Test record processing takes so much

Depending upon the complexity of your application, what may be taking a while is in auto-mapping the objects that are utilized in recording.  One of the things that I've found that can speed this up is to turn off the option "use extended find where possible".  https://support.smartbear.com/testcomplete/docs/reference/options/engines/name-mapping.html

This does NOT prevent you from using Extended Find if you want to when mapping components, it just means that TestComplete won't automatically use it.  If you turn that option off, you should see a performance improvement in mapping any and all objects and in the processing time after recording.