In today’s complex business landscape, juggling multiple systems for payment processing, accounts payables, and banking operations can lead to inefficiencies and lost opportunities. Thomas Priore, CEO of Priority, has developed a unified commerce solution that addresses these challenges through a single, integrated platform.
“We are now a payments and banking fintech that has a very elegant set of financial tools that we are able to bring to businesses of all sizes,” Priore explains. This approach allows business leaders to focus on more important areas such as long-term planning and market expansion, rather than being bogged down by financial operations.
The Priority Commerce Engine serves as the core of this technology platform, streamlining revenue management and accelerating growth. Its payables automation feature optimizes working capital by automating payments and maximizing rewards, while its banking and treasury solutions put idle cash to work in interest-earning accounts.
One of the key benefits of Priority’s unified commerce approach is operational efficiency. By consolidating various financial functions, businesses can eliminate redundancies and streamline workflows, leading to increased productivity. The platform also enhances cash flow management, providing real-time insights that support informed decision-making.
What sets Priority apart is its commitment to meeting customers where they are. “If I’m a small-to-midsize-business owner, I don’t have time to chase down self-service for technology. I want a consultant, an expert to help me,” says Priore, highlighting the company’s focus on exceptional customer service.
With 4 major product categories including merchant services, banking solutions, payables automation, and the Priority Commerce Engine, Thomas Priore has built a comprehensive ecosystem that addresses the diverse needs of modern businesses. By bringing these functions together on a single platform, Priority helps companies achieve greater efficiency and growth.