Transaction Processing System (TPS)

Transaction Processing System (TPS) is a computerized information system developed to process large amounts of data for routine business transactions. The things you can do in this system include:

1. Automating data management and transaction of business activity, which can be regarded as a discrete event in the life of the organization.
2. Data capture and every transaction.
3. Verifies the transaction to be accepted or rejected.
4. Saving a transaction that has been validated for subsequent data collection.
5. Generate reports and to provide a summary of each transaction.
6. Lets move the transaction and one process to another to handle all aspects of business.