Transaction and Process

Author: Beagle Research, Partner Relationship Management

– Transaction and process are a couple of words that are often used interchangeably though they mean different things. They’re not opposites like jumbo and shrimp that would make an oxymoron. Transaction and process are a pair more like data and information. They’re related not as synonyms or antonyms but through a hierarchy. You can cultivate data into information and a transaction frequently happens at the end of a process – for instance, a sales process yields a sales transaction.

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