on real-time financial data. It helps compare actual performance against budgets and project future outcomes for informed decision-making. Source

What customer pain points does Priority's Financial Management ERP address?

It addresses pain points such as lack of real-time insights, operational inefficiencies, inventory inaccuracies, disconnected systems, high IT costs, and challenges in compliance and reporting. The platform centralizes data, automates workflows, and provides actionable analytics. Source

Are there customer success stories for Priority's Financial Management ERP?

Yes, customers such as Simplivia Healthcare, Octal, Gevasol B.V., Ultimat Frames, Dejavoo, and Arkal Automotive have reported improved management, faster reporting, and easier international operations. Read their stories at Priority's case studies page .

What feedback have customers given about Priority's Financial Management ERP?

Customers praise its intuitive interface, ease of use, and efficiency. For example, Dejavoo's CFO highlighted the one-click consolidated reporting, and Merley Paper Converters noted improved daily task management without IT reliance. Dejavoo Case Study

How does Priority's Financial Management ERP compare to Microsoft Dynamics 365?

Microsoft Dynamics 365 requires heavy customization for industry needs and lacks smooth migration from Business Central. Priority ERP is user-friendly, flexible, customizable without IT support, and ensures compliance with standards like FDA, GDPR, SOX, ISO9000, ISO27001, and SOC 2 Type 2. Source

How does Priority's Financial Management ERP compare to SAP Business One?

SAP Business One is complex, expensive, and lacks multi-company capabilities. Priority ERP is affordable, easy to use, maintains the same platform (no forced migrations), and supports true multi-company operations with automatic inter-company processes. Source

How does Priority's Financial Management ERP compare to NetSuite?

NetSuite is a strong cloud ERP but is expensive and enforces contract lock-in. Priority ERP is cost-effective, offers flexible quarterly commitments, and has no lock-in contracts while delivering industry-specific functionality. Source

How does Priority's Financial Management ERP compare to Acumatica?

Acumatica lacks industry-specific features, has limited WMS, a steep learning curve, and unpredictable pricing. Priority ERP offers industry-tailored solutions, a native scalable WMS, ease of use, and flexible quarterly commitments with no lock-in. Source

How does Priority's Financial Management ERP compare to Sage X3?

Sage focuses on accounting, not full ERP, and many Sage products are nearing end-of-life. Priority ERP integrates accounting with analytics, automation, and industry features, and supports no-code customizations for apps, portals, workflows, and automation. Source

How does Priority's Financial Management ERP compare to Odoo?

Odoo is open-source but has scalability limits, performance issues, and high implementation failure rates. Priority ERP provides structured implementation, scalability, proven methodologies, experienced partners, and quick user adoption. Source

Does Priority's Financial Management ERP offer an open API?

Yes, Priority provides an Open API for seamless integration with third-party applications, enabling businesses to tailor their systems to specific operational needs. API Details

What types of integrations are available for Priority's Financial Management ERP?

Priority offers over 150 plug & play connectors, embedded integrations, ODBC drivers, RESTful API, and file integration via SFTP. This allows for integration with hospitality, ERP, payments, and other industry-specific systems. Integration Details

Is Priority's Financial Management ERP accessible on mobile devices?

Yes, the platform is accessible from any desktop or mobile device, enabling users to manage financial processes and access reports on the go. Source

Does Priority's Financial Management ERP support automation of workflows?

Yes, the system includes built-in automated workflows and AI recommendations to improve operational efficiency and reduce manual errors across departments and locations. Source

What professional and implementation services are available for Priority's Financial Management ERP?

Priority offers professional and implementation services to ensure smooth onboarding and optimal utilization of its software solutions. These services include training, support, and tailored implementation strategies. Implementation Services

How do customers rate Priority's Financial Management ERP for ease of use?

Priority ERP has received a rating of approximately 4.1/5 on G2, with users highlighting its intuitive interface, user-configurability, and ease of use compared to other ERP solutions. Customer Reviews

What support resources are available for Priority's Financial Management ERP?

Support resources include technical documentation, a dedicated support team, and access to Priority's professional and implementation services. Customers can also access case studies and resources for best practices. Documentation

When was this page last updated?

