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They often involve multiple steps, but if any of the steps fail then the whole transaction cannot proceed
Analysing transaction patterns and volumes of transaction data is an important middle management activity in any business process.
Objectives of a TPS
?Increase labor efficiency
?Capture, process and store transactions and produce output
?Maintain error-free data input and processing
?Ensure data and information integrity
?Produce timely documents and reports
?Provide increased and enhanced service
?Increase customer loyalty
?Achieve competitive advantage
Typically, transaction processing business processes were among the first to be automated/computerised in most organisations, thus a lot of this early work with this type of system provides the foundation for current thinking about information systems...
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