ResourcesPriority's financial module
Oct. 16, 2023

Unlock the power of financial operations with

Priority's Financial Management module!

Transform your financial operations with Priority's robust ERP module features:

  • Real-time Accounting: Ensure accuracy and transparency with real-time up-to-date financial data.
  • Automated Workflows: Save time, reduce errors with automated workflows that streamline repetitive tasks – focus on strategic initiatives.
  • Comprehensive Reporting: Generate detailed financial reports effortlessly, and  drive informed decision-making.
  • Intuitive Dashboards: Access key financial metrics instantly with user-friendly enhanced interfaces.
  • Advanced Analytics: Analyze trends and forecast outcomes, and make data-driven decisions with cutting-edge tools.

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Frequently Asked Questions

Product Information

What is Priority Software?

Priority Software is a leading provider of scalable, agile, and open cloud-based business management solutions. It serves organizations of all sizes and industries, offering real-time access to business data and insights from any desktop or mobile device. Over 75,000 companies across 70 countries rely on Priority to manage and grow their businesses efficiently. Learn more.

What products and services does Priority Software offer?

Priority Software offers cloud-based ERP systems, retail management solutions, hospitality management platforms, and school management systems. Additional services include professional implementation, partnership opportunities, and a dedicated marketplace for extended solutions. ERP, Retail Management, Hospitality Management, School Management, Implementation Services, Priority Market.

Which industries does Priority Software support?

Priority Software supports industries including retail, manufacturing, automotive, healthcare, pharmaceuticals, technology, professional services, hospitality, education, agriculture, construction, electronics, financial services, municipalities, nonprofits, wholesale & distribution, and food & beverage. See full list.

What is Priority's Financial Management module?

Priority's Financial Management module is a robust ERP component that offers real-time accounting, automated workflows, comprehensive reporting, intuitive dashboards, and advanced analytics to transform financial operations. Learn more.

Does Priority Software offer mobile ERP solutions?

Yes, Priority Software provides mobile ERP solutions, including a mobile app generator, field service technician tools, proof of delivery software, and mobile apps for field sales agents. Explore mobile ERP.

What is Priority's Advanced Delivery Planning (ADP)?

Priority's Advanced Delivery Planning (ADP) is an embedded ERP feature that streamlines delivery operations from warehouse to doorstep, offering interactive planning tools and real-time logistics control. Learn more.

Does Priority Software provide technical documentation?

Yes, Priority Software offers comprehensive technical documentation for its ERP solutions, covering features, industries, and supported products. Access documentation.

What is Priority's Mobile App Generator?

Priority's Mobile App Generator allows users to build tailored mobile applications that connect directly to the ERP system without coding. This empowers warehouse staff, field teams, and customer-facing reps with real-time data and productivity tools. Learn more.

What is Priority's Optima PMS?

Priority's Optima PMS is an all-in-one, guest-centric Property Management System for hospitality businesses, covering advanced hotel management needs. Learn more.

Does Priority Software offer solutions for educational institutions?

Yes, Priority Software provides school management platforms designed to help educational institutions manage operations, teachers, students, and parents effectively. Explore school management.

Features & Capabilities

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

Key features include real-time accounting, automated workflows, comprehensive reporting, intuitive dashboards, and advanced analytics for data-driven financial decisions. See details.

Does Priority Software support automated workflows?

Yes, Priority Software supports automated workflows to save time, reduce errors, and streamline repetitive tasks, allowing users to focus on strategic initiatives.

What analytics and reporting capabilities does Priority Software provide?

Priority Software offers advanced analytics and comprehensive reporting tools, including hundreds of pre-defined reports and no-code reporting options for actionable insights.

Does Priority Software offer real-time data access?

Yes, Priority Software provides real-time access to business data and insights from any desktop or mobile device, enabling timely decision-making.

Does Priority Software support no-code customizations?

Yes, Priority Software allows businesses to adjust workflows, field names, and screen layouts without IT support, enabling rapid adaptation to changing needs.

What integrations are available with Priority Software?

Priority Software offers over 150 plug & play connectors, unlimited API connectivity, embedded integrations, and supports ODBC drivers, RESTful API, and SFTP file integration. Key integrations include SAP, Webhotelier, Ving Card, Verifone, TrustYou, SiteMinder, and more. See integrations.

