MicroStrategy has come up with a new advanced feature in 9.2.1 version called as Transaction Services. Transaction services is an inbuilt function in MicroStrategy which intensifies the user experience by enabling write-back capability with the data stored in existing transactional systems and the data warehouse. The users can even update, insert and delete a record in the database just by interacting with the dashboard or documents via desktop or mobile with one click.
User can act on business information anytime from anywhere by approving requests, submitting orders, changing plans, capturing instant feedback and many more features can be done with Transaction Services. Transaction Services documents are typically designed for use in mobile. MicroStrategy Transaction Services provides users the flexibility of designing their own Free Form Transaction reports and hand-picking of data to perform each transaction.
Transaction services, is an add-on component to intelligence server just like OLAP services or Report services. We can find this option during installation under MicroStrategy Intelligence server product.
Benefits of Transaction Services
Wide range of applications can be implemented in various fields using Transaction Services.
In communication sector, we can use Transaction Services for Store Operations Analysis, Customer Profile Analysis, Network Maintenance Operations Management and many more. In Health Care sector, it is useful for Supply Monitoring and Management, Payer Authorizations, Sales Representative Support, so on. Like this in various fields like Retail Sector, Banking and Financial services, Insurance services, Stock market and many more sectors can be influenced by this Transaction Services.
Work Flow of Transaction Services