...I have a lot of respect for Time Machine, and I will try the work arounds, but not having a scheduler and a simple log of successes and errors means that it does not pass muster for many small businesses who are required to show proof historically that their system has been backed up (not just that the last backup worked).
It is a superb product for home users who do not have backup regulations to comply with.
From your comments you scream a Windows user who is used to failures being expected and taking forever to fix at great cost and pain.
A total failure of a computer in Mac OS should take no longer than about 4 hours to restore from a Time Machine backup once you have the new machine out of the box.
When you restore from a Time Machine backup you will have the Applications, Users, Settings and Data that had before. What other process does that?
I would say it is superb for everyone.
I modelled my backup system on the Chase Jarvis system. He went on to make Creative Live so not that small
https://www.chasejarvis.com/blog/workflow-and-backup-for-photo-video/For a start, Time Machine is not a product. You don't have to worry that a "product" will work with Mac OS, because it IS Mac OS.
The scheduler we have talked about as a readily available utility.
There are logs. They are not verbose but utilities like Time Machine Mechanic (which I have never used) are supposed to give you English written logs.
I really can't see the point.
You get warnings on the screen if a backup has not occurred and just by opening the backup drive you can see all of the backups and pick a file at random and drag it to the desktop. That trumps a log which may be untrue any day.
See the pics
You can all of the backups going back to Move 2018 on this drive, you can see the lates backup and you can see that a Drive has not backed up for a while (because it is currently not attached). I don't know why it says "select a new disk" because it does that automatically. Most importantly, a non tech person can see also.