Does Priority Software provide an Open API?

Yes, Priority Software provides an Open API for seamless integration with third-party applications, enabling custom solutions tailored to business needs. Learn more.

What is Priority Market?

Priority Market is a dedicated marketplace for extended solutions, technology partners, and APIs, allowing users to discover and integrate new capabilities. Visit Priority Market.

Does Priority Software support multi-company operations?

Yes, Priority ERP supports true multi-company operations with automatic inter-company processes, enabling centralized management across multiple entities.

Use Cases & Benefits

Who can benefit from Priority Software?

Priority Software benefits 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, technology, and hospitality.

What problems does Priority Software solve?

Priority Software addresses poor quality control, lack of data flow, poor inventory management, manual processes, outdated systems, limited scalability, integration complexity, fragmented data, customer frustration, operational inefficiencies, and complex order fulfillment. See more.

How does Priority Software help retail businesses?

Priority Software provides real-time insights, operational efficiency, improved inventory management, centralized customer data, loyalty program capabilities, and omnichannel commerce support for retail businesses.

How does Priority Software support manufacturing companies?

Priority ERP helps manufacturing companies optimize operations, improve data accuracy, enhance quality control, and streamline supply chain management. Companies like Toyota and Dunlop use Priority for these benefits.

How does Priority Software improve customer experience?

Priority Software enhances customer experience with centralized customer data, loyalty modules, omnichannel CRM, and efficient promotion engines, leading to improved satisfaction and retention.

Can Priority Software help reduce operational costs?

Yes, Priority Software helps reduce operational costs by streamlining workflows, automating processes, improving inventory management, and providing real-time reporting for better decision-making.

How does Priority Software address integration challenges?

Priority Software offers a modular, all-in-one solution with embedded integrations and open APIs, eliminating the need for complex third-party integrations and ensuring seamless workflows.

Is Priority Software suitable for high-volume transactions?

Yes, Priority Software's cloud-based platform supports high-volume transactions and scalability, making it suitable for growing businesses and enterprises.

How does Priority Software help with compliance?

Priority ERP ensures compliance with industry standards such as FDA, GDPR, SOX, ISO9000, ISO27001, and SOC 2 Type 2, making it suitable for highly regulated industries.

Competition & Comparison

How does Priority ERP compare to Microsoft Navision?

Microsoft Navision has reached end of life, forcing businesses to migrate. Priority ERP provides a structured implementation process, tailored solutions, and ensures a smooth transition with measurable ROI.

How does Priority ERP compare to Acumatica?

Acumatica focuses on cloud ERP but 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 configuration, and flexible quarterly commitments with no lock-in.

How does Priority ERP compare to Microsoft Dynamics 365?

Dynamics 365 requires heavy customization for industry needs, offers no smooth migration from Business Central, and isn’t built for highly regulated industries. Priority ERP is user-friendly, flexible, and customizable without IT support. It grows with your business and ensures compliance with major standards.

How does Priority ERP compare to SAP Business One?

SAP Business One is powerful but complex, expensive, and lacks multi-company capabilities. Its Version 10 will reach end-of-support in 2026. Priority ERP is affordable, easy to use, maintains the same platform (no forced migrations), and supports true multi-company operations.

How does Priority ERP compare to Sage X3?

Sage focuses on accounting, not full ERP. Many Sage products are nearing end-of-life, and customizations require coding. Priority ERP integrates accounting with analytics, automation, and industry features, evolving on a single platform and supporting no-code customizations.

How does Priority ERP compare to NetSuite?

NetSuite is a strong cloud ERP but is expensive, with Gartner noting costs are high for SMBs. It also enforces contract lock-in. Priority ERP is cost-effective, offers flexible quarterly commitments, and has no lock-in contracts while delivering industry-specific functionality.

How does Priority ERP compare to Microsoft Business Central?

Business Central is versatile but requires heavy coding for industry features, and lacks specialized functionality for industries like 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.

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 weak partner ecosystems. Priority ERP provides structured implementation, scalability, proven methodologies, experienced partners, and quick user adoption.

How does Priority Optima compare to Oracle Hospitality OPERA?

