It is a basic business processing system, serving the operational level of an organization. Which seeks to collect all transaction data and stores them in its database to produce, process, save, display, modify, etc. Employees use this collected information to view account statements, paychecks, payroll, and to choose different items.
They are data that can be changed very little varied dog, so they must be managed very well so that there is no confusion, as well as that they can be described with great precision. These elements were what allowed routines to be created that would take care of repeated jobs .
The systems can also retrieve information if it is what you are looking for, since the database is the one that supervises all the transaction programs and within these are the information programs.
The system is extremely useful when selling something online, there is no lag time, as a clear example of this is when buying an item over the internet, the only lag time is when the “buy” button is pressed and when it really sells.
The main objective of the transaction processing system is to increase the ability to perform administrative tasks, performed by the company in order to control all business activities. It must also capture the relative data of the company. Lastly, it must be able to accommodate any existing bugs.
Advantage of transaction processing systems
It is able to control, manage and observe multiple transactions in order to determine which one is of higher priority than the other. You can control business decision- making to maintain the safety and stability of those involved in the operation, as it can benefit others.
They make the operational tasks of a given organization automatic . You can also save quite a significant amount of money, in labor because they automatically do the work for others. It makes online credit card payment transactions much easier.
They have the importance of being information collectors, because for this they are in charge of the large information databases they have to be exploited later. They are very easy to justify since their benefits are very noticeable for most, they are very visible and true. This system is applied by several powerful companies around the world .
Optimize article distribution, bank transactions from payment account to business. It can present incredibly fast response times.
Disadvantage of transaction processing systems
The most notable disadvantage is its limitation , as the ability to create reports is very problematic. They offer very basic records, which creates a problem for managers or workers to thoroughly analyze a job.
They are quite intensive in entering information and also in exiting it, their calculations are not very accurate and processes are not very sophisticated. Its effectiveness also varies according to the type of environment that exists in the workplace .
It presents problems with Software and Hardware , since the processing systems are a kind of combination of these two. For this reason, virus attacks are so widely seen in this system, targeting the personal information that is stored in the database. A hardware malfunction could cause an electrical disaster and could totally damage the system.
Importance of transaction processing systems
The systems support the routine activities that occur in the work environment, and also help companies to value each and every one of their products.
Depending on the customer, they can have more value, more price, lower price, more service or less service, of course it can also have product exclusivity , but always to provide good value to a specific customer.
In this type of system, you do not get much criticism , especially because it has a fairly fast response level; A company cannot afford to wait for workers, so they decide to run a transaction processing system.
