Frequently Asked Questions
Product Information & Open Banking Law
What is open banking and how does it impact small businesses in Israel?
Open banking is a regulatory reform that allows customers to view all their financial information in one place and share it securely with authorized third parties. In Israel, the Open Banking Law came into effect in June 2023, enabling small business owners to consolidate financial data, gain better control over expenses and income, and access tailored financial offers from various providers. The law ensures that only approved entities, regulated by the Israel Securities Authority, can access this data, and customers decide what information is shared and for how long. Learn more.
How does Priority Software support businesses in managing expenses under open banking?
Priority Software provides advanced financial management modules that help businesses centralize financial data, analyze cash flow, and make strategic decisions. These modules integrate seamlessly with open banking APIs, allowing users to track all financial activities, compare offers, and optimize expense management. Explore Priority's financial management module.
What privacy and data security measures are in place for open banking integrations?
Open banking in Israel is strictly regulated. Customers control what data is shared, with whom, and for how long. The Israel Securities Authority licenses and monitors all entities accessing financial data, ensuring compliance with stringent security standards. Priority Software's integrations use secure APIs and comply with industry best practices for data protection. Read more.
What are the main benefits of open banking for small business owners?
Open banking offers small business owners centralized financial data, improved cash flow management, access to a wider range of financial services, enhanced security, and the ability to compare financial products easily. It simplifies financial decision-making and enables businesses to receive tailored offers based on their actual financial situation. Learn more.
How does Priority Zoom ERP help small businesses manage financial operations?
Priority Zoom ERP is a dedicated cloud-based ERP solution for growing small businesses. It provides an all-in-one platform for managing financial operations, including accounting, cash flow, and regulatory compliance. The system is easy to use and integrates with open banking APIs for real-time financial insights. Learn more about Priority Zoom.
What role do fintech companies play in open banking?
Fintech companies leverage technology to improve financial processes and offer innovative solutions. In open banking, they use secure APIs to access financial data (with customer consent) and provide tailored financial products, analytics, and automation tools that help businesses make smarter decisions. Read more.
How does Priority Software's API facilitate secure financial data sharing?
Priority Software offers an Open API that enables secure, seamless integration with third-party applications and financial institutions. This allows businesses to share financial data safely, automate workflows, and customize their systems to meet specific operational needs. Learn more about Priority's Open API.
Can Priority Software help me compare financial products and offers?
Yes, Priority Software's financial management modules allow you to consolidate financial data and compare offers from different providers, helping you make informed decisions and optimize your business's financial performance. Explore financial management features.
How does Priority Software ensure compliance with financial regulations?
Priority Software's solutions are designed to comply with local and international financial regulations, including data protection and reporting standards. The platform supports regulatory requirements for accounting, tax, and cash flow management, ensuring businesses remain compliant. Learn more about compliance features.
What is the advantage of consolidating financial data in one system?
Consolidating financial data in one system provides business owners with a comprehensive view of their assets, cash flow, and financial health. It enables better decision-making, easier analysis, and the ability to compare financial products and costs efficiently. Read more.
Features & Capabilities
What core products and solutions does Priority Software offer?
Priority Software offers cloud-based business management solutions including ERP systems, retail management, hospitality management, and school management platforms. These solutions are designed for businesses of all sizes and industries, providing scalability, agility, and real-time insights. Explore ERP solutions.
Does Priority Software support integrations with other platforms?
Yes, Priority Software supports over 150 plug & play connectors, RESTful APIs, ODBC drivers, and SFTP file integrations. It offers embedded integrations and unlimited connectivity, making it easy to connect with third-party tools and industry-specific platforms. See integration options.
What technical documentation is available for Priority Software?
Priority Software provides comprehensive technical documentation for its ERP solutions, covering features, supported industries, and product capabilities. Documentation is available online for prospects and customers. Access documentation.
What industries does Priority Software serve?
Priority Software serves a wide range of industries including retail, manufacturing, healthcare, pharmaceuticals, technology, hospitality, construction, agriculture, logistics, and education. Solutions are tailored to meet the unique needs of each sector. See industry solutions.
Does Priority Software offer mobile ERP solutions?
Yes, Priority Software offers mobile ERP applications for field services, sales agents, proof of delivery, and mobile back office operations, enabling real-time access and management from any device. Learn about mobile ERP.
What are the main features of Priority's retail management solution?
Priority's retail management solution includes head office controls, POS, omnichannel CRM, customer loyalty management, inventory control, e-commerce, order management, and unified commerce capabilities. It supports multi-location and high-volume retail environments. Explore retail management features.
Does Priority Software support hospitality management?
Yes, Priority Software offers a comprehensive hospitality management suite including Optima PMS, CRM, POS, event management, spa management, and marketplace integrations for hotels, resorts, and hostels. Learn about hospitality management.
