Why your organization needs a dynamic, adaptable budget

Developing a budget is not a task reserved just for global corporations. Companies of every size must plan in advance how they will allocate financial, physical and human resources to achieve strategic goals and objectives. While the definition of budgeting is clear, the motivation for creating a budget can vary from company to company. Some companies look to help control spending while others try to more accurately predict metrics such as cash flow and profit into the future.

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