These software packages can also be efficient enough to collect and link information from the company's accounting department to create a simpler process for creating and managing budgets, which will also be editable by management, incorporating any other provisions. These software packages are usually an invaluable tool for managing financial information and reviewing the information in a real-time format. All these conclude for the importance and necessity of budget in every organization. Budgeting helps the company know its current performance margin and can evaluate it to achieve the best outcome. As the Allen Lakein quote says, “Failing to plan is planning to fail.” If budgeting is not done, it can have repercussions on the entire financial system, although the use of budgeting is criticized by many, it has its merits that stand out, so the use of budgeting is important in every