The power of transactional information

The power of transactional information

Alfredo Velasco – November 1, 2016

Do you have the absolute certainty that the information coming out of your business-operation system is a reflection of reality? Or whenever you require reliable information you have to collect data from different areas, integrate it into a report, validate it, and still not be sure that information is 100% accurate?


The seller who did not know what he could sell

How many times have we heard of people working in companies with information systems, and yet, when they need reliable information they do not have it?

A common example is when a seller tries to investigate the existence of a product. It is likely that the information on the system is incorrect and the seller prefers to validate it before committing something with the client. This creates re-work and does not guarantee that the information will be accurate. In the process, the customer will have to wait.

The misconception of transactional information seems to be a great loss to which companies are exposed.  To prevent this from happening, all transactions of the operation must be registered at the time they occur.

Transactional information processes provide certainty that the information in the system is reliable. There are always natural locks in the process that serve as filters and that guarantee that the system is always with the most recent information.

Why is transactional information valuable?

  1. Transactions are aligned accordingly to the natural sequence of the enterprise operation.
  2. Transactions that are dependent on another may not be registered until the previous ones are capture, just as in the actual operation.
  3. The system is kept with updated records.
  4. Transactions are captured in real time.
  5. Every transaction is reviewed by the users involved, ensuring that each business interest is being considered.

And most important of all … is a source of reliable information.