Financial Planning and Budgeting

The Primary objective of financial planning and budgeting is the optimal management of company’s financial resources. The planning and budgeting process is closely related to the company’s strategic and tactical objectives, since financial resources should be used mainly for achieving those objectives.

After a company’s management reaches an agreement on developing a strategy, the financial planning and budgeting process begins. This process involves planning, how to secure funds and how to allocate them to every department and unit in the organization, and how these resources will facilitate reaching the set objectives.

During the planning and budgeting process, we transfer our knowledge and experience to the company’s employees to ensure that when the time comes for the next budgeting, your employees can handle it with minimum involvement of outside consultants.

 

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