Informationsystem

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Information System
An example of an information system is transaction processing system (TPS). TPS is one of the information systems which involve an organization transaction for collecting, modification and retrieval of transaction information. The key features of the TPS are reliability, consistency and its performance. A transaction process is contrasted of a batch process, where many of the requests are executed at ago ((Büscher, et al., 2225). The former method required the interaction of the user, but with the introduction of the batch process, the user involvement is not needed. In this case, all the transactions results are not immediately available. Finally, in the transaction process, there is no delay at all, and the results of all the transaction are readily available (Đurić, et al., 48).
IS system is used in integrating the management in both internal and external information across the organization (Colgate, 142). For example, in the banking industry information systems are essential regarding the growth and the survival of any organization (14). Banks need to store all the information which is used for making management easy and help the organization in edging out all their competitors (Kock, et al., 758). The primary information system used in banking includes booking keeping records for all the customers who need huge investments and those who need other security measures. To be precise, the information system is used for managing and processing all the information necessary for any organization (Büscher, et al.

, 2217). Many of the banks use the information system in bolstering their business. This is done through the adverts of the information system. For example, in the banking system, object-oriented program concept has helped in the use of multiple servers, thus reducing the workload for one PC (Colgate, 146).
Conclusively, IS has enabled much organization to arrange and keep their records easily, in the banking industry, IS has helped in record keeping and provide good services to their customers. In addition, many of the banks use the information system in bolstering their business.
 
 

Works cited
Büscher, Christian, Meisen, Tobias; Schilberg, Daniel; Jeschke, Sabina. “VPI-FP: An Integrative Information System for Factory Planning.” International Journal of Production Research, vol. 54, no. 8, 15 Apr. 2016, pp. 2215-2226. EBSCOhost, doi:10.1080/00207543.2015.1057298.
Colgate, Mark. “Marketing and Marketing Information System Sophistication in Retail Banking.” Service Industries Journal, vol. 20, no. 1, Jan. 2000, pp. 139-152. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=hjh&AN=3041949&site=ehost-live.
Đurić, Draginja, Knežević, Snežana; Rakočević, Slađana Barjaktarović. “Accounting Information System in Banking Planning and Control.” Management (1820-0222), no. 61, Dec. 2011, pp. 42-53. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=bth&AN=71939288&site=ehost-live.
Kock, Ned, Avison, David & Malaurent, Julien. “Positivist Information Systems Action Research: Methodological Issues.” Journal of Management Information Systems, vol. 34, no. 3, July 2017, pp. 754-767. EBSCOhost, doi:10.1080/07421222.2017.1373007.