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BHMI Topic Paper: Gain A Competitive Advantage With Custom Software
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Gaining an edge over the competition has never been more challenging. In today's market, customers demand a steady flow of new products and services. Innovations rapidly become commodities. Global expansion requires compliance with new regulations such as Basel II and MiFID. Shareholders expect effective risk mitigation. And competitors continue to emerge from every corner of the market. He could stay on top of those investments, freeing up time to connect personally with clients. When he saw the adv...
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BHMI Industries: Enterprise Software, Technology Consulting, and Systems Integration.
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Throughout its history, BHMI has created and implemented enterprise software applications for companies in a wide range of industries. This following list continues to grow as companies in an increasing number of market segments select BHMI to create applications that are critical to their success. View Related Case Study. View Related Case Studies. University of Nebraska at Omaha. View Related Case Study. BHMI is known for creating robust and secure applications. That is why a number of government a...
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BHMI Topic Paper: Homeshoring.
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With increasing pressure on companies to reduce costs and maximize value for their existing customer bases, technology has emerged as a critical enabler of innovation and competitive advantage. For the past several years, U.S. businesses have looked to offshoring software development projects as a means to accomplish both cost savings and innovation. According to an InfoWorld article, the U.S. IT market has added 25,000 jobs in the first two months of 2010. According to U.S. Labor Dep...In part, this inc...
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BHMI & Central Bank of Oman Application Development Case Study
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Central Bank of Oman. CBO was in need of back office software to perform fees and settlement processing for its new Oman National Switch (ONS), a national ATM/POS switch. The ONS supports financial institutions in Oman and the surrounding region, processing more than 5 million electronic transactions per month. CBO is experiencing increased efficiency in back office transaction processing as a result of Concourse s continuous processing architecture. Central Bank of Oman. Greyhound Lines, Inc.
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BHMI Topic Paper: Buy, Build or Outsource Software Development
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Buy, Build or BHMI. If you decide to build, should you build the software in-house or outsource the project to a third party vendor? If you decide to outsource, should you use an onshore or offshore development organization? The decision to buy, build or outsource is both important and complex. After all, you are making a decision about the software upon which the future success of your business lies. The choice you make will set the direction of the project and ultimately determine its success. As you a...
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BHMI Topic Paper: Software Innovation
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In light of current economic conditions, most businesses are doing everything within their power to cut costs and save money. Historically, during challenging economic times, businesses have looked to their IT budgets for cost reduction over any other budget. However, the way a company goes about reducing IT spending can mean the difference between advancing to the position of market leader and falling behind the competition. When companies are the lowest cost providers in their industry, they have a sig...
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BHMI Resources: Enterprise Software, Technology Consulting, and Systems Integration.
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As a leading creator of primary software applications, BHMI would like to share some useful topic papers that offer practical advice regarding your various business software options. These documents cover important topics such as the benefits of onshoring versus offshoring, ways to rejuvenate your existing applications, and how to create a competitive advantage with your business software. Please click the links below to view these topic papers in full. Buy, Build or BHMI. Onshoring vs. Offshoring. Based...
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BHMI Topic Paper: Expand Your IT Capacity
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Expand Your IT Capacity. According the article, Deloitte carried out a global survey of 306 IT decision-makers and executive business managers and found that while IT managers have an increasingly clear understanding of what they must do to effectively support their organizations' business strategies, their existing IT resources appear to be falling short, leaving IT departments without the talent necessary to do the job. Software Infrastructure Partnering is a form of outsourcing whereby a company choos...
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BHMI Topic Paper: Software Rejuvenation
http://www.bhmi.com/software_rejuvenation.html
Throughout the years, your company has invested thousands of dollars, perhaps millions, on a homegrown legacy application that no longer meets your needs. It is unable to provide valuable information; does not support your current business process; is difficult to maintain, or is frequently unavailable due to system failures. What do you do now? Do you simply toss the legacy application aside and build a new software application from scratch? Or, do you start over with a different in-house team or vendor?
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Concourse — Disputes™: Payment Transaction Dispute Management and Chargeback Software
http://www.concoursefinancialsoftware.com/concourse_disputes.html
Concourse — Disputes™. Automate Disputes Processing for Electronic Payment Transactions. Disputes processing, including chargebacks and adjustments, will always be part of electronic payments processing. Unfortunately, it is time-consuming and expensive. Some studies show that the average cost of processing dispute claims can be up to 15% of the total operating costs for electronic payment transactions. This is because issuers, acquirers, and third-party processors have to do the following:. Concourse &m...