How to automate trading
Video: How to Build a Trading Robot (Automated Trading Part 1) 2024, July
Under the automation of trade refers to the introduction of computer technology for the accounting of goods, services and cash flows within the organization. Many financial transactions require a lot of time to calculate them. This is especially true for large enterprises. Manual employees can take a monthly report for weeks, and the machine will calculate everything in minutes.
You will need
- - calculator;
- - organizational structure of the company;
- - the tasks of each department of the organization;
- - information about the turnover of the enterprise.
Instruction manual
1
To automate your business, first select a software product, there are currently quite a lot of them. The selection of the right software depends on which area it should be applied to. For example, a separate program is required for accounting. As a rule, financial transactions are carried out in it. For conducting personnel policies and stock accounting, software is applied that is aimed at simplifying routine operations related to the movement of goods and counting personnel.
2
You can develop your own software product. To do this, calculate the number of employees and the amount of time that you will need to automate trading activities. To pay workers, providing them with material resources, certain costs are required. Therefore, before deciding on the choice of automation (self-development or purchase of a finished product), evaluate your financial capabilities and the payback period of the project.
3
When the decision is made to independently develop an automation program, then use the organizational structure of your company. Describe the tasks that each structural unit faces. Briefly describe them for clarity.
4
Write a list of all the processes that occur daily in each department of the enterprise. Indicate the list of reports that employees of structural units periodically execute. Describe the formulas for calculating the individual indicators necessary for accounting for the movement of goods, cash, personnel, and so on.
5
Choose the program that developers will use. Her purchase will also require financial investments.
6
Calculate all the costs that will be spent on developing a program for your company. Calculate the payback period of the project. It depends on the turnover of the company and the cost of cash for automation.
7
With a payback period not exceeding twelve months, self-development of the program will be beneficial for your enterprise. Proceed to this process. If the payback period turned out when calculating more than a year, then think about buying a ready-made program.
