business processing


Also found in: Dictionary, Thesaurus, Medical, Financial.

business processing

The processing of business transactions (orders, payments, etc.) in a company. See data processing.
Copyright © 1981-2019 by The Computer Language Company Inc. All Rights reserved. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction is strictly prohibited without permission from the publisher.
References in periodicals archive ?
"By automating the delivery of business process and enabling clients to perform transactions themselves, the BSP model solves may of the limitations of the applications service provider (ASP) and business processing outsourcing (BPO) models," said Rebecca Scholl, senior analyst for Gartner Dataquest's IT Services worldwide group.
In a recent Accenture survey, insurers said they undertook business processing initiatives to lower capital investments, obtain access to new technologies, and centralize and standardize processes and technology.
Straight-through business processing between agents and insurers is now prevalent and expanding for many insurers as a means to lower costs, enhance quality and improve timeliness.

Full browser ?