BBVA and SAP forge a strategic alliance to improve corporate and business banking services
BBVA and SAP Spain have forged a strategic alliance whereby the bank will integrate the SAP Multibank Connectivity solution to enhance its corporate banking service offering and attract new business clients. The solution will enable BBVA to transform and optimize how financial transactions are carried out for corporate and business banking clients, making the whole process more efficient and agile.
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.”
SAP Multibank Connectivity will be offered through the BBVA Pivot ecosystem.
Minimizing errors and fraud
One of the main benefits of this integration is that it automates payments and bank reconciliation, reducing errors and fraud associated with the manual handling of these processes. It also happens to improve operational efficiency by simplifying and securing the exchange of financial information between companies and the bank. Organizations also stand to benefit from connectivity with international standards such as EBICS and SWIFT, enhancing global interoperability and making banking communications more secure.
Bringing all transactions together within a centralized system strengthens compliance with international banking regulations in global processes and reduces regulatory risk, whether operating locally or internationally. Businesses also gain greater real-time visibility over the status of payments and treasury positions, allowing them to make more informed and data-driven financial decisions. Meanwhile, all of this helps to push down corporate overheads.
Thousands of organizations around the globe run SAP’s enterprise management solutions, with 87 percent of global trade passing through its systems. The alliance between BBVA and SAP opens the door to new business opportunities for BBVA by allowing it to broaden its range of products and services and attract new clients seeking more agile and optimized financial solutions.
BBVA’s Businesses segment is one of the six main priorities and a key lever for creating value under the bank’s new 2025–2029 strategic cycle. From large corporations and institutions to companies and SMEs, BBVA supports all its business clients at every stage of their growth, offering them accessible solutions adapted to their reality and needs, a global vision (international presence) and expert advice.
About SAP
As a global leader in enterprise applications and business AI, SAP (NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience.