Name: Uday Rathor
Student ID: 14409089
Tutor: Mr. Nick Wilkinson
Batch: Graduate Diploma in Information Technology (Level 7), Summer School, 2014.
Module: ITB6G20/1404 – Systems Analysis and Design
Introduction:
An organization to run must be able to successfully process different kinds of transactions and process data in the information system. There are several different types of classes in the information systems. The classes are distinguished on the basis of what they action in the organizations. Some maintain the details of the transactions processed daily and some process real-time transactions. These systems constantly communicate with the database and update the details on day-to-day basis. (Valacich, George and Hoffer, 2006)
TPS: Transaction Processing System Definition: A transaction processing system is a business system that collects, modifies and retrieves the data, stores the modified data in the business enterprise before it is used in an information system. (Bestpricecomputers.co.uk, 2014)
In other words, TPS process the details of the necessary information that is needed to update the data operations of an organization under its norms and to reduce the time taken in processing day-to-day transactions.
Features:
A commercial enterprise must be able to successfully process transactions to ensure that the requirements of customers, clients, partners and employees are met on time satisfactorily. Hence, transaction processing has become an integral part of effective business management. TPS also ensures rapid and smooth flow of data in and out of the system without leaving the system in an unstable state throughout the organisation. (Bestpricecomputers.co.uk, 2014)
TPS consequently handles information subject to business and its transactions. Data about every transaction is caught, confirmed transactions are stored and others are discredited and rejected.
References: Bestpricecomputers.co.uk, (2014). Transaction Processing Systems Explained. [online] Available at: http://www.bestpricecomputers.co.uk/glossary/transaction-processing-systems.htm [Accessed 12 Dec. 2014]. Cse.scu.edu, (2014). Transaction Processing. [online] Available at: http://www.cse.scu.edu/~jholliday/transproc.html [Accessed 12 Dec. 2014]. Itsallaboutmoney.com, (2014). Its All About Money. [online] Available at: http://www.itsallaboutmoney.com/ [Accessed 14 Dec. 2014].