Backbase
Backbase provides an Engagement Banking Platform that helps financial institutions unify their customer journeys across all digital touchpoints and modernize their legacy banking systems with a customer-centric approach.
Khoros
Khoros is a customer engagement software providing unified solutions for social media management, online community building, and digital contact centers to help you manage brand interactions across all digital channels.
Quick Comparison
| Feature | Backbase | Khoros |
|---|---|---|
| Website | backbase.com | khoros.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2003 | 2019 |
| Headquarters | Amsterdam, Netherlands | Austin, USA |
Overview
Backbase
Backbase helps you transform your financial institution into a digital-first bank by unifying all your customer journeys onto a single platform. Instead of struggling with fragmented legacy systems, you can manage retail, business, and wealth management services through one cohesive interface. This approach allows you to move away from product-siloed operations and focus entirely on the customer experience across web and mobile channels.
You can orchestrate every touchpoint in the customer lifecycle, from initial onboarding and daily banking to complex loan applications. The platform acts as an engagement layer that sits on top of your existing core banking systems, giving you the flexibility to innovate quickly without the risk of a complete core replacement. It is designed specifically for mid-to-large sized banks and credit unions looking to compete with digital-native challengers.
Khoros
Khoros provides you with a unified platform to manage every digital interaction your brand has with its customers. You can orchestrate social media marketing, build branded peer-to-peer communities, and run a digital-first contact center from a single interface. By connecting these touchpoints, you ensure your customers receive consistent answers whether they reach out on X (formerly Twitter), WhatsApp, or your own community forums.
The platform is designed for large organizations that need to scale their customer service and engagement without losing the personal touch. You can use AI-powered automation to handle routine inquiries while routing complex issues to the right human agents. This helps you reduce response times, increase customer satisfaction scores, and turn your social media presence into a measurable revenue driver.
Overview
Backbase Features
- Unified Engagement Layer Connect all your banking services into one single platform to provide a consistent experience across web and mobile apps.
- Digital Onboarding Create frictionless account opening processes that allow your customers to sign up and verify their identity in minutes.
- Banking-as-a-Service Deploy pre-built functional components for retail and business banking to accelerate your time-to-market for new digital features.
- Journey Orchestration Design and manage complex customer workflows visually to ensure every interaction feels personalized and relevant to your users.
- Employee Interface Empower your staff with a 360-degree view of customer data so they can provide better support and relevant product offers.
- Cloud-Native Deployment Scale your operations reliably using modern cloud infrastructure that supports high-volume transactions and ensures constant availability.
Khoros Features
- Unified Care Desktop. Manage all incoming customer conversations from social media, messaging apps, and review sites in one synchronized inbox.
- Brand Communities. Build a branded space where your customers can help each other, share feedback, and find expert-verified answers.
- Social Publishing. Plan, schedule, and publish your social media content across multiple global accounts using a collaborative visual calendar.
- AI-Powered Bot Orchestration. Deploy intelligent bots to resolve common questions instantly and hand off complex issues to live agents.
- Real-Time Social Listening. Monitor brand mentions and industry trends across the web to understand customer sentiment and identify emerging crises.
- Advanced Analytics. Track team performance and customer engagement metrics with customizable dashboards that prove the ROI of your digital strategy.
Pricing Comparison
Backbase Pricing
Khoros Pricing
Pros & Cons
Backbase
Pros
- Highly flexible architecture supports complex banking requirements
- Significantly improves the end-user digital experience
- Strong library of pre-built widgets accelerates development
- Excellent documentation for developers and implementation partners
- Effective at modernizing legacy systems without replacement
Cons
- Implementation requires significant technical expertise and time
- High total cost of ownership for smaller institutions
- Frequent updates can require dedicated maintenance resources
Khoros
Pros
- Excellent for managing high volumes of social interactions
- Robust community features that drive long-term customer loyalty
- Powerful permission settings for large, global marketing teams
- Consolidated view of the entire customer digital journey
Cons
- Significant learning curve for new platform administrators
- Higher price point compared to mid-market social tools
- Reporting interface can feel complex for basic users