What does 'Transaction Mapping' mean?

Transaction mapping is the process of tracing, analyzing, and visualizing the flow of transactions within a system, application, or network. It provides a detailed view of how data or financial operations are initiated, processed, and completed across different components or entities. This practice helps organizations understand dependencies, identify bottlenecks, detect anomalies, and optimize workflows. In IT systems, transaction mapping is used to monitor user requests, API calls, or database interactions, ensuring system efficiency and troubleshooting issues. In financial contexts, it aids in tracking payment processes or auditing transactional records for compliance. By offering transparency and insight, transaction mapping supports better operational control and decision-making.