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Word processor vs transaction processor

The differences between word processors and transaction processors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a word processor and a transaction processor. Additionally, a transaction processor has an average salary of $47,123, which is higher than the $39,454 average annual salary of a word processor.

The top three skills for a word processor include powerpoint, data entry and proofreading. The most important skills for a transaction processor are clerical tasks, computer database, and business operations.

Word processor vs transaction processor overview

Word ProcessorTransaction Processor
Yearly salary$39,454$47,123
Hourly rate$18.97$22.66
Growth rate-8%-3%
Number of jobs7,9957,364
Job satisfaction--
Most common degreeBachelor's Degree, 38%Bachelor's Degree, 38%
Average age5050
Years of experience1212

What does a word processor do?

A word processor is responsible for setting up and preparing mailing labels, letters, reports, and other materials using word processing software and a keyboard. They use word processing commands to create documents needed for company operations. They are also expected to perform some clerical duties in and around the office, like answering telephone calls and copying documents.

What does a transaction processor do?

The duties of a Transaction Processor include managing clients, office administration, and data analysis. You will be tasked with meeting daily data execution as well as analysis under an environment with customers where you will constantly be required to meet deadlines. You will also be required to transcribe data into simpler, easy-to-understand forms for clients. Your data analysis game has to be top-notch and unrivaled. Generally, your job is to be the first line of support for all operations as well as business initiatives.

Word processor vs transaction processor salary

Word processors and transaction processors have different pay scales, as shown below.

Word ProcessorTransaction Processor
Average salary$39,454$47,123
Salary rangeBetween $26,000 And $58,000Between $30,000 And $72,000
Highest paying CitySan Francisco, CA-
Highest paying stateCalifornia-
Best paying companyKent Daniels & Associates-
Best paying industryProfessional-

Differences between word processor and transaction processor education

There are a few differences between a word processor and a transaction processor in terms of educational background:

Word ProcessorTransaction Processor
Most common degreeBachelor's Degree, 38%Bachelor's Degree, 38%
Most common majorBusinessBusiness
Most common college--

Word processor vs transaction processor demographics

Here are the differences between word processors' and transaction processors' demographics:

Word ProcessorTransaction Processor
Average age5050
Gender ratioMale, 13.6% Female, 86.4%Male, 28.1% Female, 71.9%
Race ratioBlack or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%Black or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%
LGBT Percentage7%7%

Differences between word processor and transaction processor duties and responsibilities

Word processor example responsibilities.

  • Create and update Microsoft VISIO graphs.
  • Complete document in SPD drive the same day as payroll.
  • Train all desktop publishers on new style sheets for various college examinations.
  • Prepare pleadings, briefs, opinions for filing and trial via transcription.
  • Edit and proofread authors and desktop publisher's manuscripts ahead of the editing department.
  • Process work orders utilizing WordPerfect software, transcribe from Dictaphone system, answer phones and sort mail.
  • Show more

Transaction processor example responsibilities.

  • Coach fellow team members to help attain higher QA and assist with CANDE questions to ensure efficiency.
  • Process Medicaid medical and dental claims - ensure accuracy and completeness of data
  • Apply a vast working knowledge of pertinent laws and regulations (HIPPA).
  • Exercise knowledge of HIPAA regulations to process health insurance payments in a secure environment.
  • Process incoming mail for swp-adjustments and payouts, dividend address change or ACH set-up.
  • Process incoming ACH fund payments and assign incoming federal fund wires to appropriate customer/firm accounts.
  • Show more

Word processor vs transaction processor skills

Common word processor skills
  • PowerPoint, 15%
  • Data Entry, 14%
  • Proofreading, 10%
  • Law Firm, 5%
  • Financial Statements, 5%
  • Word Processing Equipment, 4%
Common transaction processor skills
  • Clerical Tasks, 26%
  • Computer Database, 25%
  • Business Operations, 16%
  • Data Entry Functions, 7%
  • Processing Tasks, 7%
  • Completeness Data, 3%

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