The agreement will take effect across all the countries in which BBVA is present, enabling all clients in BBVA’s footprint (Spain, Mexico, Türkiye, Argentina, Colombia, Peru, Uruguay, Venezuela, Portugal, the United Kingdom, France, Belgium, Italy, Hong Kong and the United States) to benefit from this suite of integrated solutions on a global scale.
SAP Multibank Connectivity will be offered through the BBVA Pivot ecosystem, a platform that optimizes and streamlines treasury management for companies, delivering centralized visibility and control over their finances within a single, secure environment.
In this way, BBVA will connect the services it offers to its corporate banking, business, institutional and SME clients (including payments, collections, and working capital management) with SAP’s enterprise resource planning (ERP) systems. This integration will enable centralized management of financial transactions, automate key banking processes, and transform the client experience by slashing integration times.
“Thanks to this alliance with SAP we have taken a firm step forward in bringing our value proposition closer to businesses. We aim to make it easier for them to access our services and solutions by integrating ourselves into their processes in a more seamless and intuitive way. This illustrates our commitment to being the bank for all companies, supporting them not only with financing, but also with tools to boost their growth and efficiency,” explains David Arias, Global Head of Business and Institutions Banking Value Proposition at BBVA.
“This agreement with SAP showcases our commitment to innovation and the continuous improvement of our value proposition for businesses. We are integrating world-leading technological capabilities with our BBVA Pivot platform to enable smarter, more automated and globally connected treasury management. This partnership is a key step in our strategy of positioning ourselves as the leading digital financial partner for companies,” remarks Eva Rubio, Global Head of Global Transaction Banking at BBVA Corporate & Investment Banking.
According to José Vallés, Managing Director of SAP Spain: “Now that BBVA is part of the SAP Multibank Connectivity solution, corporate clients can automatically run their treasury and payment processes directly from their own systems, while fully leveraging BBVA’s banking capabilities and services. This integration will allow users to combine the latest SAP innovations in enterprise management, such as AI, with cutting-edge financial services from a global bank like BBVA, thus achieving greater visibility in their treasury operations and more efficient processes, resulting in new competitive advantages.”