What is Priority Market?
Priority Market is a dedicated marketplace for extended solutions, offering a catalog of complementary products and integrations to enhance Priority Software's core offerings. Visit Priority Market.
Use Cases & Benefits
Who can benefit from Priority Software's solutions?
Priority Software is ideal for small businesses, growing enterprises, retail chains, manufacturers, healthcare providers, hospitality businesses, and educational institutions seeking scalable, integrated management solutions. See customer stories.
What problems does Priority Software solve for retail businesses?
Priority Software addresses retail pain points such as lack of real-time insights, operational inefficiencies, inventory inaccuracies, disconnected customer experiences, and high IT costs. It provides centralized management, automation, and omnichannel capabilities. Read more.
How does Priority Software help with inventory management?
Priority Software optimizes inventory levels, improves forecasting and demand planning, and enhances supply chain efficiency. It provides real-time traceability and centralized data for better decision-making. Learn about inventory control.
How does Priority Software address operational inefficiencies?
Priority Software automates workflows, provides AI-driven recommendations, and centralizes data to improve efficiency across departments and locations. This reduces manual processes and enables staff to focus on higher-value tasks. Explore automation features.
Can Priority Software help businesses replace outdated systems or Excel?
Yes, Priority Software replaces legacy systems and spreadsheets with a centralized ERP platform, streamlining operations, reducing risk, and empowering better decisions. Learn about ERP migration.
How does Priority Software support multi-company operations?
Priority Software supports true multi-company operations with automatic inter-company processes, centralized data management, and seamless reporting across entities. See multi-company features.
What customer success stories demonstrate Priority Software's impact?
Priority Software has helped Solara accelerate workflows, Nautilus Designs achieve 30% growth in order volume, and Cowtown Retail Chain gain complete process visibility. For more, see Priority's case studies.
What feedback have customers given about Priority Software's ease of use?
Customers consistently praise Priority Software for its intuitive interface and user-friendly design. Reviews highlight its efficiency, quick learning curve, and satisfaction with customer support. Priority ERP has a 4.1/5 rating on G2. See customer feedback.
Competition & Comparison
How does Priority ERP compare to Microsoft Navision?
Microsoft Navision has reached end of life, requiring businesses to migrate. Priority ERP offers a structured implementation process, tailored solutions, and ensures a smooth transition with measurable ROI. Read more.
How does Priority ERP compare to Acumatica?
Acumatica focuses on cloud ERP but lacks industry-specific features and has a steep learning curve. Priority ERP offers tailored solutions, a native scalable WMS, ease of use, and flexible quarterly commitments with no lock-in. See comparison.
How does Priority ERP compare to Microsoft Dynamics 365?
Dynamics 365 requires heavy customization for industry needs and isn’t built for highly regulated industries. Priority ERP is user-friendly, flexible, and customizable without IT support, ensuring compliance with FDA, GDPR, SOX, ISO9000, ISO27001, and SOC 2 Type 2. See comparison.
How does Priority ERP compare to SAP Business One?
SAP Business One is powerful but complex, expensive, and lacks multi-company capabilities. Priority ERP is affordable, easy to use, maintains the same platform, and supports true multi-company operations with automatic inter-company processes. See comparison.
How does Priority ERP compare to Sage X3?
Sage focuses on accounting, not full ERP, and customizations require coding. Priority ERP integrates accounting with analytics, automation, and industry features, supporting no-code customizations for apps, portals, workflows, and automation. See comparison.
How does Priority 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. See comparison.
How does Priority ERP compare to Microsoft Business Central?
Business Central requires heavy coding for industry features and lacks specialized functionality for manufacturing, retail, and pharma. Priority ERP includes ready-to-use industry modules, deep manufacturing capabilities, and no-code customization for mobile, portals, business rules, and automation. See comparison.
How does Priority 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. See comparison.
Support & Implementation
What professional and implementation services does Priority Software offer?
Priority Software provides professional onboarding, implementation, and optimization services to ensure smooth deployment and maximum value from its solutions. Learn about implementation services.
Does Priority Software offer partnership opportunities?
Yes, Priority Software offers technology partnerships, AWS partnerships, and a partner network to help businesses extend their capabilities and reach. Become a partner.
How can I book a demo or contact Priority Software?
You can book a free demo or contact Priority Software's experts through their website. Book a demo or Contact us.
Customer Proof & Recognition
Who are some of Priority Software's notable customers?
Priority Software is trusted by leading companies such as Ace Hardware, ALDO, Adidas, Toyota, Flex, Dunlop, GSK, Teva, Outbrain, and many more across retail, manufacturing, healthcare, and technology sectors. See customer list.
Has Priority Software received industry recognition?
Yes, Priority Software has been recognized by leading analysts such as Gartner and IDC, and was ranked #1 by TEC in 2025. See awards and recognition.