Budgeting & Forecasting › Zero-Based Budgeting

How do modern 'ZBB 2.0' approaches use technology and data?

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Answer

Modern ZBB uses spend analytics, benchmarking, and driver-based cost models to identify savings and set fact-based targets faster than the traditional package-by-package process, and applies it as an ongoing capability (with governance and cost owners) rather than a one-off exercise. Technology reduces the effort that made classic ZBB burdensome.
Real-world example Analytics-driven ZBB benchmarks each cost category to set targets quickly without exhaustive manual packages.

Common follow-ups: How does technology reduce ZBB's burden? | How does ZBB 2.0 differ from a one-off exercise?