The Corporate Budget Process is the system by which businesses create, track and manage their budgets. It involves setting financial goals, laying out a timeline for achieving them, determining how much money needs to be allocated to each area of business operations and tracking progress over time. This process helps ensure that resources are being used efficiently and that the company remains on target to reach its goals. By keeping close tabs on spending patterns, businesses can more easily identify potential areas of improvement and adjust course as needed. The Corporate Budget Process is essential for any successful business.