At the third FP&A Board Connect, Lukas Herbert shared a business case study on Zero-Based Budgeting (ZBB).
Developing predictive models, forecasts and scenarios to assess risk and assist decision making is one of a finance department’s most important activities. If finance managers neglect this activity, the company may encounter serious problems.
The digital revolution is not only shaking company business models but also had a direct impact on the finance function. The world is now evolving at a faster pace and now more than ever before there is a need to question regularly the long-term strategy. Also Business partners need daily support to work on new ideas and to create robust business cases.