What is an API and what does it have to do with accounting? What is Open API vs Closed API? Mike Berner, a finance writer at business.com, explains the differences between closed and open APIs and how that might affect your search for accounting and invoicing software.


Time Stamps
0:00 Introduction to APIs
0:30 Open API vs Closed API
1:21 Sage’s Open API
1:52 More Business.com resources

An application programming interface, or API, is what allows computer programs to communicate with each other. A closed API can only be accessed by the organization that developed it, and the computer program that it represents can only communicate with the organization’s internal systems. An open API, on the other hand, can be accessed by third party developers.

Sage Cloud Accounting features an open API, which allows business owners and software developers to build innovative solutions for business owners with real-time access to their accounts.

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Mike Berner is a finance writer for business.com.

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