More and more organisations are shifting to Zero-Based Budgeting (ZBB). It is a modern budgeting approach that helps us grasp key drivers, foster business partnering, and support agile FP&A.
However, implementing this approach also comes with many challenges.
We recently hosted a webinar to help FP&A leaders understand the benefits and challenges of ZBB. In his presentation, Enrique Rodriguez, Finance Director - Headquarters & Procurement at Walgreens Boots Alliance, shared his experience implementing Zero-Based Budgeting (ZBB) in FP&A, addressing hurdles such as resource intensity and resistance to change.
But more importantly, he outlined the critical success factors for establishing ZBB.
Watch the video to learn more.