BUSINESS WIRE
BHMI Publishes New Documents About Configurable Rules Engine, Continuous Processing Architecture, and Life Cycle Linkage Components of the Concourse Financial Software Suite®
MEDIA CONTACT:
Casey Scheer
BHMI
402-333-3300
cscheer@bhmi.com
BHMI, a leading provider of back-office payment solutions, today announced the release of new documents that offer details about the primary components of the Concourse Financial Software Suite, which empower organizations with the flexibility and efficiency needed to successfully process electronic payment transactions.
The Concourse Financial Software Suite is built on a set of core features that make it the most reliable, efficient, and adaptable back-office solution in the payments industry. "These new documents describe some of the strategic components of the Concourse suite and highlight the benefits they offer to companies processing electronic payments," said Casey Scheer, Director of Marketing at BHMI.
The three newly released documents provide details on the following Concourse components:
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Configurable Rules Engine
Concourse is powered by a configurable rules engine that offers unmatched flexibility and agility. This document explains how the rules engine allows businesses to tailor payment processing workflows, adjust to regulatory changes, and respond to shifting market demands without costly software modifications. Key examples include configuring settlement time windows, automated reconciliation processes, and efficiently managing chargebacks, disputes, and compliance changes.
[View the document here.]
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Continuous Processing Architecture
As real-time payment methods gain popularity and transaction volumes continue to rise, batch-oriented systems are increasingly obsolete. Concourse’s continuous processing architecture addresses this issue by enabling real-time transaction data processing. This document describes how Concourse continuously loads data from front-end systems and networks and processes transactions as they arrive, which ensures real-time access to financial positions and instant output of reports throughout the business day.
[View the document here.]
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Life Cycle Linkage
The life cycle of electronic payments involves multiple stages and entities. Concourse’s life cycle linkage functionality connects these activities seamlessly, providing a complete view of every transaction. This document explains how Concourse tracks transactions from authorization and preauthorization to chargebacks and representments, ensuring that companies can make informed decisions at each stage of the transaction life cycle.
[View the document here.]
About BHMI
BHMI is a respected provider of software solutions for managing the back-office processing of electronic payment transactions. The company's flagship product, the Concourse Financial Software Suite®, offers a dynamic and flexible solution for processing a wide range of payment types, including debit cards, credit cards, mobile payments, P2P, real-time payments, ATMs, and POS. Concourse provides essential back-office functions such as dispute management, fee processing, reconciliation, and settlement. Its continuous processing architecture and powerful rules engine make it an ideal solution for organizations looking to modernize and optimize payment operations. To learn more about BHMI, please visit www.bhmi.com.
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