Efficient utilization of external APIs can be challenging for software development teams, especially when they are distributed across different locations and operate under varying leadership. A centralized API Hub offers numerous benefits, including increased productivity by providing a single repository for all APIs, which helps developers avoid duplicating efforts and quickly access needed resources. By consolidating API usage monitoring into one dashboard, teams can better analyze performance and streamline their processes. Additionally, a central hub helps prevent API duplication by making it clear which APIs are already in use across different projects, reducing confusion and inconsistencies in functionality, such as varying user credit scores across platforms. It also allows for effective management of API subscription plans, ensuring that teams don't inadvertently create multiple subscriptions and miss out on potential bulk usage discounts. Overall, a centralized API Hub simplifies collaboration and sharing, improving the efficiency and cost-effectiveness of API usage within an organization.