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Tracking System Essay

CHAPTER I
BACKGROUND OF THE STUDY AND ITS SETTING
Introduction

Across the world, tracking system is used in different variety of work, vehicles, people, even in sports and health organizations. The technology can provide an easy way to increase company’s profit and improve employee’s productivity which leads to success and improvement of the businesses. Tracking system has been a help to most of the businesses and companies who wants to monitor their transactions and even people. Furthermore, most of the companies right now have already takes this system to develop their business which their economic status has been upgrade and the performance of their transaction has increased. Some businesses like Small retail locations, restaurants, school, business, offices, or churches need a machine to replace tedious and potentially inaccurate manual counting of small to moderate amounts of cash. So the experts develop a  solution to the common problems they encountered. Coin counters and sorters could potentially be some of the most time-saving devices that will used to ease the problems.

When having a Business like Lending Company it involves counting stacks of money and storing bulky files of different transactions including their employees and clients. Most of the companies used a manual in finding heavy loaded files and information of their clients to save money but it is not practical. For both categories of business, they must take it to the next level, in other words, they must take risk to improve their transactions and make a name for the success of their business. Indeed, tracking system provides reliable reports and information of their clients.In today’s business environment, even big and small business have come to rely on computerized systems to affect their business operations with innovations and technology development, certainly there are of businesses that continue to rely on manual means of manual counting, creating manual reports, storing files using filing cabinet. Indeed, for some large businesses, like Banks has purchase of a Money Sorter and most of businesses in vehicle and people used Tracking system, But for the others firms operating in industries that features in high volume, computerized tracking systems have emergedas a key component of business strategies aimed at increasing productivity and maintaining competitiveness. Moreover, the recent development of powerful computer programs capable of addressing a wide variety of record keeping needs including database management in oneintegrated system have also contributed to the growing popularity of Tracking System.


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