Datarails has announced an Integration with leading Enterprise Resource Planning (ERP) software Priority.
This integration establishes Datarails as an official partner giving Priority’s 75,000 customers access to best-in class FP&A automation.
See the Datarails listing here.
Customers who use Prioriy’s ERP can now seamlessly integrate with Datarails, instantly transforming the speed and accuracy of financial reporting, budgeting and forecasting and scenario planning.
Often, a company has more than one entity and the consolidation process is tedious, manual and extremely time consuming. For instance, one entity of a company might use Priority, while the sub-entities of the same organization use different ERPs alongside this, such as Quickbooks or Xero. By using Datarails, you can automate data and entity consolidation to bring transparency to your business.
As is the case with Priority, Datarails integrates with all these ERP software effortlessly. Datarails is the missing link for Financial Planning and Analysis, ensuring that consolidations of different data sources , foreign exchange conversions, and other intercompany transactions are automated and up to date in seconds. In this way, Datarails provides a single source of truth to show the correct numbers in a business and support decision-making, along with powerful scenario analysis dashboarding and drill down capabilities that turn finance into powerful partners, weighing in on different decisions ranging from talent management to IT security.
In addition Datarails integrates with your accounting software, ERP, CRM, HRIS, payment system, etc., and consolidates the data from your Excel spreadsheets and data systems. Datarails Flex connects your Excel workbooks to the entire company’s consolidated data.
In short, the benefits for any Priority customer of choosing Datarails includes
- A single source of truth: accurate, real time, financial information and easy access to data and KPIs
- Automated consolidation processes which eliminate manual work and more time spent on gaining insights and providing business recommendations.
- Data accessed in one click with drill downs and variance analysis in seconds
- Powerful dashboards to identify significant drivers of revenue and opportunities
Get started with the Priority marketplace here
Didi Gurfinkel, CEO and co-founder of Datarails says: “This integration allows Priority customers to collect and map disparate sources and transform their financial planning and analysis. The impact for customers is transformational including confidence in the numbers, making it possible to invest in a company’s growth, unprecedented accuracy of pulling together all data into one source of truth, and game-changing analytics and dashboards.”
Gil Michaeli, Global Alliances Director at Priority Software, said, “We are very pleased to add DataRails to our Technology Partner ecosystem. With the availability of DataRails connector, Priority users around the world will be able to pipe their data from Priority ERP straight into their Excel spreadsheets and give FP&A teams value-added functionality.”