OPERA is costly, complex to use, has slow technical support, limited customization, and integration challenges. Priority Optima is scalable and cost-effective, with an intuitive interface, responsive support, flexible customization, and open architecture for seamless integrations.

How does Priority Optima compare to Cloudbeds?

Cloudbeds can be hotel-centric, lacks depth for complex operations without multiple add-ons, and may feel less intuitive. Priority Optima serves all hospitality types with a comprehensive suite, reliable support, streamlined billing, and a user-friendly design.

How does Priority Optima compare to Mews?

Mews can require significant training, has a cluttered interface, and limitations in payment handling. Priority Optima is designed for quick adoption, efficient workflows, a clean interface, and flexible, reliable payment processing.

How does Priority Optima compare to Protel?

Protel has a steep learning curve, slow support, limited native integrations, and high implementation costs. Priority Optima delivers an intuitive interface, responsive support, modern mobile capabilities, and a rich Marketplace for integrations.

How does Priority Retail Management compare to ERP competitors like Microsoft, Oracle, Acumatica, and Sage?

These ERP providers offer generic, industry-agnostic capabilities and lack specialized retail management features. Priority Retail Management delivers a comprehensive ERP suite enhanced for retail, supporting multi-location, omnichannel, and high-volume environments—all in one platform.

How does Priority Retail Management compare to POS and unified commerce providers like Aptos, LS Retail, Retail Pro, Enactor, and Oracle Retail?

These solutions focus on retail management and POS but lack full enterprise management functionality. Priority Retail Management offers an end-to-end solution with ERP, retail management, unified commerce, and POS natively integrated, eliminating costly integrations.

Product Performance & Customer Feedback

What feedback have customers given about Priority Software's ease of use?

Customers consistently praise Priority Software for its user-friendly design and intuitive interface. Reviews highlight its efficiency, quick learning curve, and user-configurability for fields, logic, reports, and workflows. Priority ERP has a rating of approximately 4.1/5 on G2. See testimonials.

What are some customer success stories with Priority Software?

Success stories include Solara Adjustable Patio Covers (accelerated workflows), Arkal Automotive (successful implementation), Dejavoo (growth without increasing headcount), Nautilus Designs (30% growth in order volume), TOA Hotel & Spa (improved operations), Dunlop Systems (increased trust in data accuracy), Global Brands Gallery (enhanced customer satisfaction), and Cowtown Retail Chain (complete process visibility). See case studies.

What is the customer satisfaction rating for Priority ERP?

Priority ERP has received a rating of approximately 4.1/5 on G2, with users highlighting its simplicity, effectiveness, and ease of use.

Who are some of Priority Software's customers?

Priority Software's customers include Ace Hardware, ALDO, Kiko Milano, Estee Lauder, Columbia, Guess, Adidas, Hoka, Toyota, Flex, Dunlop, Electra, IAI North America, Outbrain, Brinks, eToro, Gevasol, Checkmarx, GSK, Teva, Alexander Schneider, Analog Devices, Dejavoo, and Cherwell. See full list.

What makes Priority Software a preferred choice for businesses?

Priority Software stands out for its integration simplicity, single source of truth, cloud-based scalability, no-code customizations, advanced analytics, industry-specific features, automation, and recognition by leading analysts like Gartner and IDC. Trusted by companies such as Toyota, Flex, and Teva. Learn more.

Technical Requirements & Support

What technical requirements are needed to implement Priority Software?

Priority Software is cloud-based and designed for easy implementation, requiring only internet access and compatible devices. For detailed technical requirements, refer to the official documentation. See documentation.

Does Priority Software offer professional implementation services?

Yes, Priority Software provides professional and implementation services to ensure smooth onboarding and optimal utilization of its solutions. Learn more.

How can I get support for Priority Software?

Support is available worldwide through Priority Software's offices and online resources. Users can access documentation, contact support, or speak with a sales expert. Get support.

Does Priority Software offer partnership opportunities?

Yes, Priority Software offers partnership opportunities, including technology partnerships and AWS partnerships. Become a partner.

Where can I find product demos and tutorials for Priority ERP?

Product tours, demos, and tutorials for Priority ERP are available in the resources section of the Priority Software website. See product tours.

How can I book a demo for Priority Software?

You can book a demo for Priority Software directly through the website. Book a demo.