What is Transaction Management?
Transaction Management organizes, monitors, and controls financial or database transactions to ensure they are executed accurately and efficiently. It requires maintaining data integrity, preventing errors, and ensuring that every transaction is properly completed.
In business contexts, it often applies to managing digital payments or financial operations seamlessly.
Why It Matters
Transaction Management ensures data consistency and accuracy, preventing duplication or errors from happening in transactions. It is Vital for financial transparency and operational efficiency.
For SaaS startups and businesses, transaction management supports scalability and customer trust.