Zero-Based Budgeting

Companies often face issues that require a more radical approach to restructuring corporate costs. Such situations may be due to industry disruptions, but are often also the result of overly complex structures due to M&A.

To achieve a step-change improvement in performance, organizations can benefit from applying a blank-sheet approach to their operations. To succeed at ZBB, companies need to look at both the “what” and the “how” in their activities, without preconceived notions of how things have been done in the past.

Embracing ZBB allows CFOs to:

Fund a company’s highest ROI activities by removing and repurposing inefficient resources

Deliver transparency on the firm’s cost base to continuously reduce spend

Reduce complexity in operations

Embed new ways of working by instilling an owner’s mentality across the org

At Catalycs, we make our ZBB approach different by grounding it on growth—this is at the core of our beliefs. We make sure that any program is aligned with the company’s ambition to prevent costs creeping back in and secure long-term results.

Click here if you would like to learn more about our Zero-Based Budgeting approach.