Business applications are built to streamline business operations, bring in efficiency, to automate repetitive tasks, enhance people productivity and allow them to better utilize their time. When used within the context of one business they can be classified into Productivity Enablers, Experience Enhancers and Core Systems.

"The advent of ubiquitous internet access, powerful computing, and cloud infrastructures is driving the evolution of new business models, resulting in a new age of SaaS applications."

Characteristics of TBA :
Transactional Business Applications.

• Organizing

  Facilitates businesses in structuring their offerings through product or service catalogs, enabling easy navigation and management.

• Record Keeping

  Centralizes and stores detailed records of business transactions, allowing for easy retrieval and real-time access to critical data.

• Streamlining

  Simplifies complex business processes by automating multi-step workflows, managing state transitions, and handling exceptions like reversals efficiently.

• Structured Chain of Command

  Supports hierarchical workflows by enforcing structured processes and clear roles.

• Traceability

  Ensures complete traceability of transactions, allowing businesses to track the origin, progress, and finalization of each action for accountability and auditing purposes.