Managing chargebacks and disputes for electronic payment transactions is time-consuming and expensive. BHMI is currently showcasing its Concourse – Disputes software solution, which is a comprehensive workflow management system that automates and manages all dispute-related activities such as retrieval requests, chargebacks, representments, adjustments, etc.
Concourse – Disputes offers companies an instantaneous return of investment because it allows them to do the following:
- Leverage more efficient teams that can handle higher volumes of claims because the system streamlines the disputes management process.
- Eliminate the need for costly
network regulation expertise because network-specific rules are pre-configured and maintained by the system. - Reduce the number of penalties and financial write-offs because the system assures all workflow steps and deadlines are met.