Priority announces a strategic integration with Companyweb, a Belgium-based provider of comprehensive trade and business information on both public and private companies, to deliver advanced financial analytics capabilities and enhanced business insights.
With this integration, the data of Priority ERP users' customers and prospects will be automatically updated with the most recent financial and legal information. This will allow customers to maximize the capabilities of Priority's ERP solutions, while benefiting from Companyweb's extensive and up-to-date insights.
This integration introduces a variety of significant enhancements that promise to revolutionize the user experience on the Priority ERP platform. Firstly, the ability to conduct real-time financial health checks provides users with a valuable tool for quickly verifying a customer's financial stability. This feature not only mitigates the risk of unpaid invoices but also streamlines the management of payment behaviors, thereby contributing to operational efficiency. Additionally, the integration provides access to exhaustive financial reports for all Belgian companies. These reports, including information about company management, NACE codes, and critical financial indicators, offer comprehensive insights into business entities.
The integration simplifies the workflow through the continuous updating of data by Companyweb, eliminating the need for disparate data searches. This consolidation of information leads to a more streamlined process, further contributing to operational efficiency. This suite of enhancements encapsulates the ongoing commitment of both Priority and Companyweb to equip their clients with the most effective and efficient tools for business success.
The Companyweb integration allows Priority customers to access both clients' and suppliers' credit scoring, search for companies by their VAT numbers, and gain client and supplier financial health insights directly from the Priority system interface.
"Our partnership with Companyweb underscores our commitment to continually enhance our solutions, ensuring that our customers have the most relevant and timely information at their fingertips" said Gil Michaeli, Global Alliances & Business Development at Priority.
Katrien Billen, Business Development Manager at Companyweb shared, "We are thrilled to offer Priority customers this valuable, integrated tool. Our integration allows them to manage risks, reduce the need for manual data entry and make better business decisions."
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About Companyweb
Companyweb is a Belgium-based provider of trade and business information on public and private companies. The company specializes in providing company information through its proprietary data platform, research tools, and custom analysis, enabling clients to understand the risks, survival rates, payment capacity, profitability, stability, and other key factors of every Belgian company.
