Transaction
Processing Systems

Transactions
are a variety of activities that occur as part of the business activities, such
as sales, purchase, storage, withdrawals, refunds and payments. For example,
imagine the data produced when the company selling something to a customer on
credit , either from a retail store or through e-commerce sites on the Web.
Data about customers, products, salespeople, stores, and other companies should
be captured and processed. This ultimately led to additional transactions, such
as credit checks, customer billing, changes in inventory , accounts receivable
and an increase in the number of businesses, which generate even more data.
Thus, transaction processing activities required to capture and process such
data, or business operations will slow down until it stops. Therefore, a
transaction processing system plays an important role in supporting the
company's e-business operations.
Transaction
Processing System Online strategic role in e-commerce. Many companies using the
Internet, extranets, and other networks that bind them electronically to their
customers or suppliers for online transaction processing, online transcation
processing-OLTP . Real-time systems of this kind, that catch and process
transactions quickly, can help companies provide superior service to its customers
and other trading partners. This ability to add value to their products and
services, and then give them a valuable way to differentiate themselves from
competitors.
Transaction
Processing Cycle
Transaction
processing systems, capture and store data that describes the various business
transactions, renewing the organization's database, and produce a wide range of
information products. You must understand this as a transaction processing
cycles of various business activities such as the following :
Data
Entry. The first step of the transaction processing cycle is catching business
data.The example , the data can be collected by post transaction terminal using
optical code scanner and credit card reader lines in retail stores or other businesses.
Alternatively, transaction data can be captured through an e-commerce website
on the internet. Adequate recording and editing of data, so that data can be
quickly and correctly captured for processing, is one of the major challenges
in the system design of information systems (discussed in the next post).
Transaction
Processing.
Transaction
processing system processes the data in two basic ways (1) batch processing,
transaction data that accumulates over time and processed periodically, and (2)
real-time processing, also called online processing, which processes the data
immediately after the transaction. All online transaction processing system
combines real-time processing capabilities. Many online system also relies on
the ability of' fault tolerance' computer system can continue to run even
though Sebaian of system failure . The concept of fault tolerance will dibahan
upcoming posts.
Database
Maintenance.
The database is to be maintained by the organization transaction processing
systems so that they are always right and the new . Therefore, a transaction
processing system to update the organization's corporate database to reflect
the changes in the results of daily transactions . For example , sales of loans
to customers will make the customer account balances rise and reduced the
amount of inventory on hand. Maintenance of the database to ensure that these
changes and other changes are reflected in the records stored in the database
datayang company.
Preparation of
documents and reports.
Transaction processing system produces a wide range of documents and reports.
Examples of transaction documents include purchase orders, payroll checks,
sales receipts, sales invoices and statements to customers. Transaction reports
can be shaped like a payroll transaction list, or edit a report that describes
the various errors that are detected during processing.
Processing
Request. Many
transaction processing system allows you to use the internet, intranet and Web
browser , or database management query language to make requests and receive
responses with regard to the results of transaction processing activities .
Typically, responses displayed in different formats or screens that have been
previously dipesifikasikan. For example , you can check the status of a sales
order, the balance in an account, or the number of items in stock sertamenerima
immediate response to your PC.
Compared to storing data in the cloud, storing data locally is far more expensive and time consuming. The cost of computers, storage, servers, and manpower far exceeds the cost of cloud solutions and offers no real advantages to your business.
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You also have to show a financial statement in order to prove the financial health of your business.guarantor loans
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