Concourse Financial Software Suite
About Concourse Financial Software Suite
A modular financial software suite designed for the back-office processing of electronic payment transactions. It provides tools for settlement, reconciliation, fee assessment, dispute management, and reporting for card and account-based payments.
Concourse Financial Software Suite, developed by BHMI, is a modular back-office platform engineered to reduce the cost and complexity of processing electronic payment transactions. It is designed for issuers and acquirers handling credit, debit, ATM, POS, and account-to-account payments. The suite consists of five integrated modules—Core, Extended Settlement, Reconciliation, Fees & Commissions, and Disputes—which can be licensed individually or as a complete system. Key strengths include a continuous processing architecture that eliminates traditional batch constraints, a rules-based engine for fee management, and automated reconciliation capabilities. The platform is built for high-demand environments, offering scalability, PCI compliance, and real-time data access. BHMI provides 24/7 support, training, and implementation services directly from their U.S.-based development center. While the suite is highly flexible and robust, it is an enterprise-grade solution, and prospective buyers should contact BHMI for pricing and deployment specifics tailored to their infrastructure.
Pros & Cons
- Modular architecture allows companies to license only the specific back-office functions they require.
- Continuous processing architecture eliminates the constraints of traditional batch-based settlement.
- Rules-based engine provides complete flexibility for configuring complex fee and commission schedules.
- Comprehensive dispute management module automates the entire chargeback life cycle.
- U.S.-based development and support team provides direct access to technical specialists.
- Pricing is not published and requires direct contact with the vendor for enterprise-level quotes.
- Implementation requires significant configuration to align with specific business rules and payment environments.
- The platform is highly specialized for payment back-office operations and may be overkill for smaller businesses.
Features
Key features
Stores all transaction data in a secure, organized location for fast settlement processing.
Enables real-time transaction data access and processing without legacy batch constraints.
Intelligently identifies discrepancies and reconciles transaction data from multiple sources.
Allows for the configuration of complex fee and commission schedules to optimize revenue.
Automates the chargeback life cycle from initial claim entry to final resolution.
Additional features
Provides a complete view of every transaction for proactive business monitoring.
Allows users to adapt the system to changing business needs and requirements.
Supports secure, segmented access for different users within the organization.
Provides immediate visibility into processing activity and business status.
Tracks system status and ensures reliable data management.
Facilitates compliance with international payment messaging standards.
Leverages data from various sources to create meaningful attributes across data elements.
Offers flexibility in consolidating data within the repository for reporting needs.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About Concourse Financial Software Suite
A modular financial software suite designed for the back-office processing of electronic payment transactions. It provides tools for settlement, reconciliation, fee assessment, dispute management, and reporting for card and account-based payments.
Concourse Financial Software Suite Details
Concourse Financial Software Suite's In-App Market Place
Does Concourse Financial Software Suite have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
9
Mini Apps
1. Risk Management Plugin - A plugin that helps users assess and manage the risks associated with financial transactions processed through the Concourse Financial Software Suite.
2. Fraud Detection Mini-App - This mini-app offers advanced fraud detection capabilities
helping users prevent fraudulent transactions and safeguard their financial data.
3. Reporting Dashboard Add-On - A helpful add-on that provides users with detailed analytics and reporting capabilities
allowing them to track and monitor their financial performance effectively.
4. Compliance Automation Plugin - This plugin streamlines the compliance process for users
helping them adhere to industry regulations and standards effortlessly.
5. Multi-Currency Support Add-On - This add-on enables users to process transactions in multiple currencies
facilitating international transactions and expanding their customer base.
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CHF (CHF), CNY (¥), SEK (kr)
Pros & Cons
- Modular architecture allows companies to license only the specific back-office functions they require.
- Continuous processing architecture eliminates the constraints of traditional batch-based settlement.
- Rules-based engine provides complete flexibility for configuring complex fee and commission schedules.
- Comprehensive dispute management module automates the entire chargeback life cycle.
- U.S.-based development and support team provides direct access to technical specialists.
- Pricing is not published and requires direct contact with the vendor for enterprise-level quotes.
- Implementation requires significant configuration to align with specific business rules and payment environments.
- The platform is highly specialized for payment back-office operations and may be overkill for smaller businesses.
Concourse Financial Software Suite's Support Options
Email Address
sales@bhmi.comContact
(402) 333-3300Documentation
https://docs.concoursetech.comCommunity Forums
https://forums.concoursetech.comConcourse Financial Software Suite's Alternatives
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