Explain why this is important for an organization. Faster Capital (n.d.) covers the use of technology for budgeting in an article. In today's fast-paced and ever-evolving business landscape, accurate budgeting is crucial to the success and sustainability of any organization. The article mentions several ways technology can be used effectively to achieve accurate budgeting, including: Automated budgeting software: One of the most important advances in budgeting technology is the availability of automated budgeting software. These tools offer a wide range of features, including data integration, forecasting capabilities, and real-time tracking. Data analysis and visualization: Technology has also enabled organizations to analyze and visualize large amounts of financial data, providing valuable information for budgeting purposes. Advanced analytics tools can help identify trends, predict future expenses, and optimize resource allocation. Cloud-based collaboration: Collaboration between team members is vital for accurate budgeting, especially in large organizations with multiple stakeholders. Cloud-based collaboration tools enable real-time collaboration and facilitate seamless communication, ensuring everyone is on the same page during the budgeting process