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Financial Transaction Processing
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ALSO CALLED: Transaction Processing (Finance)
DEFINITION: The Transaction Processing Performance Council (TPC) is a worldwide consortium that establishes standards intended to promote the fast, efficient and reliable execution of e-commerce and database transactions. The benchmarks defined by the TPC measure performance on the basis of the speed and reliability with which transactions are carried out. Speed can be measured in terms of the number of transactions
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Definition continues below.
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| Recent Vendor Reports on Financial Transaction Processing |
Building a Best-Run Finance Organization
| sponsored by SAP America Inc
WHITE PAPER:
This SAP Executive Insight examines the changing role of the finance organization in today's business environment. Further, it describes how companies can develop best-run finance organizations.
Posted: 08 Jun 2009 | Published: 01 Jun 2008
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The Renewed Finance Function - Extending Performance Management Beyond Finance
| sponsored by SAP America Inc
CASE STUDY:
Companies and their stakeholders have always had high expectations for their finance teams. But this research program reveals that, most recently, these pressures- from regulators, from investors, and from competitors&#$5; are pushing companies to look for more from their finance teams in two main, but often conflicting, areas.
Posted: 04 Jun 2009 | Published: 02 Jun 2009
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The Profitability Perspective: How Automated Reporting Drives Better Decisions
| sponsored by SAP America Inc
CASE STUDY:
Driving sustainable growth requires profitability-focused planning and performance management. This special study highlights some key survey findings, which collectively show that profitability reporting is increasing in importance and the use of technology and more sophisticated costing and reporting solutions is high on the agendas of many...
Posted: 04 Jun 2009 | Published: 02 Jun 2009
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Financial Process Automation
| sponsored by Kofax, Inc.
WEBCAST:
View this webcast on financial process automation to find out what the drivers are for a company to consider automating its invoice processing, automating data entry & extraction, reducing the high cost of data entry and minimizing errors, increasing revenue recognition with quicker order fulfillment, and automatic notification of confirmation.
Posted: 29 May 2009 | Premiered: Available On Demand
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Nucleus Research ROI Case Study: US Army and the IBM Cognos 8 BI Solution
| sponsored by Cognos, an IBM Company
CASE STUDY:
The United States Army's Armament Research Development and Engineering Center improved employee productivity by upgrading to IBM Cognos 8 BI version 8.3 and creating a competency center for the propagation and standardization of BI-related best practices. Read on to learn how.
Posted: 26 May 2009 | Published: 26 Aug 2008
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FINANCIAL TRANSACTION PROCESSING DEFINITION (continued): … per second or minute; reliability can be expressed as a percentage.A typical transaction is an order for merchandise placed by a customer using a Web browser and entered into a corporate database by means of the Internet. The order transaction involves checking an inventory list, verifying that the item is in stock or determining when it will be, entering the order information into the system, confirming that the order has been placed and estimating the time of shipment. Order confirmation is typically sent back to the customer by e-mail. Some transactions are placed by customers using the telephone … Financial Transaction Processing definition sponsored by SearchSOA.com, powered by WhatIs.com an online computer dictionary
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