Organizations that follow best practices in budgeting list down procedures on a way to allocate resources.

They allocate resources in an exceedingly manner that supports those activities that are in line with key strategies.

These procedures and guidelines help the organization to avoid wasting time in resource allocation decisions and affirm organizations' commitments as planned.

Success in business budgeting is well achieved in companies that have good corporate governance structures and according to George Dfouni, every organization should hire a budget developer for the betterment of their work.