Budgetary Planning vs. Budgetary Control in NetSuite

December 3, 2020

VIDEO — How are Budgetary Planning and Budgetary Control are different? Are they the same? Budgetary Planning is the process we go through to establish our budget and a Budgetary Control solution is what we use to enforce it.

Organizations put a lot of time and spend a lot of money planning their budgets, but many don’t put much effort into control their budget once established. Do we have our priorities backward? Take a minute to hear from our industry experts.