API Token Management

Application programming interface (API) token management is a login authentication process that allows a computer user to access a range of third party applications in a unified and streamlined environment. The end goal of API token management is to minimize the negative impact of information silos within your business, opening up opportunities for teams to work more efficiently and more accurately across data sets. 

How Does API Token Management Work?

An API is a universally agreed-upon set of codes that enable different software packages to communicate with one another. Once an API has been used to instruct software packages to share data, the user of this software no longer needs to transcribe data across platforms manually. 

Moreover, because the data is shared seamlessly if your team is using API-linked data, they’re better positioned to work in a unified environment that permits a more strategic view of your core business. Ultimately, this leads to more agile, responsive, and strategic decision-making. 

Benefits of API Token Management

• Agility: API token management eliminates the need for data entry, manual transcription, and logging into and out of different platforms to make decisions. API token management therefore significantly accelerates output.
• Accuracy: The less manual data transcription your team needs to do, the more accurate its data. With API token management, the role of laborious data entry shifts to quality assurance. 
• Strategic insight: One of the biggest hindrances to strategic decision-making in business is time. API token management automates much of the busywork of working across several applications and thus better positions your team to analyze the data, consider available options, and make smart decisions.  

Use Case for API Token Management

Consider the role of a warehouse manager, responsible for managing inventory, shipping product to ordering agents, and communicating with an accounting team to handle invoicing and payments. Each of these essential roles requires different software and the careful handling of a distinct set of data. 

Using API token management, the warehouse manager could analyze and update this data in a unified environment, rather than needing to transcribe data between these services manually. In this case, API token management would speed up their work, increase their accuracy, and allow a more strategic approach to getting the job done.