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transaction processing system

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transaction processing system
CHAPTER 1
PROJECT IDENTIFICATION

PROJECT CONTEXT
Transactions are the routine day-to-day activities performed by most organizations. Some are commercial transactions (buying, selling products and services, paying bills etc.) others involve recording or retrieving data. Most individual transactions are relatively simple, but in most organizations, there are very large numbers, so speed and efficiency are important considerations. Transactions are a fundamental unit of activity in organizations and are generally inseparable. They often involve multiple steps, but if any of the steps fail then the whole transaction cannot proceed.
Analyzing transaction patterns and volumes of transaction data is an important middle management activity in any business process. Transaction processing is often the core of most major activities in organizations and the systems that collect this data often support other systems that might be decision support, management information or executive information. Transaction processing is supported by programs that are called transaction processing systems. 1 .
Transaction Processing System is an organized collection of people, procedures, databases, hardware and software to record completed business transactions. Most
TPSs consist of all the components of a CBIS including databases, telecommunications, people, procedures, software and hardware. For most organizations, the TPS is the basis of the day-to-day activities that occur in the normal course of business, adding value to its products or services. The success of commercial enterprises depends on the reliable processing of transactions to ensure that customer orders are met on time, and that partners and suppliers are paid and can make payment.

The field of transaction processing, therefore, has become a vital part of effective business management. Transaction Processing Systems capture and process data describe business transactions.2 .
This study proposes a

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