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

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Complete financial visibility where it matters most

Priority's financial management ERP software provides powerful financial insights, empowering you to make strategic decisions with high accuracy and gain better control over your finances. With advanced capabilities in accounting, regulatory, cash and budget management, billing, revenue recognition, reconciliation and process automation, Priority's Financial Management solution boosts your operations and helps you achieve smarter workflow management.

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Priority's financial management ERP boosts operational performance

Automate cross-departmental processes for higher productivity

Manage multi-company, multi-lingual, and multi-currency operations with ease

Connect departments and customers seamlessly for fast and smooth operations

Benefit from pre-defined reports and a report generator for better-informed decisions

Obtain a holistic view of financial data via multi-dimensional report analysis

Plan strategies and handle opportunities effectively with aggregate data

Boost productivity with automated workflows

Ensure seamless compliance with changing regulations

Schedule a no-obligation call with one of our experts to get expert advice on how Priority can help streamline your operations.

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Key features

Embedded AI with aiERP

Priority's aiERP helps your teams work faster, make better decisions, and automate routine work without disrupting existing processes.
AI is embedded directly into the ERP, giving users answers, insights, and automation exactly where they work, reducing manual effort, accelerating decisions, and turning operational data into real, day-to-day business value.

With aiERP, users can interact with the system using natural language to query data, create business rules, and automate workflows; improve planning with AI-driven demand forecasting; optimize deliveries through intelligent route planning; generate smarter communications with AI-assisted content creation; and gain clearer visibility through AI-powered analytics, helping organizations respond faster, operate more efficiently, and stay in control as they scale.

Cash management

Optimize financial processes through real-time visibility into financial transactions and automate payment processing for better-informed decisions.

Conveniently manage financial tasks, including checking account balances, transferring funds, and paying bills, with digital banking.

Save time and effort and provide greater control and flexibility in managing company finances.

Manage revenue recognition effectively and gain a clear understanding of its impact on overall financial stability.

Billing

Bill customers easily based on best practices with various billing methods and functions, including project-based billing, recurring revenues, delivery-based billing, and revenue recognition.

Automate invoicing and cash flow management for streamlined control rather than relying on a labor-intensive, time-consuming, and error-prone manual process.

Profit control

Achieve greater profitability by efficiently controlling the profit of each business unit and identifying and reducing unnecessary expenses with real-time visibility into financial data.

Track and analyze expenses, make informed decisions about optimizing spending, and improve profitability.

Budget management

Manage and monitor the company's budget with real-time financial data visibility.

Analyze expenses throughout the procurement process, keeping the organization on track with its financial plan.

Revenue recognition

Record and report revenue accurately and transparently with our tools.

Manage revenue effectively and gain a clear understanding of its impact on overall financial stability.

Payments

Streamline customer payments with our fully integrated payment solution. Our smart tools and advanced payment functionalities support various payment methods, including credit cards, PayPal, ACH, and more.

Accessible from any platform, desktop, or mobile device, our solution ensures convenient payment processing anytime.

Financial statement generator

Effortlessly generate and customize financial reports with a powerful report-building tool.

Create income statements, balance sheets, profit and loss reports, trial balances, and supporting schedules based on data in the general ledger.

Fixed assets

Efficiently manage the fixed asset lifecycle with seamless integration to accounts payable, inventory management, and general ledger.

Calculate tax and book depreciation, manage sales, proposals, adjustments, and revaluations using multiple methods of business asset input.

Record asset data automatically in a fixed asset journal to streamline back-office asset operations management.

Case studies

ERP

“The main improvement is evident in the streamlined management and reporting processes, which have become faster, easier, and more efficient.”

David Deluya, VP Finance at Simplivia Healthcare Ltd

ERP

“We have sister companies, vendors and customers spread across the globe, and doing business worldwide is a breeze in Priority. From choosing your currencies and specific documents, or being able to set up for our employees their preferred language in the system. It's all a simple click of a button.”

Danielle Bruck, COO, Octal

ERP

“We're an international company, so we have English as the main language, but in the group, we have 18 entities all over the world with different languages and different currencies. So we have all information about all currency in different columns and different styles and reporting.”

Michael Smits, Plant Manager, Gevasol B.V.

