{"id":730112,"date":"2023-02-09T08:03:04","date_gmt":"2023-02-09T13:03:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/priority-and-iq-backoffice-announce-strategic-technology-partnership\/"},"modified":"2023-02-09T08:03:04","modified_gmt":"2023-02-09T13:03:04","slug":"priority-and-iq-backoffice-announce-strategic-technology-partnership","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/priority-and-iq-backoffice-announce-strategic-technology-partnership\/","title":{"rendered":"Priority and IQ BackOffice Announce Strategic Technology Partnership"},"content":{"rendered":"<p>        <!--.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Priority and IQ BackOffice Announce Strategic Technology Partnership<\/b><\/p>\n<p><i>CPX integration enhances IQ BackOffice\u2019s accounts payable payment capabilities<\/i><\/p>\n<p>ALPHARETTA, Ga.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPriority Technology Holdings, Inc. (NASDAQ: PRTH) (Priority), the platform for unified commerce that delivers integrated payments and banking at scale, has announced a strategic partnership with IQ BackOffice, a global leader in financial process automation and business process outsourcing.\n<\/p>\n<p>\nIQ BackOffice provides best-practice business processes and automation for Accounts Payable (AP) through their proprietary cloud-based software product, Streamlinea. This solution leverages the client&#8217;s existing infrastructure with state-of-the-art automation to increase efficiency and quality with real-time information and up to 70% cost reduction.\n<\/p>\n<p>\nUnder the integration, Priority\u2019s accounts payable solution <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fprioritycommerce.com%2Fb2b-payments%2Fcpx%2F&amp;esheet=53306077&amp;newsitemid=20230209005040&amp;lan=en-US&amp;anchor=CPX&amp;index=1&amp;md5=48298e91eea489789a424cec0d59eb8a\">CPX<\/a> will provide IQ BackOffice\u2019s customers with a streamlined accounting process enabled by technology and designed to fully automate, integrate and monetize accounts payable payments. The integration supports payments through any disbursement partner using any payment modality including check, ACH and virtual card.\n<\/p>\n<p>\n\u201cTop public and private equity-backed companies choose IQ BackOffice to implement and manage world-class financial processes because IQ knows how to fully take advantage of automation to deliver to our clients greater efficiency, improved visibility and controls, and lower costs,\u201d said David Schnitt, President &amp; CEO, IQ BackOffice. \u201cBy integrating CPX into our platform we will be able to further accelerate client\u2019s digital transformation and positive ROI while minimizing their risks.\u201d\n<\/p>\n<p>\n\u201cBy integrating our industry-leading technology with IQ BackOffice\u2019s accounting process solutions, we are making it easier for companies of all sizes to manage their accounts payable processes more efficiently while generating bottom-line revenue,\u201d said Stephen Tackett, Executive Vice President and head of the B2B division for Priority. \u201cPayment success is not just about having a software technology; it\u2019s also about having access to the right experts who can help you implement your new system quickly and easily. Our partnership offers both of these things to IQ BackOffice\u2019s customers.\u201d\n<\/p>\n<p><b><span class=\"bwuline\">About Priority Technology Holdings, Inc.<\/span><\/b><\/p>\n<p>\nPriority is the unified commerce leader with the only native embedded finance platform that seamlessly integrates modern end-to-end payments processes with treasury and banking solutions, and data analytics and insights. Leading companies count on Priority\u2019s breakthrough, agile technology to collect, store, and send money in managing their business and consumer operating accounts. Priority\u2019s solutions are offered via API or proprietary applications with nationwide money transmission licenses (MTL), built-in regulatory compliance (AML, OFAC, BSA), underwriting, and risk mitigation all supported by industry-leading customer service. With Priority, companies move money faster than ever before, monetize payments, accelerate cash flow, enhance customer experiences, facilitate embedded commerce, and significantly reduce costs. Additional information can be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.prioritycommerce.com&amp;esheet=53306077&amp;newsitemid=20230209005040&amp;lan=en-US&amp;anchor=www.prioritycommerce.com&amp;index=2&amp;md5=28b5968d5aa2c97a82c1ff60615625f0\">www.prioritycommerce.com<\/a>.\n<\/p>\n<p><b><span class=\"bwuline\">About IQ BackOffice<\/span><\/b><\/p>\n<p>\nIQ BackOffice is the leader in finance and accounting process automation and outsourcing, offering 99.97% quality and up to 70% cost savings to large and mid-sized enterprises. Our solutions enable companies to automate and streamline the complex financial processes they manage. IQ BackOffice\u2019s services, including accounts payable, accounts receivable, managed payroll and general accounting, leverage existing accounting systems to drive increased efficiency while reducing risk. Clients range from mid-sized to multi-billion dollar public and private companies in industries such as manufacturing and distribution, retail, restaurant and hospitality, entertainment, healthcare, pharmaceuticals, professional services and more.