Keyword: «budgeting»

The author analyzed the process of budgeting in the organization and identified the features and problems of its organization in the budget institution. In the course of researches the author reveals the basic directions allowing to soften the process of planning in organization.

Within the framework of the study, the issues of organizing financial management in modern large corporations in various countries of the world are considered. Studied the issue of effective management and problems existing in this area. Based on this, it should be concluded that with competent handling of the facts of the organization's economic life, carrying out the necessary calculations, you can get a high result of the work.

In the context of the digitalization of the economy, the issues of effective management of personnel costs are becoming particularly relevant. This topic covers the analysis and identification of priority areas for optimizing labor costs, the use of innovative technologies to increase productivity and reduce excess costs. The article discusses key optimization strategies, such as process automation, and improvement of personnel management systems using digital solutions. The emphasis is placed on the need to adapt to the changing technological landscape and the introduction of flexible personnel management methods, which contributes not only to cost savings, but also to increasing the competitiveness of organizations in the context of digital transformation.