Organization of budgeting

Budgeting is an essential element of an enterprise management system, and not just a financial management tool. In terms of content, budgeting is a technology for planning, accounting, control and analysis of cash, information and material flows, as well as the results obtained.

Budgeting covers all areas of the enterprise: marketing, administration, personnel management, manufacturing, purchasing, quality control, research, sales.

With the help of budgeting, you can solve the following tasks:

create an effective financial management system;
optimize the company's income and expenses;
receive consolidated statements;
build and evaluate indicators of liquidity, profitability;
improve management efficiency.

Within the framework of budgeting, it is possible to perform the following tasks:

analysis of the used methods of planning and budgeting and financial management;
development of a budgeting scheme that reflects the main production processes;
creation of budgetary forms necessary for managing the organization through the budget;
development and optimization of planning and budget management;
working out the interaction of financial responsibility centers (structural divisions) when setting budgeting;
creation of forms of budgetary control, interaction regulations;
integration with the existing planning system.

As a result, you will receive an effective operational management tool that allows you to plan economic activities, direct the work of all departments to achieve economic results, and optimize financial flows.

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