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230209005040r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230209005040\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230209005040\/en\/<\/a><\/span><\/p>\n<p><b>Priority Investor and Media Inquiries:<\/b> Dave Faupel, <a rel=\"nofollow\" href=\"mailto:dave.faupel@prth.com\">dave.faupel@prth.com<\/a>, (229) 588-8354\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Georgia<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Mobile\/Wireless Accounting Professional Services Online Retail Internet Fintech Payments Electronic Commerce Technology Small Business Retail Other Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230209005040\/en\/1707909\/3\/Priority-Black-H-CMYK_%281%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Priority and IQ BackOffice Announce Strategic Technology Partnership CPX integration enhances IQ BackOffice\u2019s accounts payable payment capabilities ALPHARETTA, Ga.&#8211;(BUSINESS WIRE)&#8211; Priority Technology Holdings, Inc. (NASDAQ: PRTH) (Priority), the platform for unified commerce that delivers integrated payments and banking at scale, has announced a strategic partnership with IQ BackOffice, a global leader in financial process automation and business process outsourcing. IQ BackOffice provides best-practice business processes and automation for Accounts Payable (AP) through their proprietary cloud-based software product, Streamlinea. This solution leverages the client&#8217;s existing infrastructure with state-of-the-art automation to increase efficiency and quality with real-time information and up to 70% cost reduction. Under the integration, Priority\u2019s accounts payable solution CPX will provide IQ BackOffice\u2019s customers with a streamlined accounting process &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/priority-and-iq-backoffice-announce-strategic-technology-partnership\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Priority and IQ BackOffice Announce Strategic Technology Partnership&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-730112","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Priority and IQ BackOffice Announce Strategic Technology Partnership - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/priority-and-iq-backoffice-announce-strategic-technology-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Priority and IQ BackOffice Announce Strategic Technology Partnership - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Priority and IQ BackOffice Announce Strategic Technology Partnership CPX integration enhances IQ BackOffice\u2019s accounts payable payment capabilities ALPHARETTA, Ga.&#8211;(BUSINESS WIRE)&#8211; Priority Technology Holdings, Inc. (NASDAQ: PRTH) (Priority), the platform for unified commerce that delivers integrated payments and banking at scale, has announced a strategic partnership with IQ BackOffice, a global leader in financial process automation and business process outsourcing. IQ BackOffice provides best-practice business processes and automation for Accounts Payable (AP) through their proprietary cloud-based software product, Streamlinea. This solution leverages the client&#8217;s existing infrastructure with state-of-the-art automation to increase efficiency and quality with real-time information and up to 70% cost reduction. Under the integration, Priority\u2019s accounts payable solution CPX will provide IQ BackOffice\u2019s customers with a streamlined accounting process &hellip; Continue reading &quot;Priority and IQ BackOffice Announce Strategic Technology Partnership&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/priority-and-iq-backoffice-announce-strategic-technology-partnership\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-09T13:03:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230209005040r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/priority-and-iq-backoffice-announce-strategic-technology-partnership\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/priority-and-iq-backoffice-announce-strategic-technology-partnership\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Priority and IQ BackOffice Announce Strategic Technology Partnership\",\"datePublished\":\"2023-02-09T13:03:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/priority-and-iq-backoffice-announce-strategic-technology-partnership\\\/\"},\"wordCount\":603,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/priority-and-iq-backoffice-announce-strategic-technology-partnership\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230209005040r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/priority-and-iq-backoffice-announce-strategic-technology-partnership\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/priority-and-iq-backoffice-announce-strategic-technology-partnership\\\/\",\"name\":\"Priority and IQ BackOffice Announce Strategic Technology Partnership - 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