Budgeting Informative Systems as a key factor for Business Innovative Development

Introduction. For a long time in the post-Soviet space, issues of financial planning and budgeting were not given due attention to due to the fact that the demand for these economic instruments was low. Meanwhile, an approach with disregard for budgeting and financial planning is acceptable only in the absence of competition on the market. Materials and methods. The theoretical and methodological basis of the research was the scientific literature on budgeting, management and financial accounting. In the course of the study, methods of analyzing economic phenomena, modeling management decisions, and expert methods of studying management systems were used. Results. The conducted research made it possible to identify the main theoretical innovative development of the company that is associated with making the right management decisions based on relevant and consistent information. Modern automated budgeting systems successfully cope with the tasks of accumulating complete, sufficient, useful and comparable information. With their help, it is possible to systematize large amounts of data on the movement of financial, material, labor, time and other resources of the company. It is known that in 2022, many foreign software manufacturers left the Russian market. Their place is gradually being taken by Russian companies specializing in the production of automated control systems. The authors of the article provide a list of the most popular Russian budgeting systems. Using the example of one of the advanced information and analytical systems that allow you to keep several types of accounting in parallel (managerial, accounting, tax, international), the authors show how to carry out budgeting and financial planning of a company using modern digital technologies. The article contains methodological recommendations on the use of ERP system tools to improve the quality of the company budgeting and its innovative development. Discussion. The rapidly changing political situation affecting the economic condition of the business makes it necessary to carry out careful planning and rational use of the company's assets, continuous monitoring of the movement of financial and non-financial flows. Budgeting is an effective tool that allows to coordinate and optimize these processes and make informative and balanced management decisions.