Business Transaction Processing System
Business of translation can also called as the service or good provided to the customer by the buyer. Business transaction processing system supports and enables any business to deliver its services. Business transaction may be very in nature. Your phone call to your bank about account information is also part of it while mortgage is also a business transaction. Business transaction has different hierarchical steps. This transaction includes different stages before its completion. Each stage has a complete life cycle that generates different information being used by different stakeholders for maintaining and controlling purpose. The transactions having multiple stages are not the other part of traditional transactions. These traditional transactions cover only a small part of the life cycle of these transactions. These small transactions are needed to complete one business transaction. The draws back with these transactions are to synchronize then again in a unit to get the desire results. For the synchronization to these transactions to make a complete business transaction a configurationally processing system is needed.
This system provides proper flow of work for each step to complete the whole business transaction. This process starts from the flow of work than it combines all the separate entities of a business transaction and generates the final report of these transactions. This step also notifies about worked processes and remaining process. The next step near rage the whole parts of a transaction, priority wise then and reschedule the tasks. After analyzing the tasks that are send to the next stage to generate final results. There is only one type of business transactions there are may such transactions that are not recorded in financial reporting system. Each business transaction needs proper authentication and authorization before its completion and once, it is completed then it is difficult to make it on done. For the proper and correct process, business transactions need the entire task and activities are done in proper and arranged manner. Transaction processing system enabled you in providing this facility. This system enables the user to provide all the control over all the parts of transaction. So, if any thing is not going according to your expectation then you can easily eliminate and change the whole process. The main steps of that processing system involves the break down of each transaction into smaller transaction to enable user to have full access to monitor each step of transaction. It also enables user even to change or alter the transaction of it is not valid. Through this process each transaction is done after the authorization of the user. After that this transaction becomes the post of your business transaction history.
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