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Transaction processing system cost
Transaction processing system cost






transaction processing system cost

Computerizing systems of the entire organization usually consumes a lot of time to initiate and implement especially for large organizations. When information is urgently needed, this facet of time is advantageous.Ĭonversely, time has also its shortcomings. Clerical staff can perform some of the business activities such as recording receipts, harmonizing paychecks and also filling invoices faster than a computer. Therefore, batch processing although outdated in still in use in some organizations (Prakken, 2000).Ī transaction processing system has some inherent positive and negative impacts to the users. However, for routine business activities such as invoicing and generation of paychecks, batch processing is preferred to online processing structures. Nowadays, organizations use online transaction processing for most of their activity processing systems. However, invoices are mostly printed collectively whereby there are printed and student’s notified when to collect them. Schools usually use online transaction processing whereby a student’s schedule is keyed in and the clerical staff authorize printing of the student’s timetable. Advancements in technology initiated development in online transaction processing whereby transaction are analyzed as they are individually fed into the system. Data was collected over a specified period of time and then processed later collectively.

TRANSACTION PROCESSING SYSTEM COST MANUAL

It paved way for computerization of manual systems, an effort that greatly reduced staff cost, increased processing time and enhanced quality of services rendered to customers (Antill & Clare, 1991).īatch processing was greatly used among the initial transaction processing systems.

transaction processing system cost

Transaction processing structures were primarily computerized for data processing in organizations. Lastly, servicing data which entails updating old data, adding data, or deleting obsolete data (Antill & Clare, 1991). Another business activity is ascertaining an action such as printing receipts, sending invoice to customer, or generating customer’s receipt. First, recording of a transaction such as registering a student, a cancelled order, or client’s payment. The daily activities entail withdrawal, payment or an order among other trivial activities.Ĭlerk staff are involved in transaction processes within an organization. Transaction processing systems obtain and process data from an organization’s daily activities.








Transaction processing system cost