Priority Technology (NASDAQ:PRTH) (NASDAQ: PRTH) is a global provider of cloud-based procurement and payables automation solutions. The company’s integrated platform enables organizations to centralize their source-to-settle processes, enforce spend policies and improve operational efficiency. By combining procurement, invoice processing and supplier management in a single suite, Priority Technology helps enterprises reduce manual tasks, increase transparency and drive cost savings.
The company’s solution set includes an eProcurement module that streamlines purchase requisition, approval and order fulfillment, and an Accounts Payable module that automates invoice capture, validation and workflow routing. Additional features such as contract management, supplier onboarding, spend analytics and punch-out catalog integration provide real-time visibility into negotiated terms and compliance. Built to integrate seamlessly with leading ERP systems, the platform supports configurable workflows, role-based access controls and detailed audit trails.
Founded in 2011, Priority Technology serves mid-size and large organizations across industries including manufacturing, retail, healthcare and government. Headquartered in Montvale, New Jersey, the company operates regional offices in London, Dubai and Bangalore to support customers in North America, Europe, the Middle East and Asia Pacific. Over the years, Priority Technology has established strategic partnerships with ERP and service-delivery providers to accelerate deployments and tailor solutions to diverse regulatory and industry requirements.
Priority Technology’s executive team is led by CEO Steven Kris and comprises seasoned professionals in finance, technology and operations. The leadership group brings decades of combined experience in procurement solutions, enterprise software development and cloud computing. Their strategic vision has guided the company’s product roadmap, strategic partnerships and global expansion efforts, ensuring Priority Technology remains at the forefront of spend management and payables automation.
