About Priority Software BA
Priority Software BA is a budget accounting software from Priority Software, Inc that provides a front-end solution to the institutional system allowing for additional information integration. It combines services, indirect cost rate schedules with automatic ICR transaction completion, and the ability to deliver reports electronically to multiple researchers with a single click so that users can efficiently manage their financial data. The account responsibility structure reflects a multi-tiered organizational chart, ensuring clarity in financial responsibilities across different levels. This software is designed to simplify reporting and improve collaboration among researchers. Key capabilities: services automatic ICR transaction completion electronic report delivery multi-tiered organizational chart additional information integration Best for: research institutions that need to manage complex budget accounting processes.
Priority Software BA is a highly specialized and robust Grant Budget Accounting solution, purpose-built over 40 years to meet the unique financial needs of universities and research institutions. Its core strength lies in its automated Reconciliation Wizard and its deep feature set for managing sponsored projects, complex personnel costs (e.g., fringe calculations), and detailed grant-based reporting. The system's ability to act as a crucial front-end to a central institutional financial system, providing real-time forecasting and budget alerts, makes it invaluable for PIs and administrators. While it maintains a focus on the specific needs of higher education and lacks the broad marketplace/integrations of general ERPs, its specialized depth and guaranteed 24/7 knowledge base support make it an indispensable, high-quality tool for organizations that manage large volumes of grant and research funding.
Pros & Cons
- Automates the tedious process of reconciliation
- Offers specialized features for handling complex research personnel costs
- Provides proactive alerts for budget overdrafts and fund endings.
- Lacks transparent public pricing
- Steep learning curve for new users
- It is not designed to offer a wide array of pre-built integrations with third-party software
Features
Key features
Automatically imports data from the institution's central accounting system and reconciles it against the BA system, highlighting conflicts and automating much of the manual reconciliation labor.
Allows administrators to manage all Contracts, Grants, Endowments, and Gifts for investigators, producing detailed metrics and supporting complex grant review processes like the NCI Add-On.
Provides robust features for managing personnel costs, including multi-dimensional fringe computations and detailed salary encumbering across different grant periods, which is crucial as personnel account for a large portion of research dollars.
Offers the ability to create and compare yearly budgets, provide month-to-date/year-to-date variance reporting, and set up automatic email reminders for fund endings or overdrafts.
Additional features
Automatically imports and processes G/L and A/P data from the institution's core accounting system.
Publishes and saves electronic versions of month-end closing documents to an accessible web-based document storage system.
Features indirect cost rate schedules with automatic ICR transaction completion.
Configurable projections that analyze spending trends and forecast when funds will be fully spent.
An integrated database to track and manage all research publications associated with investigators and projects.
Allows role-based security to restrict access (Full, Delete, Change, Read-Only) by user, group, and organizational unit.
Enables users to create new interactive reports and access historical reports via the web without local software installation.
The user interface and reporting output are compatible with Microsoft Excel and Word for greater portability and user interaction.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About Priority Software BA
Priority Software BA is a budget accounting software from Priority Software, Inc that provides a front-end solution to the institutional system allowing for additional information integration. It combines services, indirect cost rate schedules with automatic ICR transaction completion, and the ability to deliver reports electronically to multiple researchers with a single click so that users can efficiently manage their financial data. The account responsibility structure reflects a multi-tiered organizational chart, ensuring clarity in financial responsibilities across different levels. This software is designed to simplify reporting and improve collaboration among researchers. Key capabilities: services automatic ICR transaction completion electronic report delivery multi-tiered organizational chart additional information integration Best for: research institutions that need to manage complex budget accounting processes.
Priority Software BA Details
Priority Software BA's In-App Market Place
Does Priority Software BA have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($)
Pros & Cons
- Automates the tedious process of reconciliation
- Offers specialized features for handling complex research personnel costs
- Provides proactive alerts for budget overdrafts and fund endings.
- Lacks transparent public pricing
- Steep learning curve for new users
- It is not designed to offer a wide array of pre-built integrations with third-party software
Priority Software BA's Support Options
Contact
(205) 202-8400Priority Software BA's Alternatives
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