Definition: A Transaction Processing System (TPS) is a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise
Features of Transaction Processing Systems
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, led by such organisations as the Association for Work Process Improvement and the Transaction Processing Performance Council.
Transaction processing systems offer enterprises the means to rapidly process transactions to ensure the smooth flow of data and the progression of processes throughout the enterprise. Typically, a TPS will exhibit the following characteristics:
Rapid Processing
Reliability
Standardisation
Controlled Access
Transactions Processing Qualifiers
Atomicity
Consistency
Isolation
Durability
Features of Transaction Processing Systems
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, led by such organisations as the Association for Work Process Improvement and the Transaction Processing Performance Council.
Transaction processing systems offer enterprises the means to rapidly process transactions to ensure the smooth flow of data and the progression of processes throughout the enterprise. Typically, a TPS will exhibit the following characteristics:
Rapid Processing
Reliability
Standardisation
Controlled Access
Transactions Processing Qualifiers
Atomicity
Consistency
Isolation
Durability
