Check out the recording of this digital event to learn the latest trends and developments to successfully implement ZBB.
Join the Digital UK & Ireland FP&A Circle on the 23rd of November at 4:30 PM GMT to learn how to successfully implement ZBB from senior practitioners and thought leaders.
This paper covers the findings of our sixth annual FP&A Trends Survey, where we share the trends and challenges facing FP&A departments around the world. The survey was performed at a time where organisations were looking to recover from the pandemic when many were trying to figure out how to operate in a changed business world.
Zero Based Budget has seen a resurgence over the last few years, especially during the pandemic. As organisations feel the effect of the pandemic, they are turning more and more to using Zero-Based Budgeting (ZBB) to ensure survival.
Organisations that pursue Zero-Based Budgeting (ZBB) often cite three main reasons for doing so:
Those who follow developments in FP&A closely have proclaimed a New Age of Zero-Based Budgeting. So what exactly does this mean? What do organisations find so appealing about this alternative to traditional budgeting, and how can we best implement it?