What are the objectives of implementing e-budgeting?

[Suba]

E-budgeting is a digital budget either on websites or apps, especially to increase budget transparency and accountability in an agency that is easily accessible to other parties, consisting of static budgets and strategic budgets. The e-budgeting team consists of financial experts and an IT expert who is tasked with running e-budgeting. One of the goals of e-budgeting is that budget preparation will be easier and of course there are many other goals.

 

[Augusta]

Yes, e-budgeting is that budget preparation will be easier and you would think about even budgeting in the first place as you have a convenient place to do so

 

[Suba]

The implementation of e-budgeting will make control easier even from the initial stages of budget preparation and there will be control over the realization of profitable or non-profitable budgets, apart from that the data will also be more accurate and reliable, and budgets can even be easily analyzed.

 

[Xtynehappy]

The purpose of most budgets are geared at helping the people to spend their money wisely and control the way of spending. So the implementing of the budget fulfills the same purpose.

 

[Suba]

There are also several shortcomings of the e-budgeting system, which is an online site or app so it will be vulnerable to being hacked, apart from that we also have to apply antivirus to prevent damage.