API World: Treasury

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BBVA and Vecttor (Cabify): an innovative arrangement for driver cash management

BBVA and Vecttor, Cabify’s subsidiary engaged in managing vehicles with drivers, have entered into an alliance that saves time and provides security to the company and its drivers. The collaboration allows drivers to deposit cash collections at any BBVA ATM and Vecttor to automatically reconcile this activity from their accounts with those in the company’s […]

Treasury / 23 October 2024
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Main methods of payment to suppliers and the advantages of Reverse Factoring

The cash flow and payment management departments must consider the way in which payments to suppliers are made, because each type of payment has its own advantages or is better suited to the company’s strategy, the relationship with the supplier, or the respective needs of both. Far from being a trivial matter, choosing the payment […]

Treasury / 17 June 2024
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Administrative process management and how to automate them with APIs

APIs have enormous potential for automating administrative processes and simplifying internal management Automating administrative processes becomes easier as APIs evolve and allow more and more integration both internally (private API) and externally (public). What can an API do for internal management? Can it eliminate some of the bureaucracy? Companies cannot function without their administrative tasks– […]

Treasury / 14 February 2023
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‘FX’ Forex API: how companies can automate their currencies

Currency automation is a key feature of companies with international cash flows. This is how APIs can help. Companies are looking for services integrated into their management systems (ERP) that simplify their daily operations and allow them a high level of information traceability or the possibility of automating their operations. APIs (Application Programming Interface) are […]

Treasury / 09 February 2022
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Why is it so important to calculate financial ratios in real time?

Los analistas de una empresa recurren a una serie de ratios para analizar su situación financiera. Sin embargo, estos no siempre muestran la imagen real de la compañía por estar desactualizados. Las APIs permiten que una empresa pueda actualizar su tesorería en tiempo real y, en consecuencia, toda su información contable.

Treasury / 05 July 2021
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What is Rulebook 43 and what it is used for?

Rulebook 43 is one of the main banking communication standards. It allows any company to receive daily statements of its accounts and, although they still have a long way to go, APIs can help implement it in any size of company.

Treasury / 21 January 2021
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