It is a Method of Budgeting where budgeting starts from “zero base”. In this budget, all expenses must be justified for each new period irrespective of if the budget is higher or lower compared to the previous period. It helps review all spend, usage, policies with the goal of eliminating unwanted spend. The end goal is to align spend to the goals of each department of the firm . We support clients to succeed in their zero based budgeting journey.
The client, a Consumer Goods firm in US, wanted to boost growth in its operations and have competitive advantage over its peers.
1. The ZBB methodology was used to identify cost reduction opportunities in SG&A and IT areas. Worked with the client to understand the budgeting requirements to develop the budgeting templates as per their needs.
2. The business users were trained on the budgeting process using the developed budgeting tool.
1. User friendly budgeting process
2. Trained the client team on the budgeting process
3. The savings generated from this exercise were reinvested in the growth opportunities.
The client, a Consumer Goods firm in UK, was seeking to drive growth and identify cost optimization opportunities in its overhead expenses.
1. Worked with the client to understand the budgeting requirements to develop the budgeting templates as per their needs.
2. The business users were trained on the simplified budgeting process using the developed budgeting tool.
1. User friendly budgeting process
2. Trained the client team on the budgeting process
3. The savings generated from this exercise were reinvested in the growth opportunities.
We are a management consulting firm with deep experience of working with clients achieve excellence in their transformation journey. Every client is unique and we are passionate about helping them unlock significant business value. Helios brings industry and functional focused capabilities to the clients to power the transformation efforts. We work with dedication and take actions to deliver results for the clients. We are passionate about ensuring that our clients transform their processes and have the opportunity to become leading players in their sectors. Our aim is to work with the client teams to inculcate a culture of continuous improvement so that they constantly improve which helps them to outperform their peers.
We are a management consulting firm with deep experience of working with clients achieve excellence in their transformation journey. Every client is unique and we are passionate about helping them unlock significant business value. Helios brings industry and functional focused capabilities to the clients to power the transformation efforts. We work with dedication and take actions to deliver results for the clients. We are passionate about ensuring that our clients transform their processes and have the opportunity to become leading players in their sectors. Our aim is to work with the client teams to inculcate a culture of continuous improvement so that they constantly improve which helps them to outperform their peers.
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