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Finances management is an integral part of a successful business. When a company has a lacking financial management, it significantly increases the risk of failure. A Business Financial Management system is a software used by business banking clients to create, store, and report various types of financial transactions with a goal of increasing profits and ensuring…
To outsource or not is a key strategic question for many enterprises. In fact, there are great reasons to engage skilled specialists for the realization of particular processes or even entire company areas, it especially concerns IT services. What are the main benefits of outsourcing? written by: Anton Rykov Product Manager, Qulix Systems To…
APIs enable integration of various applications, connect people, systems, data and things, and simplify interaction between them. Enterprises can be transformed into platforms. However, Open APIs represent a gateway for cyber attacks. IoT, mobile apps, and the Cloud require companies to reveal their data to their employees, customers, and partners. The open structure of APIs simplifies…
Open API is shaking up the conservative banking sector. In the past, it was sufficient for banks to be present just with their branches and a homepage on the Internet. Meanwhile, the world has changed. Open API enables even small providers (e.g., numerous FinTech-Startups) to offer their products and services on the Internet and integrate…
Digitalization is currently conquering the insurance industry. Blockchain combined with ‘smart contracts’ is expected to revolutionize the insurance sector. written by: Anton Rykov Product Manager, Qulix Systems Digitalization is currently conquering the insurance industry. Blockchain combined with ‘smart contracts’ is expected to revolutionize the insurance sector. What if in the future, it will be possible…