ERP

Ultimat Frames Case Study Cover Image 1200X630 1

“Over the years, we've continued to provide more than just the UK market, most of Europe, UAE, US. And the great thing about Priority is that we can produce all of our paperwork via Priority, we can receive in different currencies and Priority supports that for us, that makes a huge difference.”

Chris Neighbor, Director & Part owner, Ultimat Frames

ERP

Dejavoo Executive In Branded Shirt Seated At A Desk In A Modern Office, Surrounded By Framed Certificates And Office Equipment, Highlighting Business Process Improvements With Priority Erp

“With Priority, at one click of a button, it shows me my consolidated reports, shows me exactly what we have, where we have on a moment's notice. I hit one button, I've got my answer. It's a one stop shop.”

Enrique Menocal, CFO, Dejavoo

ERP

“The multi-lingual and the multi-company makes it easier because we all use the same system, we all have the same reporting package, we can pull the same financial reports and then they can be consolidated at our corporate office and then they can use the same reporting package for them.”

Gretchen Deitch, Controller, Arkal Automotive

FAQs

How does ERP impact financial management?

ERP has a significant impact on financial management by centralizing and automating financial processes within an organization. It integrates various financial functions, such as accounting, budgeting, invoicing, billing, and financial reporting, into a single cohesive system. This streamlines financial operations, reduces manual errors, and enhances data accuracy. ERP provides real-time visibility into financial data, enabling better financial analysis, forecasting, and decision-making. With a centralized database, financial information is easily accessible and can be shared across departments, improving collaboration and financial transparency. Additionally, ERP facilitates compliance with financial regulations and auditing requirements, ensuring financial data security

Can financial management ERP be used for accounting?

Yes, financial management ERP can be used for accounting. ERP systems often include a robust financial management module that handles various accounting functions, such as general ledger, accounts payable, accounts receivable, bank reconciliation, and financial reporting. These systems automate and streamline accounting processes, reducing manual efforts and errors. They offer real-time access to financial data, enabling accurate and up-to-date financial reporting and analysis. With integrated financial management capabilities, ERP systems serve as comprehensive accounting solutions that support efficient financial management, compliance, and decision-making within an organization.

What is the difference between ERP and financial system?

The key difference between ERP and a financial system lies in their scope and focus. ERP is a comprehensive integrated software suite that covers a wide range of business functions across an organization, such as finance, HR, supply chain, manufacturing, sales, and more. It facilitates data flow and information sharing between different departments, promoting efficient coordination and providing a centralized view of the organization's operations. On the other hand, a financial system is a software solution specifically designed to manage financial-related processes, such as accounting, budgeting, invoicing, and financial reporting. While ERP includes financial management as one of its modules, a financial system is more specialized and concentrated solely on financial functions. While ERP offers a broader and more all-encompassing approach to managing business operations, a financial system is specifically focused on handling financial data and processes.

Can Financial Management ERP handle compliance requirements?

Yes, Financial Management ERP can handle compliance requirements effectively. These ERP systems often include features and tools designed to support compliance with various financial regulations and reporting standards. By automating financial processes and maintaining accurate and auditable records, ERP helps ensure adherence to compliance requirements. It facilitates the generation of financial reports in line with regulatory standards and provides real-time access to financial data, making it easier to demonstrate compliance during audits. Additionally, ERP's role-based access control and data security measures contribute to maintaining the confidentiality and integrity of financial information, further supporting compliance efforts. Overall, Financial Management ERP systems play a crucial role in helping organizations meet their compliance obligations and minimize the risk of non-compliance issues.

Does Financial Management ERP facilitate multi-currency and international financial management?

Yes, Financial Management ERP systems facilitate multi-currency and international financial management. These ERP solutions are designed to handle transactions and financial data in multiple currencies, allowing businesses to conduct operations and manage finances in different currencies for international transactions. ERP's multi-currency capabilities enable accurate and real-time currency conversions, making it easier to record and report financial data in a standardized currency format. This functionality also supports international financial reporting, helping businesses comply with diverse accounting standards and regulatory requirements in different countries. With multi-currency support, Financial Management ERP systems are well-equipped to manage the complexities of international financial operations, providing businesses with the tools they need for effective global financial management.

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