TPS processes business transaction of the organization. Transaction can be any activity of
the organization. Transactions differ from organization to organization.
For example, take a railway reservation system. Booking, canceling, etc are all
transactions. Any query made to it is a transaction. However, there are some transactions,
which are common to almost all organizations. Like employee new employee,
maintaining their leave status, maintaining employees accounts, etc.
This provides high speed and accurate processing of record keeping of basic operational
processes. These include calculation, storage and retrieval.
Transaction processing systems provide speed and accuracy, and can be programmed to
follow routines functions of the organization.
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