Transaction process is a term that refers to the adding, changing, deleting, or looking up of a record in a data file or database by entering the data at a terminal or workstation. Most transaction ...

The phrases "point of sale" and "transaction processing system" represent two different, yet closely related concepts having to do with the sales function. Each term represents a distinct and vital ...

Online transaction processing systems are purpose-built to handle large numbers of transactions by large numbers of concurrent users, while guaranteeing the integrity of the data. Online transaction ...

Here’s a question for finance leaders: Is transaction processing a key element of finance transformation? If I think back to the hundreds if not thousands of conversations I have had on the subject of ...

Yin and yang, life and death, Clark Kent and Superman. Some concepts are so intertwined that it’s impossible to imagine one without the other. Transaction processing (TP) and relational databases ...

Updating the appropriate databases as soon as an order, payment or other transaction is made. Transaction processing enables anyone in the organization to obtain an account balance, inventory balance ...