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Benefits of Using Application Programming Interfaces (APIs)

NEW
July 26, 2024
myAko

In today's data-driven world, businesses are generating an enormous amount of data on a daily basis. To make sense of this data, companies need to analyse and report on it in a way that is actionable and meaningful. Compliance reporting is an important aspect of this, as it allows our clients to monitor their progress, report on regulatory requirements and ensure that they are meeting industry standards.

APIs (Application Programming Interfaces) can help our clients to connect to our compliance reporting server or link to Microsoft Power BI reporting suite to streamline this process. Here are some of the advantages of using an API:

Seamless Integration

APIs provide a seamless integration between different systems, making it easy to connect to the myAko compliance reporting servers or Power BI reporting suite. This means that our clients can quickly and easily pull data from multiple sources and create comprehensive reports that provide valuable insights.

Real-Time Data

APIs can provide real-time data, which is crucial for compliance reporting. With real-time data, you can monitor your operations and quickly identify the learners that are overdue and congratulate those that are compliant!

Cost-Effective

APIs can be a cost-effective solution for compliance reporting. By using APIs, you can automate the process of pulling data from different sources and generating reports, which can save time and money.

Improved Data Accuracy

APIs can help improve data accuracy by reducing the risk of errors that can occur when data is manually entered into reporting systems. With APIs, data is automatically pulled from different sources, ensuring that it is accurate and up-to-date.  For example:

  • You can link to your HR or Payroll system, so that myAko is updated every time you have a new member of staff or when someone leaves your organisation
  • Another client has their own Microsoft PowerBi reports and regularly want to keep these updated with links to the myAko reporting sever

Customisable Reporting

APIs allow businesses to customise their reporting to meet their specific needs. With APIs, companies can create reports that provide the information they need to make informed decisions and meet compliance requirements.

In conclusion, APIs can provide significant advantages when it comes to connecting to compliance reporting servers or linking to Microsoft Power BI or other types of reporting suite. By providing a seamless integration, real-time data, cost-effectiveness, improved data accuracy, and customizable reporting, APIs can help businesses streamline their compliance reporting processes and ensure that they are meeting industry standards.

For further information contact either Kevin@myako.com

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