Zero-based budgeting (ZBB) offers a host of significant benefits for finance teams, including cost savings, right-sized head counts and efficient resource allocation. Yet fewer than 50% of teams currently adopting ZBB are able to realize significant cost savings or margin improvements.
However, when implemented correctly, ZBB can lead to great opportunities for companies to identify inefficiencies and waste, streamline processes and rightsize head count.
Download Gartner’s free best-practice insight, “Zero-Based Budgeting: Separating Fact from Fiction,” to learn about:
- The rationale for a zero-based budgeting system and whether you should adopt a ZBB model in your finance function
- Dispelling five common myths associated with ZBB
- Effective ZBB implementation techniques to realize value and how to fit it into your existing planning cycle