Transaction Process System in SA&MIS.

              Transaction Process System

Transaction Process System (TPS)
A transaction process system (TPS) is an information processing system for
business transactions involving the collection, modification and retrieval of all
transaction data. Characteristics of a TPS include performance, reliability and
consistency.

TPS is also known as transaction processing or real-time processing.

Tchnical point Explanation-  Transaction Process System (TPS)
A transaction process system and transaction processing are often contrasted with a
batch process system and batch processing, where many requests are all executed
at one time. The former requires the interaction of a user, whereas batch processing
does not require user involvement. In batch processing the results of each
transaction are not immediately available. Additionally, there is a delay while the
many requests are being organized, stored and eventually executed. In transaction
processing there is no delay and the results of each transaction are immediately
available. During the delay time for batch processing, errors can occur. Although
errors can occur in transaction processing, they are infrequent and tolerated, but do
not warrant shutting down the entire system.
To achieve performance, reliability and consistency, data must be readily accessible
in a data warehouse, backup procedures must be in place and the recovery process
must be in place to deal with system failure, human failure, computer viruses,
software applications or natural disasters.