Budgeting refers to the income and expense planning carried out by an organization according to its activities in order to achieve its financial goals. Corporate companies use budgeting methods to progress in a controlled manner within the framework of targeted plans while increasing operational efficiency. With a budgeting system that enables more accurate management of financial resources, potential risks arising from operations and investments can be eliminated. Budgeting, which serves as a company’s financial roadmap, is highly important for business growth. In corporate companies, measuring the performance of each department’s operational points and using available resources efficiently is of strategic importance
Establishing a goal-oriented corporate structure
Keeping expense and income items under control
Gaining the ability to measure overall, operational, and departmental performance
Saving unnecessary costs
Increasing corporate performance
Organization management based on plan and system