Zero-Based Budgeting for Finance: When It Works.
Zero-based budgeting, often called ZBB, has returned to the CFO agenda as organisations face cost pressure, margin uncertainty, and demands for sharper capital discipline. Unlike traditional budgeting, which adjusts last year’s numbers, zero-based budgeting rebuilds every cost from the ground up. Each expense must be justified as if the budget were being created for the first time. While...
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