Priority Technology Holdings, Inc. announced a strategic partnership with IQ BackOffice. Q 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'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's accounts payable solution CPX will provide IQ BackOffice's 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.